Manila Jockey Club, Inc. 6 UNIVERSE - nalallamado sa karerang ito, maganda ang naging performance sa kanyang mga nakaraang takbo; 9 DIAMOND'S BEST - pwedeng makalaban, galing sa panalo. Bradley (Mike) Shannon’s 3-year-old colt Manila was sent off at odds of nearly 9-to-1 in the Turf despite having posted five consecutive turf stakes wins for trainer Leroy Jolley, but rallied for a hard-fought neck victory under jockey Jose Santos with Theatrical second, champion filly Estrapade third and Prix de l’Arc de Triomphe hero Dancing Brave fourth as the 1-to-2 favorite. The racetrack at Harrah's Louisiana Downs is home of the Super Derby, one of the premiere races for 3 year olds in North America. With thoroughbred racing every May through September and Quarter Horse racing from January through March, there is no shortage of live horse racing action.
A memorandum of agreement was recently signed between the Philippine Charity Sweepstakes Office (PCSO) and three Metro Manila racing clubs to help promote various activities of the government-owned agency.According to the agreement, the racing clubs will broadcast PCSO games and advertisements as a means of informing the public of various projects and services available.PCSO General Manager Alexander F. Balutan signed the agreement with the Metro Manila Turf Club Inc., Manila Jockey Club Inc., and Philippine Racing Club Inc.The signing took place at the Legend Villas in Mandaluyong City./WDJ(From left) Metro Manila Turf Club Inc. (MMTCI) chief operating officer, Atty.
March 4 Calendar
Abalos; MMTCI Racing Manger Jose Rodolfo Lopez Prado, Jr.; PCSO General Manager Alexander F. Balutan; Manila Jockey Club Inc. (MJCI) Racing Manager Jose Ramon Magboo; MJCI Assistant Racing Manager Juan Feliciano Cuevas; PCSO Chief of Staff Raymondo A.
Liwag; and Philippine Racing Club Inc. Racing Manager Antonio B. During a recent memorandum of agreement signing at the Legend Villas in Mandaluyong City.
March 4 2019
Gross sales in racing have been declining this year ever since the implementation of the tax reform law (TRAIN) at the start of the year, which doubled the documentary stamp tax (DST).Last year, gross sales of P7.37 billion yielded a net tax of P1.25 billion. This year, however, sales of the three racing clubs have dipped alarmingly—by 15.05 percent in February, 25.40 percent in March, 17.92 percent in April, and 22.71 percent in May.Sales are in decline because bettors are receiving lower dividends as a consequence of the higher DST. COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Manila Standard. Comments are views by manilastandard.net readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of manilastandard.net. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with Manila Standard editorial standards, Manila Standard may not be held liable for any false information posted by readers in this comments section.