Senator Weighs In on New Internet Betting and Horse Racing Bill

The new legislation would create a Bureau of Horse Racing tasked with duties ranging from drug testing enforcement to gift exchanges between breeders, owners, and trainers. Weiner, Esq., Partner at TheLegalBlitz.com

This is only a portion of the article. from the Villanova School of Law in 1982. Fees and fine amounts will be increased. After receiving a Presidential Scholarship to Saint Joseph’s University and graduating with a B.A.

2013-12-05-Pileggi1.JPG Members of the Pennsylvania Senate have introduced Senate Bill No. in Economics in 1979, Pileggi went on to earn a J.D. He chairs the Rules and Executive Nominations Committee and is a member of the Appropriations Committee, the Judiciary Committee, and the Legislative Reapportionment Commission. Since the General Assembly authorized slot and table gaming in Pennsylvania in 2004, the number of races, the number of horses racing, and the size of purses have all increased dramatically.

We want to position Pennsylvania as a national leader. 1188, which if enacted, would reform the regulatory oversight of the multi-billion dollar horse racing industry in the state. Our mission is to frame all aspects of athletics – including but not limited to competition, contracts, agents, media & technology, marketing & sponsorships, franchises & stadiums, economics, communications, and labor relations – in the context of law through a forum that everyone can enjoy and learn.

2013-12-05-Pileggi2.jpg These goals will be accomplished by:

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On top of that, since additional means of wagering on horse races, including via the Internet, have become available, the state has seen a decline in live betting – the primary revenue source for the State Racing Fund, which is used for regulatory oversight.

The law governing horse racing in Pennsylvania has not been updated in almost 30 years. To read the complete article, please CLICK HERE.

In other words, Pennsylvania has experienced a large expansion in the racing market since 2004 while simultaneously experiencing declining revenues to support the necessary regulatory oversight.

Placing responsibility for oversight of the industry with the Pennsylvania Gaming Control Board and dissolving the two separate commissions which are now responsible for those duties.

Strengthening Pennsylvania’s drug-testing program by authorizing testing at off-site training and boarding facilities, authorizing out-of-competition testing, and authorizing a testing fee which will include the cost of equipment, supplies, and facilities.

Prohibiting track personnel or relatives from receiving gifts from breeders, trainers and other persons.

Moving fines and fees, along with a significant percentage of both thoroughbred and standardbred breakage to the State Racing Fund to ensure the Gaming Control Board has the resources needed to enforce the act. Establishing a surcharge on purses for marketing and promotion of Pennsylvania racing.

Providing a statutory framework for the current practice of Internet wagering on horse racing.

What was the impetus for the drafting of this proposed legislation?. We hope our law can be used as a model for other states who wish to grow the horse racing industry while ensuring its integrity with strong oversight. Prior to his election to the Senate, Senator Pileggi served as Mayor of the City of Chester.

This bill has a lot of components to it – what are the highlights of which Pennsylvania residents should be aware?

Our goals are to make Pennsylvania a national leader in ensuring the integrity of the horse racing industry, to continue the growth of an industry which provides more than 23,000 jobs in Pennsylvania and contributes significantly to open space preservation, and to better fit the regulation of horse racing within the context of how Pennsylvania regulates other forms of legal gambling, such as slots, table games, small games of chance and the state lottery.

What effect can we expect this to have beyond Pennsylvania’s borders?

Managed by active attorneys, TheLegalBlitz.com is a website dedicated to tackling the toughest sports law issues. To read the complete article, please CLICK HERE.

Among the sponsors of this bill is PA Senate Majority Leader Dominic Pileggi (R-9th District). […]

By: Alex S. Moreover, and perhaps of most interest to the many commentators following this story, the new legislation would effectively phase out the Racing Commissions that currently operates under the PA Department of Agriculture and would instead have the new bureau be run by the Gaming Control Board, which would also have the ability to grant online horse-race betting licenses to casinos across the state.

