Magna Entertainment Corp., the struggling owner-operator of 10 U.S. racetracks, has reached an agreement to extend by 11 days the maturity date of a $40 million loan with the Bank of Montreal, the company announced late on Monday.
The 11-day extension follows four previous one-month extensions to the credit line. The maturity date of the line is now Nov. 28. Magna paid the Bank of Montreal $250,000 for the extension, according to a release from the company
Posted by: admin on Monday, November 17, 2008 - 07:24 PM
Oregon Racing
OREGON RACING COMMISSION
800 N. E. OREGON STREET, SUITE 310
PORTLAND, OREGON 97232
971-673-0207; 971-673-0213 FAX
http://racing.oregon.gov
The Oregon Racing Commission will meet Thursday, November 20, 2008 at 1:30 p.m. in Room 1A of the
Portland State Office Building located at 800 NE Oregon Street, Portland, OR. The commission may go
into executive session to consider information or records exempt from disclosure pursuant to ORS
192.660(2)(f) and/or to consult with counsel concerning its legal rights and duties regarding litigation likely
to be filed pursuant to ORS 192.660(2)(h). The commission may also elect to deliberate on pending
contested cases pursuant to ORS 192.690(1). Additional items may be placed on the agenda after the
general mailing of the agenda. Calls may be made to the commission office the week of the meeting to
inquire about possible additions.
COMMISSION MEETING AGENDA - AMENDED
HEARING:
APPROVALS:
1. October 16, 2008 Meeting Minutes
OLD BUSINESS:
2. Portland Meadows Report
3. Sub-Committee Update Reports
a. Advanced Deposit Wagering and Multi-Jurisdictional Hubs
b. Best Practices
c. Budget and Hub Funds
d. Medication
4. Term Length for Chair and Vice Chair
NEW BUSINESS:
CONTESTED CASES:
INFORMATIONAL MATERIALS AND APPROVALS:
5. Fair Meet Reports on Hub Fund Usage
a. Grants Pass Downs / Josephine County Fair
6. Confirmation of Next Commission Meeting – December 18, 2008
RULES:
OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE COMMISSION:
7. Track Committee Report
Who's Your Next Ex Upsets Dodge Memorial
By Chuck Dybdal
Who’s Your Next Ex ($14.60), looking for room at the quarter pole, swung wide and unleashed a strong closing kick to capture the $19,700 Dennis Dodge Memorial on Sunday at Portland Meadows.
Jockey Deborah Hoonan-Trujillo found room to the outside as the field tightened coming to the quarter pole in the Dodge. With a clear path, Who’s Your Next Ex opened up through the lane, defeating Go Bubba Go by three lengths in 1:11.88 in the six-furlong race for 2-year-olds. Odds-on Chief Jafatica ran seventh.
Who’s Your Next Ex, a son of Harbor the Gold, earned $10,835 to lift his career earnings to $18,405 with 2 wins and 2 thirds in 4 starts for owner Kimberly J. Nobles and trainer Ann Peery.
* Catalina Harbor ($9.80), a daughter of Harbor the Gold, scored a three-quarter-length wire-to-wire victory over odds-on Italian Gold in the $19,550 Lassie Stakes, covering six furlongs in 1:12.29.
Catalina Harbor, a Bar C Racing Stable homebred coming off a victory in the Janet Wineberg Stakes, earned $10,753, increasing her career earnings to $24,143 with 2 wins and 3 seconds in 5 starts.
Who’s Your Next Ex Much The best In The Dennis Dodge Memorial Stakes
Who’s Your Next Ex (Harbor The Gold - Synanita) sat behind a very contested pace and exploded down the stretch to draw clear to win the $18,000 Dennis Dodge Memorial Stakes by three lengths. Sent off as the 6 to 1 third choice in the betting, jockey Debbie Hoonan-Trujillo stayed fifth, but only a couple lengths behind a foursome of speedsters throughout the opening few furlongs. When a seam opened up at the top of the stretch, Who’s Your Next Ex very easily jumped out to the lead and pulled away from early speedsters Go Bubba Go and Ex Tremely Cool who finished second and third respectively.
The win was the second in just four career starts for the 2 year old son of Harbor Gold. Ann Peery was the winning trainer and the win earned $10,835 for owner Kim Nobles.
Go Bubba Go was part of that early pace and stayed on the finish second, a neck ahead of Ex Tremely Cool. Final time for the 6 furlongs was 1:11.88.
The race was named in honor of Dennis Dodge, longtime Northwest turfwriter and handicapper for the Daily Racing Form. Dodge passed away in September at the age of 62.
