Youbet In, IRG Out Among Those with Breeders' Cup Agreements
Updated: Friday, October 19, 2007 5:31 PM
Posted: Thursday, October 18, 2007 4:21 PM
Breeders' Cup Ltd. has anounced agreements to carry the World Championship signals with all major account deposit wagering platforms, including Youbet.com, which has been involved in a federal investigation regarding activities of its off-shore wagering entity, International Racing Group.
More than 10,000 outlets worldwide will be available to fans betting on the Breeders’ Cup World Championships, scheduled for Oct. 26-27 at Monmouth Park, it was announced in a news release. The 2006 total handle on the Championships race card was $140,332,198.
“We are very pleased with the overall distribution of the championships,” said Kenneth E. Kirchner, simulcast consultant for Breeders’ Cup, in the release. “All of the major racetracks and account wagering service providers are on board for simulcasting and wagering. With the outstanding fields assembled, the fans can look forward to high payouts and plenty of action.”
The 2007 outlets include all major U.S. racetracks, off-track betting locations, casinos and major ADWs, including TVG, Youbet, America Tab, Express Bet, RGS and numerous other systems.
IRG, which has had funds in bank accounts seized by federal authorities
, has not been extended a contract, Kirchner said.
Wagering on the 11 Breeders’ Cup World Championships races includes substantial international distribution for the common pool include the following countries: Canada, United Kingdom, Ireland, Netherlands, France, Germany, Austria, Switzerland, Monaco, South Africa, Kenya, Panama, St. Kitts, St. Thomas, Venezuela, Uruguay, Brazil, and Peru. “The Breeders’ Cup is truly the epitome of an international racing event and we proud of the outstanding coverage and interest globally in the event,” Kirchner said.
For the first time, the Hong Kong Jockey Club will offer its racing fans the opportunity to watch and wager on a Breeders’ Cup Championship race, the $2 million NetJets Breeders’ Cup Mile on the turf. Hong Kong is only permitted to import 10 races per year and this is the first race from North America ever to be wagered upon by Hong Kong punters. “Our simulcasting into Hong Kong represents many years of effort and our new alliance with the Hong Kong Jockey Club is certain to expose the Breeders’ Cup brand to new markets in Asia,” Kirchner added.
Additional separate pool countries will include: Mexico, Australia, South Africa, France, Bermuda, Trinidad/Tobago, Jamaica, and Argentina.
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