Texas Racing Act

Practical Joke Colt Tops Texas Yearling Sale

GRAND PRAIRIE, TX - A colt by Practical Joke brought $110,000 to top Monday's single-session Texas Thoroughbred Association (TTA) Summer Yearling Sale at Lone Star Park. By the numbers, a total of 175 yearlings sold for $3,240,000. The figures represented a decrease from 2022 when 161 sold for a record $3,416,000 in gross receipts. This term, the average was $18,542, while the median was $11,000 and 77 horses reported not sold. Foster Bridewell, Director of Horse Sales for the TTA, said of the auction, "Three of our top five offerings were...

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Eyes Fixed On Texas Yearling Sale At Lone Star Park

At 271 head, one of the largest catalogs in its history, the Texas Thoroughbred Association's (TTA) single-session Yearling Sale will be held Monday, Aug. 28 at 10 a.m. (CT) at Lone Star Park Sales Pavilion. The 2022 edition, which reported a buy-back rate of 24%, saw 161 yearlings out of 211 sell for a total of $3,416,000--up almost 6% from the previous year when 177 out of 228 grossed $3,229,600. Growth was also seen in last year's average of $21,217, an increase from $18,246 in 2021, while the median was...

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Legal Expert: If Fifth Circuit Finds HISA Constitutional, Texas “Absolutely” Can Implement Law

Like rival boxers primped and posturing, proponents of the Horseracing Integrity and Safety Act (HISA) and the Texas Racing Commission (TXRC) have taken to their respective corners during the unfolding legal fight over the law and have remained un-budged. At stake is the lucrative business of nationally beaming Texas's simulcast wagering signal. The TXRC initially took the stance that it is legally prohibited from permitting Texan tracks to export their signals. Then at the start of February, the Fifth Circuit Court of Appeals sent the congressionally amended version of HISA...

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Attorney Frank Becker on Texas, HISA Standoff

The simmering stand-off between the Texas Racing Commission and the powers behind the Horseracing Integrity and Safety Act (HISA) bubbled higher Monday, when the commission's executive director issued a letter warning Texas will prohibit the import and export of pari-mutuel simulcast signals at its racetracks if the Act goes into effect on July 1 with jurisdictional authority over the state's Thoroughbred racing operations. In the letter, Amy Cook, the Texas Racing Commission's executive director, invokes various statutes in the Interstate Horseracing Act, the Texas Racing Act and the Texas Rules...

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