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#1
10-08-2014, 01:25 PM
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Steve, very interesting from Mr. Welch on your program this morning re: Suffolk and Stronach. Tim Rivto, speaking on behalf of Stronach saying they're looking at all "wayward" tracks (in terms of profitability) and coming in and running those tracks. Any number of tracks fall into that bucket, AP, SUF, Colonial, FG...
Sounds like if the casino law remains intact post-election, they could be interested based on the revenue that will be skimmed off the casinos and put into the horse racing development fund. I have heard media reports say that fund could reach $100m in the next decade. Very interesting development.
__________________
"Boston fans hate the Yankees, we hate the Canadiens and we hate the Lakers. It's in our DNA. It just is." - Bill Simmons 
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#2
10-08-2014, 04:43 PM
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Quote:
The development fund in MA is projected to reach $140,000,000.
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
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#3
10-21-2014, 03:26 PM
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The New England horseman have brought on former Suffolk COO Lou Raffetto to be their point person on working with the owners to lease the track and run in 2015. Raffetto revived the track in the early 1990's after it had shut down and then was running the MD tracks.
http://www.bostonglobe.com/metro/201...MwN/story.html He predates my knowledge of the game to any extent. Not sure if this is a good, bad or indifferent thing for Suffolk Downs.
__________________
"Boston fans hate the Yankees, we hate the Canadiens and we hate the Lakers. It's in our DNA. It just is." - Bill Simmons
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#4
10-21-2014, 11:17 PM
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Lou Raffeto knows what he's doing. we might be all right
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#5
11-05-2014, 09:50 AM
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So, the first hurdle in the way for any kind of a return for Suffolk Downs was the ballot initiative on casino gaming. A yes vote would have repealed the law allowing casinos and a no was to keep status quo. "No" won handsomely, 59%-41%, I believe.
This means casino construction will move forward and the slots parlor at Plainridge Harness (run by Penn National) is set to open in 2015. This will start feeding money to the horse industry fund, which the New England Horsemen and Lou Raffetto hopes to use in some fashion to continue operations under a lease agreement with Suffolk's ownership team. I believe the next "big" date is mid-November when the racing/gaming commission is set to award 2015 dates. The horsemen applied for one day in hopes to amend that and run around 60 days.
__________________
"Boston fans hate the Yankees, we hate the Canadiens and we hate the Lakers. It's in our DNA. It just is." - Bill Simmons
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#6
11-07-2014, 09:18 AM
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Actually, the next date of note was yesterday, where the racing commission approved the placeholder applications of both the NE Horseman and the Carney family to run at the Brockton Fair. The groups now need to have detailed applications submitted to the board.
Also, with the $85m deposited by both Wynn and MGM for their casinos, 5% of that immediately goes to the horse fund, so $8.5m. Steve, any word if Lou Raffetto is coming to chat soon to update the masses?  http://www.bloodhorse.com/horse-raci...-massachusetts
__________________
"Boston fans hate the Yankees, we hate the Canadiens and we hate the Lakers. It's in our DNA. It just is." - Bill Simmons
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#7
11-25-2014, 03:40 AM
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http://www.bloodhorse.com/horse-raci...perate-suffolk
New England HBPA files to run at SUF. Deal with Fields/Tuttle next hurdle to continuing racing in East Boston..
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
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#8
04-15-2015, 10:18 PM
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i don't know why it means the "end". It will take some creative and commited help to stay racing but it can be done.
I will use this man as a great example of how to get it done right.  http://en.wikipedia.org/wiki/Jeffrey_Gural
__________________
Support your local Re-run or horse rescue organization. https://www.rerunottb.com/:)
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#9
04-16-2015, 05:41 AM
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Quote:
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
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