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2002 - Harness Tracks of America, Inc.

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HARNESS TRACKS OF AMERICA<br />

Executive Newsletter<br />

A daily fax and e-mail report on racing and gaming developments in North <strong>America</strong> and beyond<br />

Stanley F. Bergstein, Editor<br />

July 31, <strong>2002</strong><br />

COHEN REACHES END OF LINE<br />

SPORT LOSES TWO VETERANS<br />

Jay Cohen, convicted <strong>of</strong> violating the Interstate Death has claimed two veteran participants in harness<br />

racing. Dick Sharbaugh, executive secretary<br />

Wire Act by operating an <strong>of</strong>fshore gambling site<br />

called World Sports Exchange in Antigua and <strong>of</strong> the Pennsylvania <strong>Harness</strong> Racing Commission<br />

Barbuda in the Caribbean, appears headed for jail. from 1986 to 1999, died at 72. He served under<br />

Cohen reached the end <strong>of</strong> the line when the United four commission chairman, Jesse Crabbs, Jim<br />

States Supreme Court declined to review his conviction,<br />

leaving him to face 21 months in prison, nois, Arthur Galt Jr. former president <strong>of</strong> Maywood<br />

Eckenrode Jr., Rod Piatt and Roy Wilt. In Illi-<br />

two years <strong>of</strong> supervised release, and a $5,000 fine. Park and the son <strong>of</strong> the developer <strong>of</strong> Florida’s<br />

Cohen had fought a long, hard and costly legal famed Galt Ocean Mile, died at 90.<br />

battle, and the government <strong>of</strong> Antigua and Barbuda<br />

had filed an amicus brief urging the Supreme Court<br />

HAMBO IN DAIL<br />

AILY RACING FORM<br />

to review the case. The Cohen case, and recent<br />

decisions by Citibank and Visa to crack down on<br />

gambling transactions, are the latest developments<br />

in Internet wagering. On the brighter side, columnist<br />

Andy Beyer checked in today with a glowing<br />

report on the improvement <strong>of</strong> Youbet.com, giving<br />

it high marks for new technology that has greatly<br />

transformed the quality <strong>of</strong> the product.<br />

RACING CRISIS IN OKLAHOMA<br />

Racetracks in Oklahoma have fallen on hard<br />

times, and state <strong>of</strong>ficials and track managers say<br />

that unless something is done to make the tracks<br />

more competitive with Indian gaming, the future<br />

is bleak. In five years handle at Oklahoma’s three<br />

tracks -- Remington Park, Fair Meadows and Blue<br />

Ribbon Downs -- has fallen from $302 million to<br />

$175 million. A fourth track, Will Rogers Downs,<br />

that had declared bankruptcy 11 years ago, reopened<br />

in 1998, but simulcasting ended there last<br />

year. Although a recent law change expanded incoming<br />

signals from six to as many as a track can<br />

handle, the state senator who introduced that legislation<br />

said he didn’t think the change would be<br />

enough to enable Remington or Blue Ribbon<br />

Downs to make money. He said that if the<br />

three tracks close, the state will lose its<br />

third largest industry.<br />

The east coast and Canadian editions <strong>of</strong> Daily<br />

Racing Form will carry the entire 15-race Meadowlands<br />

Hambletonian Day program, including<br />

past performances and handicapping information,<br />

this Saturday. Meadowlands’ general manager<br />

Chris McErlean, announcing the cooperative venture,<br />

noted that full fields will be the order <strong>of</strong> the<br />

day Saturday, and said he thought there would be<br />

special interest in the product on the part <strong>of</strong> thoroughbred<br />

handicappers. In addition to the $1 million<br />

Hambletonian, the card also features the<br />

$500,000 Hambletonian Oaks for 3-year-old trotting<br />

fillies; the $500,000 Nat Ray for older trotters;<br />

the $400,000 Mistletoe Shalee for 3-yearold<br />

pacing fillies; the $400,000 U.S. Pacing Championship<br />

for older pacers; and the $300,000 Oliver<br />

Wendell Holmes for 3-year-old pacing colts and<br />

geldings.<br />

ONLY IN THE NATION OF TEXAS<br />

Texas, as those who travel there know, is a country<br />

unto itself, in size, manners, mores and more.<br />

Where else, for example, could you find a racetrack<br />

promotion called “Don’t Pee Like a Racehorse.”<br />

That was the Sam Houston Race Track<br />

feature on July 20, when the last one still holding<br />

his or her bladder while drinking three bottles<br />

<strong>of</strong> water every hour and holding one hand<br />

on a giveaway truck got the truck. It was a<br />

pickup, naturally.

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