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TOC to End Exclusive ADW Pacts

The elimination of exclusive account deposit wagering contracts and meeting the challenges of racetrack closures were among the subjects addressed at the Thoroughbred Owners of California's annual membership meeting Aug. 16 at Del Mar.

CDI Pleased with Quarterly Results

CDI Pleased with Quarterly Results

Churchill Downs Inc. said Aug. 6 it was pleased with its second quarter results despite various challenges that left the company with flat earnings in year-over-year comparison, claiming a high-profile dispute with horsemen had "little impact" on certain aspects of its financial performance.

KHBPA Files Counterclaim in CDI Lawsuit

The Kentucky Horsemen's Benevolent and Protective Association has formally filed a counterclaim in the federal antitrust lawsuit brought by Churchill Downs Inc. and affiliates, and has joined with other defendants asking for their dismissal from the case.

Wagering Plummets Since Triple Crown

Wagering Plummets Since Triple Crown

Wagering has dropped 11% on North American Thoroughbred racing since the end of the Triple Crown series -- at least by one indicator -- a disturbing trend that can likely be attributed to a variety of factors.

Topics: THG and Future of Racing on TV

Topics: THG and Future of Racing on TV

The Thoroughbred Horsemen's Group, which advocates a new economic model for pari-mutuel wagering and has been engaged in high-profile battles in the racing industry, isn't going away anytime soon, its president said July 18.

THG to Racetracks: Let's Meet on ADW

The Thoroughbred Horsemen's Group is calling for a meeting with the Thoroughbred Racing Associations to discuss advance deposit wagering revenue given ongoing conflict between horsemen, racetracks, and ADW providers over equitable revenue splits.

ADWs will Argue for Oregon Licenses

Two advance deposit wagering companies operating through the hub system in Oregon recently had their annual license renewals tabled by the state's racing commission, but will be able to rectify the situation at an upcoming July 17 meeting.

Evans: CDI Committed to End ADW Dispute

Evans: CDI Committed to End ADW Dispute

A leading executive of Churchill Downs Inc. told a gathering of shareholders June 19 that he didn't know when a nasty revenue-sharing dispute with horsemen would be resolved, but promised the company would do its part in reaching a satisfactory conclusion for all.

Horsemen's Request on Purses Denied

A federal judge in Louisville on June 16 denied the Kentucky Horsemen's Benevolent and Protective Association's request for a preliminary injunction to require Churchill Downs Inc. to consult with it before cutting purses at Churchill Downs.

THG to Negotiate for California Horsemen

The Thoroughbred Owners of California board of directors has unanimously endorsed the negotiating model created by the Thoroughbred Horsemen's Group, and has authorized the THG to represent the TOC in future simulcast negotiations, including in advance deposit wagering negotiations.

State Lawmakers Urged to Take ADW Action

As the popularity of advance deposit wagering increases, states need to take action to protect their horseracing industry, the president of the Thoroughbred Owners of California told a group of legislators meeting June 13 in Northern California.

Calder Impasse: Let's Meet Tomorrow

Following a June 9 meeting, officials of the Florida Horsemen's Benevolent and Protective Association and Churchill Downs Inc. plan to meet again June 10 in an effort to resolve a costly contracts dispute at CDI-owned Calder Race Course.

Horsemen: CDI Owes Wagering Fees, Purses

Horsemen: CDI Owes Wagering Fees, Purses

In a flurry of responses filed recently in federal court, Kentucky horsemen claim Churchill Downs Inc. owes purse funds upwards to $3 million in unpaid fees from wagering revenues, and have asked a judge to force the racetrack company to pay out funds lost from a 20% purse cut.

CDI Includes Kentucky Horsemen in Suit

CDI Includes Kentucky Horsemen in Suit

Churchill Downs Inc. has amended its lawsuit against Florida horsemen and the Thoroughbred Horsemen's Group to include certain Kentucky horsemen associations and officers, an action in which all defendants are charged with violating federal antitrust laws.

Horsemen Urged to Stay the Course

Horsemen Urged to Stay the Course

Players involved in the fractious negotiations with Churchill Downs over revenue sharing on the evening of May 13 exhorted a gathering of more than 150 horsemen to stay the course in the standoff and support their efforts.

MEC, THG Talking But No Deal in Sight

MEC, THG Talking But No Deal in Sight

Officials with Magna Entertainment Corp. and the Thoroughbred Horsemen's Group have met twice recently to discuss the ongoing conflict over revenue splits for advance deposit wagering, though the sides aren't close to striking a deal.

KTA Upset with Churchill Dealings

KTA Upset with Churchill Dealings

The head of a Kentucky horsemen's association said his group withheld approval for the Churchill Downs signal to go out to a pair of offshore rebate shops for the undercards of the Kentucky Derby Presented by Yum! Brands (gr. I) and Kentucky Oaks (gr. I), and is aggravated that the track is blaming horsemen for a decline in handle on the two programs.

Evans: Internet and ADW Key to Growth

Evans: Internet and ADW Key to Growth

Churchill Downs Inc. has invested $100 million in advance deposit wagering for a reason: The company believes it's the major growth channel for pari-mutuel wagering, as well as a means to drive traffic to the racetrack, CDI president and chief executive officer Bob Evans said.

CDI Files Suit Against THG, FHBPA

 CDI Files Suit Against THG, FHBPA

Churchill Downs Inc. filed a lawsuit April 24 asking a federal court to dissolve the Thoroughbred Horsemen's Group. In a suit filed in U.S. District Court for the Western District of Kentucky, CDI, CDI-owned Calder Race Course, and Churchill Downs Technology Initiatives Co. also are seeking an injunction to prevent the THG and the Florida Horsemen's Benevolent and Protective Association from "agreeing on uniform terms for the sale of signals, boycotting racetracks and ADW operators that do not comply with their demands."

Calder: Purse Cuts Are FHBPA's Fault

Calder: Purse Cuts Are FHBPA's Fault

Calder Race Course announced April 21 due to the Florida Horsemen's Benevolent and Protective Association's refusal to approve the distribution of Calder races to out-of-state wagering outlets, including advance deposit wagering companies, the racetrack has been forced to cut purses by 30%, effective April 27. The purse reductions will affect a variety of race conditions, including stakes races.

Progress Noted in Calder Contract Talks

Progress Noted in Calder Contract Talks

The Florida Horsemen's Benevolent and Protective Association said April 16 though advance deposit wagering remains a major issue, it believes there has been progress in other areas of contract talks for the Calder Race Course meet that begins April 21.

Youbet Shut Out From Gulfstream

Youbet Shut Out From Gulfstream

A contentious standoff over Gulfstream Park's racing signal has brought a chilling end to any warm fuzzies felt from the recent broad distribution deals emerging out of California, New Jersey, and New York.

Twinspires.com: Mobile Wagering

Phantom Fiber Corp. and Churchill Downs Inc.'s advance deposit wagering entity, Twinspires.com, are teaming up to bring a wagering platform to mobile phones and personal digital assistants, or PDAs.

Role of TV in ADW to Be Examined

The impact of television on account wagering will be watched closely during an experiment in California that began Nov. 7 with the opening of Golden Gate Fields and Hollywood Park.

California Approves License for TwinSpires.com

As California continues to wrestle with improving advance deposit wagering, the state welcomed a new provider. TwinSpires.com was awarded an ADW license Oct. 18, making it the fourth company to offer home computer betting on horse racing in the state.

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