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    Beau Greely Dies at 49

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  • Posts

    • Rep. Dina Titus, a Democratic Congresswoman from the gambling mecca of Nevada, has introduced what is being called the FAIR BET Act, which would restore a gambler's right to deduct 100 percent of his or her losses from gambling winnings. Titus is the co-chair of the Congressional Gaming Caucus. The latest version of the Trump bill stunned gamblers, racetracks, casinos and sports bettors when it became clear that a player could only deduct 90% of their losses from the winnings. Under the scenario, a gambler that won $1 million and lost the same amount during a calendar year would be stuck with a tax bill on the leftover $100,000. Titus is seeking to allow gamblers to once again write off all their losses. The bill is titled the Fair Accounting for Income Realized from Betting Earnings Taxation (FAIR BET) Act. “The recently passed budget bill included a provision inserted by Senate Republicans without consent of the House that imposed a tax increase on Americans who gamble by reducing from 100 percent to 90 percent the amount of losses they can deduct from gambling winnings for their income taxes,” Titus said in a statement. “My FAIR BET Act would rightfully restore the full deduction for losses so gamblers don't pay taxes on money they haven't won.” The FAIR BET Act is being co-sponsored by California Democratic Rep. Ro Khanna. “The Republican budget would kneecap sports and gambling by making Americans pay taxes on gambling losses, Khanna told Newsweek. “This is deeply unfair. I'm proud to introduce the FAIR BET Act with Rep. Titus to restore the 100% tax deduction for gaming losses.” The American Gaming Association, the industry's top lobbying group, expressed support for the legislation. “The American Gaming Association applauds Congresswoman Titus for introducing the FAIR BET Act. We are committed to working with Congresswoman Titus, other congressional leaders, and the Trump Administration to restore the long-standing tax treatment of gaming losses,” the AGA said in a statement. Representative Troy Nehls, a Texas Republican, told Newsweek why he is cosponsoring a bill to repeal a measure included in President Donald Trump's One Big Beautiful Bill Act (OBBBA). “While I proudly voted for the One Big Beautiful Bill Act, which prevents the largest tax hike in American history, the Senate's version contained a provision that I strongly disagree with,” Nehls told Newsweek in a statement. Nehls is the first Republican to cosponsor the FAIR BET Act. The post Lawmakers Introduce Bill To Help Gamblers Affected By Trump’s “Big Beautiful Bill” appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article
    • Make Haste hopes she lives up to her name in the $175,000 Coronation Cup Stakes (G3T) July 11 at Saratoga Race Course. The 5 1/2-furlong sprint is the third start for the Blue Point 3-year-old since moving under the tutelage of Miguel Clement. View the full article
    • Aron Wellman, who heads the Eclipse Thoroughbred Partners syndicate which is a co-owner of GI Preakness Stakes winner Journalism (Curlin), said his colt will run next in the July 19 GI Haskell Stakes at Monmouth Park. “If all goes well this coming weekend and he works to (trainer) Michael McCarthy's satisfaction and comes out of his work with good energy, the Haskell is Option A,” Wellman said. “What are options B and C? I haven't thought beyond that. The Haskell is our target. If we find any reason for him not to go there we will have to regroup and reconsider our options. Our intention is to run in the Haskell.” Journalism is one of 18 horses nominated to the Haskell. The list does not include Sovereignty (Into Mischief), who is being pointed for the July 26 GII Jim Dandy Stakes at Saratoga. Sovereignty has beaten Journalism the two times they have meet, winning the GI Kentucky Derby and the GI Belmont Stakes over his rival. Sovereignty skipped the Preakness and Journalism proved best in his absence. But Wellman said that in no way is he ducking Sovereignty.   “Where Sovereignty is running has absolutely no impact on our decision at all,” Wellman said. “We've never shied away from him to begin with. Obviously, the scoreboard is 2-0 and all the credit goes to him. It would have no impact on our assessment so far as to what the appropriate race to send our horse to is. We are at a disadvantage in the summertime because there are no 3-year-old races in California. Our two options are the Haskell or the Jim Dandy. One is a Grade I worth $1 million ad the other is not a Grade I and not worth $1 million. That has more to do with it rather than our analyzing what race Sovereignty is going in.” The Jim Dandy is a $500,000 Grade II race. After the Jim Dandy and the Haskell, it's conceivable that the two could have a rematch in the GI Travers Stakes. “People ask about the Travers and a possible rematch with Sovereignty,” Wellman said. “We're just taking it one step at a time. This horse has had such an incredible campaign already that we just want to make sure that we are focused on one race at a time We're not looking past this next objective.” The post Journalism Targets Haskell appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article
