Don’t shed too many tears for Funny Cide. True, another potential Triple Crown champ came away tasted mud at the Belmont Stakes, but this is a gelding and that means more races.
CBS Marketwatch reporter Andrea Coombes points out that Funny Cide could enter two $4 million races ”” The Breeders’ Cup Classic at Santa Anita in October, and the Dubai World Cup in the United Arab Emirates next March when the horse becomes a 4-year-old.
"Even with his loss in the Belmont, Funny Cide could go on to become the richest horse in racing if he’s able to remain healthy. There’s a lot of money to be won," said Ray Paulick, editor in chief of The Bloodhorse.
Not so compact
After three years, California gambling tribes and the governor are reviewing their agreement that allows tribal casinos.
The Desert Sun, in Palm Springs, says that the review is driven by the state’s need to help fill its massive budget hole and the desire of some tribes to offer more slot machines in their casinos.
Compacts are the state-tribal agreements that allow for casinos to operate. California is facing a potential budget deficit of $38 billion.
llinois lightning ”˜Rod’
It’s no secret that Illinois Gov. Rod Blagojevich is not a friend of gambling. Still, the requests pour in.
The Daily Herald, in the Chicago suburb of Arlington Heights, reports that the governor stopped just short of completely rejecting tribal casinos like the $120 million Ho-Chunk Nation project in Hoffman Estates.
Blagojevich joins a list of Illinois governors (Jim Edgar, George Ryan), who blocked proposed casinos in the state.
Mohawks face bumps
Nothing comes easy for the Mohawks in upstate New York.
Last month, Gov. George Pataki signed a tentative $100 million deal with tribe. But, in an Associated Press report late last week, the Mohawks said the real referendum will come down to tribal elections when the chiefs who signed the deal are up for re-election.