The Stronach Group

It was a very good week for the Thoroughbred Racing Initiative (TRI), the group leading the fight to kill bills in the Florida legislature that would allow for decoupling at Gulfstream Park, which would mean the track could continue to offer casino gaming without the requisite that it must hold live thoroughbred racing. The matter had come to the attention of Florida Governor Ron DeSantis, who attended the OBS April sale on Thursday and made it clear where he stands on the issue.     "You can count on me as...

Summer race-date allocations for meets at both Pleasanton and Ferndale failed to advance at Thursday's California Horse Racing Board (CHRB) meeting. The former request got voted down and the latter failed to garner enough votes to be decided either way, jeopardizing the prospect of any fairs-style racing in the state for 2025. The commissioners who voted and stakeholders who testified were split on the best path forward for California racing as a whole, widening an existential Northern-vs.-Southern rift that opened nearly two years ago when The Stronach Group (TSG) announced...

Legislative efforts in Florida to decouple the live racing requirement for Gulfstream Park and Tampa Bay Downs to operate their respective casino and card rooms-efforts that industry stakeholders largely see as a death knell to the future of horse racing in South Florida--took a few twists and turns in the state legislature Tuesday. A standalone bill that had already passed out of one legislative committee was temporarily postponed in the state Senate. But similar language was inserted as an amendment into a separate and much larger gambling bill (HB 1467)...

Amid the embattled economics of horse racing, more and more attention has been placed upon Computer Assisted Wagering (CAW) players. One such focus has surrounded whether these behemoths of the betting pools are contributing their fair share back to the sport. That's the case certainly in California. Last year, the California Horse Racing Board (CHRB) became the first regulator of a major racing jurisdiction to really dig down into the issue during a public hearing--one that later led to a published Q&A. The scrutiny that California has received hasn't always...

A Senate committee advanced Florida's controversial decoupling bill at a Tuesday hearing after amending the legislation so that the effective date for removing the live racing requirement for Gulfstream Park and Tampa Bay Downs to operate their respective casino and card room would be seven years instead of the five years that appears in the amended companion House bill. After absorbing more than two hours of testimony--almost all of it from Thoroughbred trainers, owners, breeders, sales company officials, veterinarians and other industry workers speaking out against the bill--Senator Jennifer Bradley...

During his 22 years serving in the Kentucky State Senate, Damon Thayer was known as a fierce advocate for the horse racing industry. Thayer decided not to run for re-election in 2024, but that doesn't mean that he stopped trying to help the sport, using his considerable political acumen to do so. Thayer has accepted the job as the senior advisor to the Thoroughbred Racing Initiative--a group formed to try to fight off efforts to decouple the racing and casino and card room licenses in Florida. To talk about his...

   The following continues a look at how long-term economic developments shape today's Thoroughbred sport. To read part I, click here. Defining Development #5--Real Estate Realities Has there ever been a time when rising real estate values have not heavily influenced the physical locations of Thoroughbred breeding farms and racetracks? This economic maxim has been especially dominant in the U.S. in the late 20th and early 21st centuries. As for breeding farms, anyone who has driven over the past four decades along Harrodsburg Road south of New Circle Road  in...

After a flurry of activity this past week which appeared to breathe life into the idea of Pleasanton racetrack remaining open for training and stabling, potentially even for a race-meet this summer, the facility looks set to end its current tenure as a state licensed auxiliary training and stabling center midnight Tuesday. "Please be aware that as of March 25 at midnight, Alameda County Fairgrounds in Pleasanton will no longer be an approved auxiliary training facility of Santa Anita Park. The agreement between the Southern Stabling and Vanning Committee (TOC...

Florida's polarizing decoupling legislation, which would remove a statutory requirement that Gulfstream Park and Tampa Bay Downs run a minimum number of live Thoroughbred races in order to operate the respective casino and card room at each venue, recently had its first reading in the House of Representatives and remains pending at the committee level in the Senate. The bill has the backing and was launched at the impetus of Gulfstream's corporate owner, The Stronach Group (TSG). But in a solidarity twist that supersedes his family's business ties, 92-year-old Frank...

It now appears as if only two of the five tracks that ran summer fairs meets in Northern California in 2024 are willing to consider giving racing a go in 2025, exacerbating the racetrack fallout in that region that started when The Stronach Group ceased operations at Golden Gate Fields, the region's lone commercial track, last June. "Ferndale has expressed interest," Oscar Gonzales, the vice chair of the California Horse Racing Board (CHRB), said at Thursday's monthly board meeting. "They're trying to bring together the different components. Fresno, their fair...

After Golden Gate Fields ran its last race on June 9, 2024, there was plenty of business that still had to be dealt with, and it went beyond the mundane tasks of selling such items as the pots and pans used by the kitchen staff. According to conventional wisdom, two of the best horses ever to race at the Northern California track, Lost in the Fog and Silky Sullivan, were buried in the infield. Wanting to do the right thing, the track's owner, The Stronach Group (TSG), tasked Golden Gate...

Michael Willman, a former publicity director who worked at Santa Anita Park for nearly two decades, has sued the racetrack, its ownership, and several management executives, alleging that he was fired in March 2024 under the pretext of using inappropriate language when making an off-color joke to a subordinate, but that the "real reason" he was terminated was for refusing to participate in a purported cover-up of alleged mismanagement following a series of highly publicized horse fatalities that occurred at Santa Anita in 2019. According to the civil complaint filed...