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Retama Park
Retama Park is a class 1 pari-mutuel horse racetrack located in Selma, Texas, United States, that opened in 1995. Live quarter horse races meet June to August and live thoroughbred races meet September to November. Simulcast racing is shown year round. The track is owned by the Retama Development Corporation (a quasi-governmental entity formed by the City of Selma) and managed by Penn Entertainment. History The Retama Development Corporation was formed in the early 1990s to issue bonds to finance the track's construction and to act on behalf of Selma to oversee the racetrack's construction and operations. Retama Park held it first race on April 7, 1995, 1 and 1/2 years behind schedule. Financial problems Retama Park has never turned a profit. The RDC filed for Chapter 9 bankruptcy protection in March 1996. Call Now, Inc., a publicly-traded long-distance phone company bought over 90% of the bonds issued for construction of the track and allowed the track to emerge from bankruptcy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Selma, Texas
Selma is a city in Bexar, Comal, and Guadalupe Counties in the U.S. state of Texas. It is part of the San Antonio metropolitan statistical area. Its population was 10,952 at the 2020 census, up from 5,540 at the 2010 census. Selma was settled by German and Polish immigrants in the mid 1800s. The Retama Park horse-racing track is located in Selma. History Selma was settled in 1847 by immigrants from several European countries. The name Selma is a traditional German girl's name. In 1849, the Harrison and Brown stagecoach stop was built in Selma to handle passengers and freight on the San Antonio to Austin stagecoach line. John Harrison and his wife Martha moved to Selma in 1852, and he became the first postmaster of the town when the post office opened in 1856. Harrison was also co-owner of the Harrison and McCulloch stage line, which ran a postal route through Selma. Harrison's house still stands by Cibolo Creek, where it was built and is listed on the National Register of Histor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simulcast
Simulcast (a portmanteau of simultaneous broadcast) is the broadcasting of programmes/programs or events across more than one resolution, bitrate or medium, or more than one service on the same medium, at exactly the same time (that is, simultaneously). For example, Absolute Radio is simulcast on both AM and on satellite radio. Likewise, the BBC's Prom concerts were formerly simulcast on both BBC Radio 3 and BBC Television. Another application is the transmission of the original-language soundtrack of movies or TV series over local or Internet radio, with the television broadcast having been dubbed into a local language. Early radio simulcasts Before launching stereo radio, experiments were conducted by transmitting left and right channels on different radio channels. The earliest record found was a broadcast by the BBC in 1926 of a Halle Orchestra concert from Manchester, using the wavelengths of the regional stations and Daventry. In its earliest days the BBC often transmit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Horse Racing Venues In Texas
The horse (''Equus ferus caballus'') is a domesticated, one-toed, hoofed mammal. It belongs to the taxonomic family Equidae and is one of two extant subspecies of ''Equus ferus''. The horse has evolved over the past 45 to 55 million years from a small multi-toed creature, ''Eohippus'', into the large, single-toed animal of today. Humans began domesticating horses around 4000 BCE, and their domestication is believed to have been widespread by 3000 BCE. Horses in the subspecies ''caballus'' are domesticated, although some domesticated populations live in the wild as feral horses. These feral populations are not true wild horses, as this term is used to describe horses that have never been domesticated. There is an extensive, specialized vocabulary used to describe equine-related concepts, covering everything from anatomy to life stages, size, colors, markings, breeds, locomotion, and behavior. Horses are adapted to run, allowing them to quickly escape predators, and po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penn National Gaming
Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and casino gaming. It operates 43 properties in 20 states, online sports betting in 14 jurisdictions and iCasino in five under the brands Hollywood Casino, L’Auberge, Barstool Sportsbook, and theScore Bet. The company also owns a 36% stake in Barstool Sports. In 2013, Penn completed the corporate spin-off of Gaming and Leisure Properties, a real estate investment trust. History Background and early history (1968–1994) Beginning: Pitt Park Raceway, Inc. and the Pennsylvania National Turf Club In 1967, Pennsylvania enacted a law allowing thoroughbred horse racing with parimutuel wagering. Two companies that later formed part of Penn National Gaming were founded in 1968 by groups seeking one of the four available racing licenses: Pitt Park Raceway, Inc., formed by several Erie area businessmen, and the Pennsylvania Nationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pinnacle Entertainment
Pinnacle Entertainment, Inc. was an American gambling and hospitality company. It was acquired by Penn National Gaming in 2018. At the time of acquisition, it operated sixteen casino properties, located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, Pennsylvania, and Ohio, and a horse track in Texas. History Pinnacle Entertainment traced its roots to June 10, 1938, when movie mogul Jack L. Warner opened the Hollywood Park Turf Club racetrack in Inglewood, California. The original shareholders included Hollywood figures such as Walt Disney, Mervyn LeRoy and Bing Crosby. The company was incorporated and renamed in 1981 as Hollywood Park Realty Enterprises. It was renamed as Hollywood Park, Inc. in 1992. After many years in the horse racing business, the company began a transformation into a casino operator. In 1997, the company acquired Boomtown, Inc. and its three casinos in Nevada, Louisiana and Mississippi for $188 million. In 1998, it acquired Casino ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbearance
