The commissioner and the crowdfunder
September 15, 2016
By Rachel Bruner
Gov. John Hickenlooper has appointed Management Professor Lynn Hoffman commissioner of the Colorado Racing Commission. He has previously served on the Commission for eight years but was term limited. Hoffman will be confirmed by the Senate in February and will serve for four more years until another opportunity for reappointment.
“It is nice to know that the three entities involved – the Horsemen's Association, Arapaho Park and the Department of Racing – felt that I served well last time,” Hoffman said.
The Commission regulates and supervises pari-mutuel wagering for horses and dogs, including enforcement of rules, supervision of race meets and racing officials, and collection of revenues to the State. The Commission membership requires two members that have been previously engaged in the racing industry for at least five years, which Hoffman meets this requirement. The membership must also be made up of one member who is a practicing veterinarian and is currently licensed in Colorado and has been so licensed for not less than five years; one member who has been engaged in business in a management-level capacity for at least five years; and one member who is a registered elector of the state who is not employed in any profession or industry as otherwise described above.
Associate Professor of Management Nina Radojevich-Kelley’s paper titled "Nonprofit Crowdfunding: What Makes a Campaign Succeed?" was accepted for presentation at the 2016 Applied Business and Entrepreneurship Association International Conference. ABEAI aims to provide a friendly and scholarly forum for the exchange of research papers and ideas among faculty members and practitioners in business and entrepreneurship. The conference will be held in Las Vegas in November.
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