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2005 - Harness Tracks of America, Inc.

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HARNESS TRACKS OF AMERICAExecutive NewsletterA daily fax and e-mail report on racing and gaming developments in North <strong>America</strong> and beyondStanley Paul J. Estok, F. Bergstein, Editor Editor July 1, <strong>2005</strong>McCAIN AIMS AT INDIAN GAMINGCongress never intended for Indians to build Nevada-stylecasinos away from their reservations,and tribes risk a backlash by pursuing the trend,Sen. John McCain told the Senate Indian AffairsCommittee. The trend <strong>of</strong> tribes establishing <strong>of</strong>freservationcasinos has surfaced as Indian Gaminghas transformed in recent years from a relativelysmall industry into a huge one, generatingan estimated $18.5 billion in 2004, nearly doublethe take from Nevada’s gaming industry. McCainsaid after the hearing that he was still decidingwhether to introduce legislation to further restrict<strong>of</strong>f-reservation gaming.TRUE PROMOTED AT YOUBETYoubet.com, <strong>Inc</strong>. has announced that Jeff True hasbeen named a vice president <strong>of</strong> the company. Truewill continue to serve as Western Region GeneralManager for Youbet and will now oversee the promotionand promotion partner development programs.CHRB BACKS CHIP IDThe California Horse Racing Board instructedstaff on Thursday to develop a detailed plan for apilot program to add microchips to the methodsused to identify racehorses in California. Microchipsare used widely in 16 other countries and ona limited basis in some states, but if the CHRBsuccessfully implements program, California wouldbecome the first state to require microchip technologyfor the monitoring <strong>of</strong> racehorses. CHRBChairman John Harris said the intent <strong>of</strong> the Boardwould be to require, “at a date certain, that anyhorse participating in races in California has achip.” Dr. Ron Jensen, the Board’s equine medicaldirector, will be meeting with horse identifiers,stall superintendents, and others to develop t h epilot program, which could be funded bythe California Department <strong>of</strong> Food and Agriculture.PENN NATIONAL TO SELL CASINOPenn National Gaming announced this week thatis has agreed to sell the Argosy-Baton Rouge casin<strong>of</strong>or $150 million in cash upon the completion<strong>of</strong> its acquisition <strong>of</strong> Argosy Gaming Co. PennNational will sell the property to a unit <strong>of</strong> ColumbiaSussex Corp., a Fort Mitchell, Kentucky, hoteland casino operator.NYRA MONITOR GETS MORE TIMEA federal judge yesterday extended the time theNew York Racing Association will be under thewatchful eye <strong>of</strong> a court-appointed monitor. Yesterday,on the eve <strong>of</strong> the expiration <strong>of</strong> Getnick &Getnick’s 18-month oversight, Judge Arthur Spattextended the time NYRA will be under the purview<strong>of</strong> the monitor to July 24, while at the sametime extending the deferred prosecution, which wasalso set to expire, until August 23. According toJim Odato’s report in the Albany Times Union,Getnick wrote to Spatt asking to extend themonitorship until the end <strong>of</strong> the Belmont meet andsaid he would recommend dismissal <strong>of</strong> chargesbrought against NYRA if he determines it has metthe terms <strong>of</strong> the deferred prosecution agreement.RED MILE RACING...Racing action returns to The Red Mile this weekendwhen the Lexington track opens for two days<strong>of</strong> quarter horse racing this Saturday and Sunday.Last year The Red Mile’s abbreviated quarterhorse meet drew crowds <strong>of</strong> 10,000-12,000.NM LAW ALLOWS LONGER HOURSBeginning today, gamblers will be able to spendmore time in New Mexico’s casinos. A new statelaw will now let racetrack casinos stay open 18hours a day, but it won’t let casinos operate morethan 112 hours a week. Casinos must also spendat least a quarter <strong>of</strong> their income from gamblingmachines on programs to treat compulsivegamblers.

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