SPECIAL MEETING OF MTBA

February 2, 2012, 6:30 PM

Home of George Brown

121 Pine Street, Rehoboth, MA

Food and Beverage will be served

DIRECTIONS: From I 95, take exit 2A toward Pawtucket, RI. At 3rd traffic light, take a left - Central Avenue.  Continue straight through 2 traffic lights, crossing into MA.  At the next traffic light (multiple lights here) take a left and immediate right - Pine Street.  Go about 3 miles to 121 Pine Street on the left.  Pine Street is very windy and starts out in Seekonk so the first 121 Pine St. you come to is not us.  You've got to cross the Rehoboth town line before our 121 Pine Street.  This is actually around the corner from the farm so if you've been to the farm, you're only about 1/4 mile from the house.

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New to Massachusetts:

1. Cielo Song by Conquistador Cielo out of Song for Annie by Sultry Song standing at Huguenot Farm. contact James Casavant 508-987-2222

2. Indian Ocean by Stormy Atlantic out of Indian Halo by Halo.  Graded stakes winner with a Beyer of 104.  Indian Ocean is the sire of 3 crops of racing age earning in excess of $2.4 million including stakes winners Indian Assault and Oceans of Honey.  Briar Hill Farm.  George Brown 508-252-3023, 508-259-7877

3. Proud Lawman by Proud Accolade out of Make No Law by Greinton.  Proud Accolade was a brilliant grade one winning sprinter and son of Yes It's True.  Black type runners are found throughout the first 4 dams.  Pine Nook Farm. contact PinenookT@aol.com

4. Rocket Legs by Dynaformer out of The Right Pew by Pulpit.  Rocket Legs is a grade II placed multiple allowance winner whose family includes graded stakes winners and stakes producing mares. Read The Bloodhorse Classified. Pine Nook Farm. contact PinenookT@aol.com

5. Wild Desert multiple graded stakes winning millionaire son of millionaire Wild Rush out of stakes winning Desert Radiance by Desert Wine. Won or placed in 9 stakes from 2004 to 2006 including 1st Queen's Plate WO. Briar Hill Farm.  George Brown 508-252-3023, 508-259-7877

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IT'S OFFICIAL

THE GOVERNOR HAS SIGNED THE GAMING BILL.

SPECIFICS IN THE GAMING BILL THAT AFFECT HORSEMEN

Numbers in parentheses at the end of each line indicate the line in the Gaming Bill referring to this point

• A Gaming license granted to an applicant who had live racing as of July 1, 2011 must maintain live racing for the duration of the license. (1351)

• A Gaming license granted to an applicant who had simulcasting as of July 1, 2011 must maintain simulcasting for the duration of the license. (1355)

• The number of racing days in year one of the license must be 105, in year two 115 and in year three and subsequently 125. (1568)

• A purse agreement must be negotiated and in effect by Dec. 31 each year to maintain a gaming license. (1582)

• A Category 1 (full casino) initial license fee shall not be less than $85,000,000 to go into the Gaming License Fund. (3411)

• A Category 2 (slots parlor) initial license fee shall not be less than $25,000,000 to go into the Gaming License Fund. (3411)

• 5% of this Gaming License Fund goes to the Race Horse Development Fund. (3411)

• A Category 1 license pays 25% tax on the daily gross gaming revenue. (2408)

• A Category 2 license pays 40% tax on the daily gross gaming revenue.(2410)

• A Category 2 license also pays 9% tax tax on the daily gross gaming revenue to the Race Horse Development Fund. (2412)

• Of the 25% tax, 2.5% goes to the Race Horse Development Fund. (2492)

• 10% of all wagering received from both in-state and out-of-state racing is allocated to the Race Horse Development Fund. (2830)

• 80% of the Race Horse Development Fund goes to the Purse Account. (2562)

• Of this 80%, 16% goes to the Thoroughbred and Standardbred Breeders Associations, split to be decided by the Racing Committee based on criteria suggested in the Gaming Bill.((2568)

• The Racing Committee (different from the Racing Commission) shall be composed of 1 member appointment by Governor and serves as chairman, 1 member appointed by the Treasurer, 1 member is appointed by the chairman of the Racing Commission, 1 member is from HBPA/MTBA and 1 member is from the Harness Horsemen's Association. (2541)

• Of the 80%, 4% will go to the Horsemen's Associations for owner/trainer health and pension benefits. (2572)

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