This is only a portion of the article

Place your bets: A beginner’s guide to the Kentucky Derby

Refers to the fact that if they lose, they may be jumping off the nearest bridge.

And if you just want to stumble upon something great, 4 Street Live! has a variety of bars and restaurants guaranteed to be showing the race.

To get people revved up for the big race on Saturday, Churchill Downs hosts the Kentucky Oaks race the day before the big event. go! The Kentucky Derby takes place every year on the first Saturday in May and is the culmination of the two-week-long Kentucky Derby festival. More than 100,000 people attend the event, making it one of most popular horse races in American horse-racing society.

Where to Stay

If you’re not a horse racing aficionado but want to look like you know the ropes, here’s a dummy-proof guide to the Kentucky Derby.

In addition to the 57-foot-long bar, this lounge also boasts plenty of screens to watch the race. From feathers to ribbon and bows, anything goes.

Bridge jumper: A person who bets an unusually large sum on a single horse. F. For more than 100 years, the bourbon-based drink has been the traditional beverage of Churchill Downs, and during Derby weekend, the venue plans to serve more than 120,000 of the cocktails.

What to Drink

Churchill Downs

If you can’t get tickets to the big show, there are viewing parties all over Louisville, and most bars will be showing the big race. Here are a couple of favorites.

Ladies usually wear dresses in light colors or pastels. If you’re looking for a place to watch the Mayweather vs. The Taste of Derby brings together award-winning chefs from regional restaurants who prepare everything from seafood to barbecue.

Not only is Galt House the oldest hotel in Louisville, it also has beautiful waterfront views. All modern thoroughbreds can trace their pedigrees to three stallions originally brought to England in the 17th and 18th centuries. They are known for their athleticism and agility.

Mint juleps are made with bourbon, mint, and a kick.

Jockey: The man who rides the horse. Beyond making the obvious fashion statement, wearing a colorful hat is said to bring good luck. It’s standing room only, but general admission guests can bring in food items, chairs, and blankets. Pacquiao fight, the hotel is hosting a watch party.

Show bet: A wager on a horse to finish third of better.

Lingo you should know

Bluegrass dominance: A term acknowledging that 75 percent of Kentucky Derby winners were bred in Kentucky.

This is the one time of year when you can wear a hat like this and not end up on a worst-dressed list.

This is your chance to mingle with horse racing celebrities while sampling some of the best food in Kentucky. Every year more than 100,000 spectators from around the world show up for the race, wearing their colorful hats and sipping bourbon.

Longines Kentucky Oaks — Friday, May 1

Thoroughbred: The horses that run in the Derby. The doors open at 8 a.m., and spectators can start placing their bets at 10 a.m. General admission tickets are available for $55. It is also commonly referred to as the “Run for the Roses.” This year there are 20 contenders for the top prize.

Taste of Derby — Thursday, April 30

Where to Watch

When it comes to the Kentucky Derby, the bigger your hat, the better. The average jockey is 5?4? and weighs just 112 pounds.

It wouldn’t be the Kentucky Derby without a mint julep in your hands. Many love the party atmosphere you get from standing in the infield.

Race Day — May 2

Exacta/perfecta: A wager on two specific horses to cross the finish line in first and second place in exact order.

On your mark, get set … Instead of large male thoroughbreds, this race features 3-year-old thoroughbred fillies (young female horses). Chances are the bar will be crowded during the derby, so get there early if you want a good seat.

Galt House Hotel

Maker’s Mark Bourbon House & Lounge

Seelbach Hilton Louisville

Located in the heart of downtown Louisville, the Seelbach Hilton exudes southern charm. Grab a glass of wine, snack on some food, listen to live music and speculate about which horse will take home the trophy.

What to wear

Old Seelbach Bar

This authentically restored, early 1900s bar features an expansive bourbon collection and cocktails made from scratch.

Place bet: A wager on a horse to finish first or second.

