Illinois Racing Board

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SUMMARY OF BOARD MEETING
ILLINOIS RACING BOARD
January 31, 2011
Chicago, Illinois

1. The Board approved Gregory Smith, Director of Security at Balmoral Park.
   
   
2. The Board approved Randy Olech, the Chief Financial Officer for World Wide Wagering, parent company of Maywood Park and Balmoral Park.
   
   
3. The Board approved Randy Olech, the Chief Financial Officer for World Wide Wagering, parent company of Maywood Park and Balmoral Park.
   
   
4. The Board approved Arlington Park’s $5.8 million stakes schedule for 2012.
   
   
5. The Board approved the initiation of rulemaking to amend IRB Rule 206, Board Meetings, by establishing deadlines for speaking and the submission of documents.
   
   
6. The Board certified the following recapture amounts authorized under Section 26(g)(13) of the Horse Racing Act: Arlington Park - $4,819,175; Balmoral Park - $1,988,097; Fairmount Park Thoroughbred - $1,700,238; Fairmount Park Colt Fund - $51,541; Hawthorne Race Course - $2,425,971; and Maywood Park - $2,737,980. Total 2012 recapture - $13,723,002.
   
   

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