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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 />

SYMPOSIUM STARTS TODAY<br />

The 29th Symposium on Racing organized by the<br />

Race Track Industry Program <strong>of</strong> the University <strong>of</strong><br />

Arizona got underway at 8 a.m. this morning, with<br />

two special sessions kicking <strong>of</strong>f <strong>America</strong>n racing’s<br />

biggest get-together. Some 1,000 members <strong>of</strong> the<br />

racing fraternity -- harness, thoroughbred, quarter<br />

horse and greyhound -- will have attended a<br />

host <strong>of</strong> sessions before the curtain falls on Friday.<br />

Today’s opener is an all-day marathon on insurance,<br />

primarily targeted on the workers’ compensation<br />

issue for horsemen, since it is sponsored by<br />

the <strong>America</strong>n Quarter Horse Association and<br />

Horsemen’s Benevolent and Protective Association.<br />

Track insurance is certain to arise during<br />

the day, and Wagering Insurance North<strong>America</strong>,<br />

which evolved from the old HTA Insurance company,<br />

will be represented by its counsel, Chicago<br />

insurance attorney Dan O’Leary. Eight other<br />

speakers are on the morning agenda, followed by<br />

an open discussion session in the afternoon.<br />

Also scheduled for today is a so-called Racing and<br />

Gaming Summit, which starts at 9 and goes on until<br />

4:30. Subjects include The Economic Impact <strong>of</strong><br />

Gaming Machines at Racing Facilities; The Racetrack/Lottery<br />

Partnership; The Politics <strong>of</strong> Racing<br />

and Gaming; a luncheon with Ron Barbaro, chairman<br />

and CEO <strong>of</strong> the Ontario Lottery and Gaming<br />

corporation as keynote speaker; Integrating Gaming<br />

Into the Racetrack Environment; and The<br />

Gaming Product. GEM Communications is sponsoring<br />

the event. Speakers are Jane Holmes <strong>of</strong><br />

Ontario’s OHRIA, Wayne Lemons and Don<br />

Johnson <strong>of</strong> the Delaware Lottery, Gary Loebig <strong>of</strong><br />

Multimedia Games, Dan Bucci <strong>of</strong> Lincoln Park,<br />

Gerald Aubin <strong>of</strong> the Rhode Island Lottery, Bennett<br />

Liebman <strong>of</strong> the Racing and Wagering Law Program<br />

at Albany Law School, consultant<br />

Mike Shagan, Bear Stearns gaming and<br />

leisure analyst Michael Tew, and Marc<br />

Falcone <strong>of</strong> the North <strong>America</strong>n Equity Research<br />

Group.<br />

December 10, <strong>2002</strong><br />

EARLY DATES FOR BIG RACES<br />

The realignment <strong>of</strong> racing dates in Indiana with<br />

the addition <strong>of</strong> Indiana Downs will result in two<br />

major pacing events being conducted early in the<br />

2003 season at Hoosier Park. The $200,000 Dan<br />

Patch Invitational will be raced on Saturday, April<br />

12, and the $500,000 Hoosier Cup for 3-year-olds<br />

will be raced Friday, May 30, which will be closing<br />

night for Hoosier next spring. The shortened Hoosier<br />

Park season will result in cancellation <strong>of</strong> other<br />

major events. The $250,000 Breeders Filly Stake,<br />

the Kentucky Standardbred Sales Company<br />

Stakes and John Simpson Memorial Grand Circuit<br />

races all will be dropped from the Hoosier<br />

stakes schedule next year.<br />

OHIO SEASON TRIMMED, TOO<br />

The Ohio State Racing Commission has approved<br />

shorter 2003 seasons for two tracks, Lebanon<br />

Raceway and Scioto Downs, under an arrangment<br />

requiring 17% reductions if approved by both track<br />

management and horsemen. Those conditions<br />

were met by Lebanon and Scioto, horsemen preferring<br />

shorter seasons rather than purse reductions.<br />

Lebanon will race 94 programs instead <strong>of</strong><br />

the 113 raced this year, and Scioto will shorten its<br />

season from 115 programs to 95. Simulcast agreements<br />

also were approved that will have racing<br />

neighbors Beulah Park and Scioto Downs in Columbus<br />

working cooperatively. Beulah will simulcast<br />

from tracks that begin racing at 4 p.m. and<br />

earlier, and Scioto will simulcast from those with<br />

post times <strong>of</strong> 4 p.m. and later. Either track may<br />

simulcast California afternoon racing that begins<br />

racing after 4 p.m. eastern time. Scioto also will<br />

be able to simulcast on afternoons during the<br />

Grand Circuit meeting at the Delaware County<br />

Fair, home <strong>of</strong> the Little Brown Jug.<br />

SYMPOSIUM REPORTS<br />

The Executive Newsletter will carry news<br />

from the Racing Symposium all week.

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