Sports & Whatever

Tag: NYRA

  • What Maryland Didn’t Consider

    What Maryland Didn’t Consider

    The Preakness announcement led to a new broadcast deal and date but did not resolve sixteen existing issues—eight created by Maryland and eight inherited from the industry. Key problems include reduced betting handle on Sundays and competition with major events like the PGA Championship, requiring Maryland to address structural shortcomings for racing’s future.

  • The Hand They’re Not Playing: How Maryland Can Rebuild Horse Racing After the Preakness Shake-Up

    The Hand They’re Not Playing: How Maryland Can Rebuild Horse Racing After the Preakness Shake-Up

    Maryland faces a critical moment in revitalizing the Preakness and its horse racing legacy. With options to build independent coalitions and focus on a four-race calendar, Maryland has the chance to create a significant racing framework by 2028. Immediate action is necessary to secure this future and leverage its unique assets.

  • What CDI Does With Tracks It Owns

    What CDI Does With Tracks It Owns

    Churchill Downs Incorporated (CDI) has a documented strategy for acquiring and managing racetracks, evident in its closure of Arlington Park and relocation of prestigious races to Colonial Downs. Maryland’s $85 million investment to secure the Preakness IP aimed to prevent such an outcome, ensuring the race’s future remains tied to its heritage, not CDI’s corporate…

  • Nine Minutes. One Question.

    Nine Minutes. One Question.

    The press conference by CDI and NYRA lasted only nine minutes, addressing their new Thoroughbred Championship Series, which excludes Maryland’s Preakness. This prompted criticism regarding the lack of communication and potential negative impact on the Triple Crown. Maryland may face challenges if included in the series under CDI’s terms.

  • Blindsided, Again

    Blindsided, Again

    Churchill Downs announced a Thoroughbred Championship Series without including the Preakness Stakes, surprising Maryland officials who only learned of the plan through media. This follows Maryland’s $85 million acquisition of the Preakness IP. The series threatens the future of the Preakness and represents a significant strategic shift in American racing.

  • The Bet That Already Lost

    The Bet That Already Lost

    Governor Wes Moore’s $85 million investment in Preakness Stakes’ intellectual property failed as Churchill Downs built a competing championship series, omitting the Preakness. CDI strategically divested remaining Maryland properties, indicating its departure from the state. Maryland’s efforts to secure horse racing prominence were undermined, raising concerns about governance and operational competency.