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Del Mar Adjusts Figures Due to Report Error

Due to a reporting error on in-state advanced deposit wagering bets during the final two weeks of the Del Mar meeting, the track has adjusted slightly downward its final figures on handle for its just-concluded meeting.

Kentucky Lawmakers Eye Tax on ADW Bets

Kentucky Lawmakers Eye Tax on ADW Bets

The Kentucky General Assembly probably will consider legislation in 2012 that taxes bets made by Kentucky residents through advance deposit wagering systems to bolster the Kentucky Thoroughbred Development Fund.

Market Competitor Doesn't Sit Well With CDI

Churchill Downs Inc. and Daily Racing Form are at odds over the publishing company's launch of an advance deposit wagering system powered by XpressBet.com, which is owned by CDI rival MI Developments.

Kentucky Tables Action on ADW Regulation

Kentucky Tables Action on ADW Regulation

Advanced Deposit Wagering regulations that would be among the stiffest in the country were tabled during the Kentucky Horse Racing Commission's meeting Dec. 13 after objections were raised by the president of Churchill Downs.

Youbet.com Reports Small First-Quarter Loss

Youbet.com reported a small loss for the first three months of 2010, noting there would have been a similar gain if not for $1 million in expenses tied to its impending merger with Churchill Downs Inc.

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