TVG Gains Exclusive Rights to New Jersey Tracks
Updated: Monday, December 11, 2006 7:54 AM
Posted: Friday, December 8, 2006 8:05 PM
TVG has won exclusive television distribution and account wagering rights from the New Jersey Sports and Exposition Authority for its racetracks, the network announced Dec. 8.
The agreement becomes effective Jan. 1, 2007, although TVG General Manager David Nathanson said in a statement that the network will begin televising and accepting account wagers on harness races from the Meadowlands Dec. 9.
TVG was awarded the rights after being selected the winner in competitive bidding. The network receives exclusive rights outside of New Jersey for racing at the Meadowlands and Monmouth Park racetracks.
The addition to TVG's portfolio of track partners increases the number of U.S. tracks with which the network has exclusive domestic television and account wagering rights to 26.
Agreements with venues in the U.K., Ireland, and Japan recently added an additional 55 international tracks.
This is the first time that the network will provide coverage of events at the Meadowlands and Monmouth Park. The successful bid comes before Monmouth Park's hosting of the $20 million Breeders' Cup World Championships in 2007.
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