TVG, America TAB Post Hub Handle Gains
Updated: Wednesday, April 10, 2002 8:43 AM
Posted: Wednesday, April 10, 2002 8:43 AM
The Oregon wagering hub jointly operated by the TV Games Network and NTRA Services in 2001 handled $45.4 million last year, more than double the handle for 2000.
Meanwhile, AmericaTAB, an Ohio-based account wagering service that offers equity interest to its partners, is going great guns with its Oregon hub.
According to Oregon Racing Commission figures, the hub was operated under the auspices of NTRA Services for the first two quarters of 2001, and TVG for the last two quarters of the year. The National Thoroughbred Racing Association got out of the betting-hub business last year.
For the fourth quarter of 2001, the TVG hub handled $13.82 million, its highest three-month total to date. Handle for the second quarter of 2001 was $13 million.
Meanwhile, AmericaTAB, which also operates a hub in Oregon, continues to gain in the marketplace. AmericaTab is the former Ohio TAB, which was based at Beulah Park.
For the third quarter of 2001, its first full quarter in Oregon, AmericaTAB handled $7.9 million. For the fourth quarter, America TAB handle jumped to $11.2 million. Mike Weiss, the Beulah Park general manager who oversees AmericaTAB, said handle has continued to grow each month in 2002.
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