Forbearance, in the context of a mortgage process, is a special agreement between the lender and the borrower to delay a foreclosure. The literal meaning of forbearance is "holding back". This is also referred to as mortgage moratorium. Application and use When mortgage borrowers are unable to meet their repayment terms, lenders may opt to foreclose. To avoid foreclosure, the lender and the borrower can make an agreement called "forbearance." According to this agreement, the lender delays its right to exercise foreclosure if the borrower can catch up to its payment schedule by a certain time. This period and the payment plan depend on the details of the agreement that is accepted by both parties. COVID-19 pandemic Historically, forbearance has been granted for customers in temporary or short-term financial difficulty. If the borrower has more serious problems, e. g. the return to full mortgage payments in the long term does not appear sustainable, then forbearance is usually ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 9 Bankruptcy
Chapter 9, Title 11, United States Code is a chapter of the United States Bankruptcy Code, available exclusively to municipalities and assisting them in the restructuring of their debt. On July 18, 2013, Detroit, Michigan became the largest city in the history of the United States to file for Chapter 9 bankruptcy protection. Jefferson County, Alabama, in 2011, and Orange County, California, in 1994, are also notable examples. The term 'municipality' denotes "a political subdivision or public agency or instrumentality of a State," but does not include a state itself. States are therefore unable to file for bankruptcy, even though they have defaulted in their obligations. History The first municipal bankruptcy legislation was enacted in 1934 during the Great Depression. Although Congress attempted to draft the legislation so as not to interfere with the sovereign powers of the states guaranteed by the Tenth Amendment to the Constitution, the Supreme Court held the 1934 Act un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bond (finance)
In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank behind s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thoroughbred
The Thoroughbred is a horse breed best known for its use in horse racing. Although the word ''thoroughbred'' is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thoroughbred breed. Thoroughbreds are considered " hot-blooded" horses that are known for their agility, speed, and spirit. The Thoroughbred, as it is known today, was developed in 17th- and 18th-century England, when native mares were crossbred with imported Oriental stallions of Arabian, Barb, and Turkoman breeding. All modern Thoroughbreds can trace their pedigrees to three stallions originally imported into England in the 17th and 18th centuries, and to a larger number of foundation mares of mostly English breeding. During the 18th and 19th centuries, the Thoroughbred breed spread throughout the world; they were imported into North America starting in 1730 and into Australia, Europe, Japan and South America during the 19th century. Millions of Thoroughbreds exist today, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penn Entertainment
Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and casino gaming. It operates 43 properties in 20 states, online sports betting in 14 jurisdictions and iCasino in five under the brands Hollywood Casino, L’Auberge, Barstool Sportsbook, and theScore Bet. The company also owns a 36% stake in Barstool Sports. In 2013, Penn completed the corporate spin-off of Gaming and Leisure Properties, a real estate investment trust. History Background and early history (1968–1994) Beginning: Pitt Park Raceway, Inc. and the Pennsylvania National Turf Club In 1967, Pennsylvania enacted a law allowing thoroughbred horse racing with parimutuel wagering. Two companies that later formed part of Penn National Gaming were founded in 1968 by groups seeking one of the four available racing licenses: Pitt Park Raceway, Inc., formed by several Erie area businessmen, and the Pennsylvania Nation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quarter Horse
The American Quarter Horse, or Quarter Horse, is an American breed of horse that excels at sprinting short distances. Its name is derived from its ability to outrun other horse breeds in races of a quarter mile or less; some have been clocked at speeds up to 44 mph (70.8 km/h). The development of the Quarter Horse traces to the 1600s. The American Quarter Horse is the most popular breed in the United States today, and the American Quarter Horse Association is the largest breed registry in the world, with almost three million living American Quarter Horses registered in 2014. The American Quarter Horse is well known both as a race horse and for its performance in rodeos, horse shows, and as a working ranch horse. The compact body of the American Quarter Horse is well suited for the intricate and quick maneuvers required in reining, cutting, working cow horse, barrel racing, calf roping, and other western riding events, especially those involving live cattle. The Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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