Catalina Harbor Valiantly Wins the Lassie Stakes
Catalina Harbor (Harbor The Gold - Silver City Lilly) shot right to the front and stayed there the entire way to win the $18,000 Lassie Stakes at Portland Meadows. The 2 year old daughter of Harbor the Gold staved off multiple challengers throughout the race, maintaining less than a length lead from the half mile pole all the way to the finish. Italian Gold and Primadonna Pearl had the entire length of the stretch to push on by, but could only manage second and third.
Catalina Harbor has now won two starts in a row for owner/breeders Bar C Racing stable and trainer Jim Fergason. Mark Anderson was aboard for the winning ride and was visibly pleased with his fillies efforts as he waved his whip in victory.
Catalina Harbor won the Janet Wineberg earlier this month and how now amassed over $24,000 in earnings in just five starts. Final time for the Lassie Stakes was 1:12.29 for the 6 furlong distance.
Posted by: admin on Friday, November 14, 2008 - 03:54 PM
Miscellaneous
Ever wonder what someone in New York is thinking when they bet on our races in Oregon? Daily Racing Form Publisher/Columnist Steven Crist writes about playing Portland Meadows on a whim last Sunday (evening for him):
There were some familiar names from my summer Emerald Downs pick-4 playing, but there were also horses coming out of races at tracks with three-letter abbreviations I'd never seen before -- Brn? Prv? Til?
Posted by: admin on Friday, November 14, 2008 - 03:51 PM
Oregon Breeding
Oregon-bred Winners November 2 - 11
Chief Jafatica
Tiffany Ice - Dixie Leigh Red by Chief's Crown
Bred by Bar C Racing Stables Inc, Owned by DH Walker and Trained by Jim Fergason
Won The Bill Wineberg Stakes at Portland Meadows ($11,688)
Catalina Harbor
Harbor the Gold - Silver City Lilly by Tiffany Ice
Bred by and Owned by Bar C Racing Stables Inc, Trained by Jim Fergason
Won The Janet Wineberg Stakes at Portland Meadows ($11,330)
Jimbos Fire Ant
Baquero - Jimbos Valentine by Crowing Season (GB)
Bred by and Owned by James Owens & Carol Owens, Trained by Ben Root
Won The Diane Kem Handicap at Portland Meadows ($10,670)
Hail Mister True
True Confidence - Hail the Minister by Mane Minister
Bred by and Owned by Paul A. Hagemann and Trained by Steve Fisher
Won a maiden claiming race at Portland Meadows ($2,200)
Hunt for Glory
Hunter's Glory - Ruth's Kitten by Naskra
Bred by Jean S. Vovakes, Owned by Bill Bomar and Trained by Jonathan Nance
Won a claiming race at Portland Meadows ($1,870)
I'm Rough N Ready
Western Front - Andale by Fast
Bred by and Owned by Jim Gilmour and Trained by Sue Gilmour
Won a claiming race at Portland Meadows ($2,585)
April in Ochoco's
Ochoco - Rox Arcana by Oraibi
Bred by and Owned by Mylon L. Buck, Trained by Jonathan Nance
Won a claiming race at Portland Meadows ($2,310)
Maxie's Night Cap
Capsized - Maximum Effort by Society Max
Bred by Dr. and Mrs. Jack B Root Jr, Owned by David and Patricia Runyon and Trained by David Runyon
Won a claiming race at Portland Meadows ($2,255)
Mama Nill
Perfect Mandate - Da Leprechaun by The Prime Minister
Bred, Owned and Trained by David & Anthony Hoover
Won a claiming race at Portland Meadows ($2,860)
Free Kitty
Free At Last - Kitty Mac Cool by Son of Briartic
Bred by and Owned by George Hurliman, Trained by Rolland Fergason
Won a maiden claiming race at Portland Meadows ($2,200)
Works Lika Bullet
Cisco Road - Bagel Craving by Prized
Bred by V A Fergason, Owned by Mike Wilkins and Just Horsen Around and Trained by Jim Fergason
Won a claiming race at Portland Meadows
TVG used to be the dominant force in account wagering, but as its contracts have expired with racetrack operators - and as Churchill Downs Inc. and Magna Entertainment have aggressively entered the market - TVG's business model has showed signs of strain.
When Thoroughbred owners and breeders in North America submit their foal registration applications on or after Jan. 1, 2009, they will be able to participate in a voluntary checkoff program, created and administered by The Jockey Club, which will assist two organizations that provide post-racing care for Thoroughbreds.
