New ADW Legislation Helps Boost Minnesota Breeders' Fund to Record Levels
The state Racing Commission has authorized the payment of more than $590,000 in awards to Minnesota Quarter Horse and Thoroughbred breeders.
December 4, 2017
The Minnesota Racing Commission has authorized the payment of more than $590,000 in breeder awards to Thoroughbred and Quarter Horse breeders.
The state-record payout was due, in part, to Advance Deposit Wagering (ADW) legislation passed last year. Since the legislative initiative to license ADW providers, a portion of the revenues generated from Minnesota residents wagering on horse racing is being returned to Minnesota's horse racing industry, providing increased funding for purses, breeders' awards, and expanded regulatory oversight.
Minnesota Thoroughbred breeders will benefit from a 37-percent increase in awards in 2017 versus 2016. A total of 130 Thoroughbred breeders/breeder groups will receive $442,505 in breeder awards and $83,660 in stallion awards. A total of 249 Minnesota-bred racehorses earned qualifying purses at the 2017 Canterbury Park meet, and 229 individual mares earned awards for their owners.
Minnesota Derby winner Hot Shot Kid was the top earning Minnesota-bred Thoroughbred this year, as he banked $204,600 for his owner and breeder Warren Bush. Hot Shot Kid's dam, Our Sweet Mary B, earned Bush another $12,283 in breeders' awards through the Minnesota Breeders Fund program.
Minnesota Quarter Horse breeders will benefit from a 153% increase in awards in 2017 versus 2016. The Quarter Horse breeders will receive $59,320 in breeder awards and $5,875 in stallion awards. A total of 42 Minnesota-bred Quarter Horses earned qualifying purses at the 2017 Canterbury Park meet for their breeders, and 35 individual mares earned awards for their owners.
Lunderborg LLC's mare Paint Or More received $13,034 in Minnesota Breeders' Fund payments, due to the efforts of her offspring Pyc Jess Bite Mydust and Dickey Bob.
"Participating in the Minnesota Breeders Fund has never offered more opportunities to race, breed and foal in Minnesota,” said Minnesota Racing Commission deputy director Joe Scurto. “Thoroughbred Breeders were awarded 10.6 percent of eligible purses won by Minnesota bred racehorses and Quarter Horse Breeders received 14.7 percent. Minnesota Thoroughbreds earned over $5 million at Canterbury alone in 2017 and all trends are pointing north for the program going forward.”
For more information on how to be a part of the Minnesota Breeders' Fund contact Nicole Edstrom at Nicole.M.Edstrom@state.mn.us or (952) 496-7950.
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