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Friday, February 04, 2005

Devil's Bag Deceased

Devil's Bag, champion two-year-old colt of 1983 and sire of 43 career stakes winners, was euthanized on Thursday morning after suffering an injury in his stall at Claiborne Farm in Paris, Kentucky. [Thoroughbred Times] 8 wins in 9 starts, including a 5 for 5 juvenile campaign in which he won the Cowdin, Champagne, and Laurel Futurity, earning him the Eclipse for top 2 year old and nearly Horse of the Year. His grandson Roses In May (Devil His Due) is expected to be the favorite in tomorrow's Grade 1 Donn Handicap.

- Rockport Harbor continues his recovery from an injury suffered in the Remsen in November with a 5 furlong work in 1:02:24. [Trainer John] Servis said there is a 40 percent chance that Rockport Harbor will start in the $100,000 Southwest Stakes at Oaklawn on Feb. 19. [Daily Racing Form]

- Business booming for Penn National Gaming: Casino and racetrack operator Penn National Gaming Inc. on Thursday reported an 84 percent jump in fourth-quarter revenue as business improved at its casinos across the eastern United States. [AP/Yahoo] One year ago, with legislation legalizing slots in Pennsylvania moving towards passage, Penn National stock was in the mid-20s. Now it's around 67 and is splitting 2-1. I feel like I do regularly when I miss an obvious play at the races. With slots legislation in varying degrees of progress around the country, it may be worth looking for other opportunities. Since I don't want to get in trouble with the SEC, and because I'm probably even worse at picking stocks than horses, I won't go into further detail. (Except to point out that Magna stands to gain from possible VLTs in Florida, where it owns Gulfstream, and Maryland, where it owns most everything [and where slots seem less likely in the immediate future than in the Sunshine State]).