    • Wednesday, Fairyhouse, post time: 18:00, DARLEY IRISH EBF STANERRA STAKES-G3, €42,000, 3yo/up, f/m, 14fT Field: Comic Book (GB) (Frankel {GB}), Drawn To Dream (Ire) (Iquitos {Ger}), Enfranchise (Ire) (Invincible Spirit {Ire}), Goodie Two Shoes (Ire) (Fastnet Rock {Aus}), Lemsairbat (Fr) (Bated Breath {GB}), Royal Entry (Ire) (Fracas {Ire}), Santorini Star (Ire) (Golden Horn {GB}), Island Hopping (Ire) (Wootton Bassett {GB}), Umala (Ire) (Saxon Warrior {Jpn}). TDN Verdict: A race that Ballydoyle have supplied the winner of in five of the last 10 runnings, but Island Hopping is not one of the stable stars and is up against it taking on some smart older fillies and mares. Goodie Two Shoes comes into this on the back of clear-cut wins in the Listed Vintage Tipple Stakes and Listed His Majesty's Plate and is the obvious call, but it is interesting that William Haggas sends across Santorini Star who is up in trip after some decent efforts at a mile and a half. [Tom Frary]. Thursday, Newmarket, post time: 15:35, THE PRINCESS OF WALES'S STAKES-G2, £125,000, 3yo/up, 12fT Field: Arabian Crown (Fr) (Dubawi {Ire}), El Cordobes (Ire) (Frankel {GB}), Ghostwriter (Ire) (Invincible Spirit {Ire}), Palladium (Ger) (Gleneagles {Ire}), Wimbledon Hawkeye (GB) (Kameko). TDN Verdict: This should be easy pickings for Ghostwriter after his third in the G2 Hardwicke Stakes, where he showed that the trip held no fears. William Buick has chosen El Cordobes of the Appleby pair which is probably a hint worth taking, especially as the stable do so well on their home terrain at this meeting. [Tom Frary]. Thursday, Newmarket, post time: 14:25, THE KINGDOM OF BAHRAIN JULY STAKES-G2, £100,000, 2yo, 6fT Field: Brussels (GB) (Wootton Bassett {GB}), Comical Point (Ire) (Blue Point {Ire}), Do Or Do Not (Ire) (Space Blues {Ire}), Jel Pepper (Ire) (Inns Of Court {Ire}), Maximized (GB) (Mehmas {Ire}), Zavateri (Ire) (Without Parole {GB}). TDN Verdict: Godolphin's unbeaten Woodcote winner Maximised is taken on by Ballydoyle's TDN Rising Star Brussels in a fascinating encounter. They probably have it between them, but the surprise Coventry runner-up Do Or Do Not has the best form having got closest to Gstaad at Royal Ascot. [Tom Frary]. Click here for the complete fields. The post Black-Type Analysis: Island Hopping Faces Stiff Test In Stanerra appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article
    • Eclipse Award-winning jockey Axel Concepcion, who was named top apprentice in 2023, will return to the Mid Atlantic and make his first appearance at Colonial Downs this summer as the 20-year-old has joined the local riding colony for the 2025 summer session. “It feels great to be here,” Concepcion said. “I want to take advantage of these opportunities that the trainers are giving me. My goal is to win as many races as I can and to try to win a title.” No stranger to the Mid Atlantic circuit, Concepcion won the Laurel Park riding title as an apprentice and those connections. Along with his familiarity with the Maryland jockey colony, put him in a good position to have success at Colonial. “I know a lot of these riders from my first years based in the Mid-Atlantic,” Concepcion said. “I rode not just at Laurel but also Charles Town, Delaware Park, and Monmouth. There are so many good riders here. I am very blessed to be able to compete with them. You need to know all the riders who you are in the race with, you need to know all the horses, and how all that comes together to win a race.” “We hope to ride for [Vicki] Oliver, as well as Mike Tomilson, Keith Desormeaux, and others,” said Concepcion's agent Liz Morris. “We'll also be looking to rekindle some of Axel's East Coast connections from when he was leading apprentice, as well as continue success with other Kentucky trainers who will be shipping in.” The post Eclipse-Winning Apprentice Jockey Concepcion Joins Colonial Downs Colony appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article
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