CDI purchases 1,250 historical racing machines

Carved racehorses.

THE PAULICK REPORT via writes: Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced Monday that it has entered into an agreement to purchase 1,250 historical racing machines (“HRMs”) from International Game Technology PLC (“IGT”).

The newly engineered IGT product will operate on Ainsworth Game Technology’s (“Ainsworth”) proprietary HRM system that was co-developed with CDI. These HRMs will feature many player-favorite themes on some of IGT’s highest performing hardware including the CrystalDual® 27, CrystalSlant™ and CrystalCurve™ cabinets and will leverage some of the most recognizable themes in the gaming industry such as Fortune Coin™, Griffin’s Throne™ and Stinkin’ Rich®.

HRMs are approved by the Kentucky Horse Racing Commission and utilize the results of previously run live horse races to generate player outcomes. Continue reading »

Yes, let’s giving gamblers something other than live horse racing to keep them happy which in turn keep racehorses from being bred, wagered on and killed for their entertainment. This is the future. CDI are paving the way not in anyone’s interest but their own and generating mega profits — and the heartbeat of the entire horse racing industry — but we say hurrah if it takes racehorses out of the loop along the way.

Virtual Ky Derby 2020

Finish line, Churchill Downs, Louisville, Kentucky. Image WDRB.

We think this is marketing genius on the part of Churchill Downs Incorporated (CDI), and perhaps, virtually, the future of horse racing in the US.

Think about it. Virtual horse racing would mean zero overbreeding, racing two year olds, those horrific claiming races, cheating, doping, cruelty and traumatic breakdowns; no more racehorses killed on the racetrack, no more killed in the slaughterhouse. Gamblers could gamble to their heart’s content and hurt nothing more than the content of their wallets. CDI et al would still make their millions with none of the hugely damaging mess that goes with live horse racing as it is run today in America. What a concept.

The virtual horse race they put on Saturday among all the Triple Crown winners in our view was CDI testing the waters on a big stage. We have been trying to find how much the handle (or amount bet) was* because profits are king; profits are everything, and the only way virtual racing will become a reality. So, what do you think? Is this the future of horse racing? Watch the replay.

Insofar as the horses themselves, we do not believe it will be, nor do we wish it to be, the demise of the Thoroughbred.

*There was no legalized gambling on this race.

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Featured Image: WDRB, Fox Ch.41, Louisville, Kentucky.

Virtual Kentucky Derby

Beautiful lady wearing a gorgeous fashion hat at the Kentucky Derby 2019.

Hats off to Churchill Downs Incorporated (CDI). They are geniuses at making money, the kings of gambling in the horse racing world.

All the while, the horse racing industry in the U.S. continues to be scrutinized for doping, maiming and killing its athletes for which there doesn’t appear to be any sort of remedy for except to shut it all down.

We believe CDI, in possible anticipation of the above has a plan, and that is to eliminate most of live horse racing and replacing it with historic racing, also called instant racing. Heard of it yet? Here’s a quick explanation. Historic or instant racing is is an electronic gambling system that allows players to bet on replays of horse races (or dog races) that have already been run.

First Saturday in May

The Kentucky Derby will not run the first Saturday in May this year; it will run the first Saturday in September instead. We now have a novel replacement for the original May date.

CDI have come up with an idea which is more genius on their part — betting on “historical” horses who have already run — a reinvented Kentucky Derby race run “virtually” among the 13 Triple Crown winners.

Peter Amsel on describes it for us:

Open quote

The Kentucky Derby may have been postponed due to COVID-19 but a virtual all-star version of the race will take its spot on the calendar to raise funds for the state’s pandemic relief efforts.

CDI is taking a page out of the UK’s Grand National, which was supposed to take place in early April but was cancelled due to COVID-19. For three years, Inspired had run a Virtual Grand National prior to the real deal as a teaser but the virtual race took the spotlight this year, raising £2.6m for charity and attracting six times its normal TV audience.

The Triple Crown Showdown will air on NBC on May 2 and, starting April 30, race fans can log on to to make their pick for the virtual winner. Participants will be encouraged to make a donation to COVID-19 relief efforts and CDI has pledged to match these donations up to $1m.

So what do you think? Will you be watching?

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Illegal racetrack secretly built in Valencia County

Legally run horses in Albuquerque, New Mexico, take a turn and head for home.

Illegal horse racing has been taking place across the U.S. for quite some time, usually in offbeat, out of the way areas mostly in temporary, makeshift circumstances. Alarming as that is, there is now other disturbing news — an illegal racetrack is being built in Valencia County, New Mexico, and their potential neighbors are anything but happy about it.

Albuquerque KRQE NEWS reports:

Left Quote (Gray)

No permits, no zoning changes, but there is a lot of construction going on in a small community in Valencia County.

“They’re hiding it back here because they think nobody is going to say anything,” said a person who lives in Highland Meadows, who asked News 13 to not use her name. Highland Meadows is a small, quiet community in the far northwest area of Valencia County, near Highway 6 and Interstate 40.

“This is very remote. We may seem like we aren’t but we are,” said a neighbor. Nestled behind a hill and beyond a row of homes, is a very well hidden illegal horse racing track.

“The fact that you can’t see it from the road, it all just seems to be on the down-low,” said a neighbor. Pictures show the track has been taking shape over the last year.

Neighbors say they’ve been fighting against it the entire time. “It will bring in things we don’t want here, like gambling, drugs, guns,” said a neighbor.

Neighbors say they alerted Valencia County almost a year ago, but say the county did nothing to stop the construction. “The county says there’s nothing they can do,” said a neighbor.

The project appears to be almost finished, and, now, the county is getting involved. “We’ve seen pictures. We’ve gone out ourselves. It’s hard to get a good view of what’s going on in the property from a public road and we are not allowed on private property. It makes it difficult for us to build a strong legal case,” said Nancy Gonzales, the Valencia County Community Development Director.

These 117 acres are not zoned for any kind of racing and the hard-to-reach property owner has not applied for any kind of permits. “When we have trouble getting in touch with property owners, that does give us cause for concern,” said Gonzales.

Gonzales says they sent a letter to the owner but have not heard back. “Very frustrating. I understand the concern,” he said.

Gonzales says they are working with the county’s legal department on options of what to do and are viewing this as a learning experience.

“There are big areas of land that lend themselves to this kind of activity so it tells us we need to patrol and increase our presence in these areas and that perhaps they’re aware there are things they can do out of our reach until hopefully, it’s not too late,” said Gonzales.

The New Mexico Racing Commission has also been notified of this track. They have an open investigation into the case.

Neighbors are hoping at least one of the agencies investigating this case comes through before racing actually begins. “We just want our community to stay safe and if the county can’t help us, I don’t know what we’re going to do,” said a neighbor.

Right Quote in Gray

In the meantime, live “legal” horse racing runs throughout the year plus simulcast betting at The Downs Racetrack and Casino in the “heart of Albuquerque”. Wonder what they think about all of this.

All we care about is the safety and welfare of the horses they will use. Racehorses fare miserably at sanctioned tracks suffering catastrophic breakdowns and death in alarmingly high numbers.

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