Before the Race

The Kentucky Derby may last only two minutes, but in Louisville, it’s a monthlong celebration with more than 70 events, including parties and concerts. Spectators are also encouraged to wear pink in honor of the feminine vibe and as a way to raise awareness for breast and ovarian cancer prevention. As for the men, they tend to wear seersucker suits or brightly colored pants.

Every year, the Kentucky Derby takes place at Churchill Downs. The race is known as “The Most Exciting Two Minutes in Sports,” and as you watch the powerful thoroughbred’s speeding around the track, you’ll certainly know why. On Derby day there will surely be some colorful characters in the hotel lobby.

. Scott Fitzgerald used the location as a backdrop for Tom and Daisy Buchanan’s wedding in the Great Gatsby, and the Old Seelbach Bar has some of the best bourbon in town

How to Pick and Bet on a Kentucky Derby Winner

The last one I remember winning was Sunday Silence in 1989.

Don McNay, CLU, ChFC, MSFS, CSSC is the founder of McNay Settlement Group in Richmond, Kentucky. I can tell you what horses make the biggest mess. Just like the lottery, big odds draw a lot of excitement and attention.

Dad was superstitious and started to believe that my system was jinxing him. I go the track a few times a year and bet small amounts.

It drove him absolutely crazy. It was a stupid reason for picking a horse but produced one of my few winners.

The professors said that betting to show will produce a winner 52% of the time. I can sum up the advice in two statements.

Most of my equine knowledge was gleamed when I worked on the clean-up crew at the Kentucky Horse Park.

Dad liked the excitement of big odds and big payoffs.

Although I started going to race tracks before I was able to walk, I don’t know much about the horse industry.

Betting to show is a practice that I follow religiously.

Bet on the horse to show, not to win or place. His owner, Arthur Hancock III, had graduated from Vanderbilt and I had received a Masters Degree from Vandy the year before. I would bet $10 and win.

As the son of a professional gambler, people often ask me for betting advice.

If a horse moves from 10 to 1 to 2 to 1, it is probably a good horse to bet on.

Just like the lottery, you don’t see many people winning them.

Like in the investment world, the winner at race track is the person with a conservative style and discipline.

He is the author of Son of a Son of a Gambler: Winners, Losers and What to Do When You When The Lottery. I stick to it today. It is a driving force for web sites like Google. Betting to show fits with my overall philosophy about investing. Slow and steady works in the financial markets and works at the track too. He knew everything about the horse’s past performance, their breeding and who was riding them.

Thus the best advice may be to forget all the high powered systems and experts and give it your best guess. You can write to Don at don@donmcnay.com or read his award winning, syndicated column at www.donmcnay.com. He would bet $100 on a horse and lose. That is better than any other kind of bet.

When your sitting back

In your rose pink Cadillac

Making bets on Kentucky Derby Day

– The Rolling Stones

The idea is that the marketplace will move with the crowd towards the best outcome.

Bet on the horse that everyone else is betting on. (My mother was a sucker for horses with funny names.) I just follow the odds. He and I would go to Keeneland every session and we never picked the same horse. If dad ever met the professors, he would have punched them in the nose. I didn’t pick Sunday Silence because of my system.

I picked the horse because of an alumni connection to a man I had never met.

Although there are people more qualified to give Derby tips, like many financial commentators, I won’t let lack of expertise stop me.

I found a book called Racetrack Betting: The Professors’ Guide to Strategies by Peter Asch and Richard E.

I usually win enough money to pay for lunch.

When I go to the track, I don’t look at the racing form, jockeys, past history or pick horses with funny names.

I came to the conclusion that by living in Kentucky, I needed to know how to bet on horses. Quandi.

The professors frown on exactas, daily doubles or any bet that exhibits large risk.

It was written by two statistics professors and not the easiest book to read.

The book bases the ability to pick horses on an economic theory known as the wisdom of crowds.

The professors hate jackpots like the Pick-6.

This Blogger’s Books and Other Items from…

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The wisdom of crowds concept is really popular now.

My father, a professional gambler, absolutely HATED my betting system.

For whatever reason, my system has failed me at Kentucky Derbies.

I stuck to my system