PINNACLE’S ACQUISITION OF RETAMA UNLIKELY TO CLOSE BEFORE DECEMBER


By David Hoioper, Texas Thoroughbred Association

AUSTIN, (TTA) – The San Antonio Express News published a report in its September 13 edition stating that Pinnacle Entertainment’s purchase of a majority share in Retama Park is unlikely to close before December rather than the earlier expectations of October due to the voluminous number of background investigations of officials with the publicly traded company.

The article also stated that Pinnacle is expected to exercise an option to acquire the entire racetrack by the end of the year.

Fast furlongs…Earlier this week, many Texas owners and trainers began spending day after day shopping for young racing prospects at the 11-day Keeneland September Sale of Yearlings in Lexington, KY, and former TTA Director Bill Clifton was one who made three purchases in the first two days including a son of Tiznow whom he hopes will develop as his multiple Grade 1 stakes winner Tizway did…The Austin trial of nine defendants in the Zetas drug cartel money-laundering cases has been postponed from October 22 to March 4 due to conflicts involving trials of some defendants in other jurisdictions plus a month-long delay this fall when local federal courts are moved to a new Austin location…Churchill Downs may apply for September racing dates in 2013, in addition to its traditional spring and fall meets, but Turfway Park has had those dates for several years until additional gaming in Indiana and Ohio fueled purses and caused the Northern Kentucky track to struggle to fill entries during its current meet that has no stakes program…Texas HORSE, the acronym for Texas Horse Organizations for Racing, Showing and Eventing, has acquired a new domain name www.texas-horse.com…Lane’s End Texas stallion Too Much Bling continues to attract attention with his daughter, Significant Bling, appearing seventh on the list of leading 2-year-old fillies in earnings with $122,700 through September 3 and two other daughters, Macassar Corporation’s homebred Wahine Bling, and Will Farish’s homebred TTA Sales Futurity winner Falling Star finishing 1-2 in a Remington Park allowance for non-winners of two with the winner paying a generous $56…A Kentucky circuit court judge has upheld the Kentucky Horse Racing Commission’s one-year suspension of former state steward John Veitch, who plans to appeal the decision…Arlington Park funded “super” tests of post-race samples of winners through June 30 and stewards recently fined 12 trainers for being responsible for the report of 26 positive findings of minute traces of prednisone, a corticosteroid, categorized as a Class 4 drug and no purse redistributions were made…The TRC’s Pari-Mutuel Advisory Committee met last Wednesday and moved some rule amendments to the TRC Rules Committee meeting on Tuesday morning, September 25, with TRC’s Horse Race Dates Committee meeting set for the afternoon on the same day…Rose Mary Chandler’s homebred 2011 Texas Horse of the Year Skip a Smile returned to winning ways in a Remington allowance last Wednesday completing one mile on turf in 1:35.04…The TTA Nominating Committee will be accepting recommendations for candidates to the TTA Board until September 21st.