HORSEPLOP.COM
General Category => Harness Racing => Topic started by: Grandstand Handicapper on September 15, 2026, 08:14:31 AM
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I think Mike Repole, who is a tell it like it is, or at least tell it like he sees it kind of guy, has called for transparency. But, even more than transparency, is what he discovered more than deceptive sales practices? Is it fraud? I don't know. Keeneland reports $900k on their sales results, to the public, etc. Inflates their sales figures, their averages, and so on. Consignor does the same thing. But Keeneland cuts a check and charges the consignor based upon the legit $500k. The seller gets a check based upon the legit $500k. I am sure somewhere, some 1099 lists $500k, and no way is anyone paying tax on $900k. So what happened? Was this a legit mistake or something, or did someone get caught doing something?
https://x.com/RepoleStable/status/2098844107863208094
And Keeneland responds.....
https://paulickreport.com/news/the-biz/keeneland-responds-to-repole-questions-over-2025-yearling-transaction
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So who in our industry is big enough to call for this? Maybe the more important question is.....who in our industry is big enough and not in on it, to call for this?
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So who in our industry is big enough to call for this? Maybe the more important question is.....who in our industry is big enough and not in on it, to call for this?
11.wj you ngc3
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11.wj you ngc3
The biggest gas bag on this board.