revenue

Illinois Purse Increases: 'A Band-Aid On A Gushing Wound'

Purses will be on the short-term rise at the tracks in Illinois, thanks to a pair of recent money recovery efforts initiated by the Illinois Thoroughbred Horsemen's Association (ITHA). One increase at the current Thoroughbred meet at Hawthorne Race Course that will be effective June 15-July 15 involves an 18% across-the-board purse bump derived from a claw-back of funds related to the closure of Arlington International Racecourse. A separate initiative required passage of a bill in the Illinois Legislature on its final day of the session last month. That action...

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Over 100 New Yorkers Rally In Support Of Belmont Modernization

Over 100 people, including union members, backstretch workers, trainers, veterinarians and farmers gathered Monday in Albany, New York, in support of a plan to modernize Belmont Park, which, according to a release, promises significant new job creation and as much as $1 billion in one-time ecomomic impacts while freeing up 110 acres of state-owned land at Aqueduct Racetrack for future development. The project was included in Governor Kathy Hochul's Executive Budget Proposal. According to a release, Belmont Park's 117-year-old facilities have not been upgraded since 1968 and its modernization will...

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