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A New York regulatory panel has approved a new 10-year tote contract between the New York Racing Association and AmTote International. NYRA had been aligned with Churchill Downs Inc.'s United Tote.
Monday, April 22, 2013New York state, in the first full day controlling the New York Racing Association, said it will review a tentative deal track officials previously made to replace United Tote as NYRA's totalizator contractor.
Friday, October 19, 2012
Paul Szeflinski has been named director of gaming technical maintenance at Oaklawn Park, succeeding Bruce Jones, who was recently promoted to assistant director of gaming.
Tuesday, October 16, 2012The Stronach Group has officially acquired the racing and gaming assets of MI Developments, a company once headed by Frank Stronach.
Thursday, June 30, 2011
The Reuters News Service is reporting that owner-breeder Frank Stronach is working out a deal in which he would relinquish control of his real estate company in exchange for some of its racetrack assets.
Tuesday, December 21, 2010
Prominent Thoroughbred breeder-owner Frank Stronach has taken over as chief executive officer of MI Developments, the racetrack operating company of which he is already chairman.
Friday, November 12, 2010
An entity controlled by the family of Frank Stronach has offered to purchase any or all of the outstanding stock it doesn't already own in racetrack operating company MI Developments.
Monday, October 04, 2010When state veterinarian Bryce Peckham presented his monthly report to the Kentucky Horse Racing Commission on May 11, it was met with an unusual amount of enthusiasm from the regulators.
Wednesday, May 12, 2010
Despite inch upon inch of rain and a weather forecast that could have chased away patrons, the May 1 Derby more than held its own. Handle was up across the board.
Tuesday, May 04, 2010A bill requiring independent oversight of all pari-mutuel horse race wagering in California was unanimously approved by the state senate's committee on governmental organization April 28.
Wednesday, April 29, 2009
Santa Anita Park president and chief executive officer Ron Charles has taken on additional duties with the parent company of the racetrack after accepting an appointment as chief operating officer of Magna Entertainment Corp., it was announced Jan. 7.
Monday, January 07, 2008AmTote Canada will continue to be the tote services provider for Attractions Hippiques Quebec, it was announced Aug. 29.
Wednesday, August 29, 2007AmTote, a wholly-owned subsidiary of Magna Entertainment Corp., has entered into a tote service agreement with Woodbine Entertainment Group in Canada.
Wednesday, July 11, 2007With executives from the three largest North American tote companies sitting before them, some attendees in a panel discussion at the 33rd Racing & Gaming Symposium Dec. 6 wondered why the trio of bet-processors couldn't work together better for the convenience of the consumer.
Wednesday, December 06, 2006As the in-development Wagering Transmission Protocol continues to take shape, the major tote companies in the pari-mutuel industry are heralding upgrades they're making in technology and customer service.
Wednesday, October 18, 2006Magna Entertainment Corp. completed a $17.4 million acquisition of AmTote International on Thursday, adding a major provider of totalizator services to its portfolio of horse racing entities.
Friday, September 01, 2006Ted Mudge, formerly the co-owner and president of AmTote International Inc., has been named president of the account wagering service BrisBet.com.
Friday, July 28, 2006Magna Entertainment Corp. announced July 26 that it has exercised its first purchase option to acquire an additional 30% equity interest in AmTote International, Inc. and has sent written notice of its intention to exercise its second purchase option to acquire the remaining 40% equity interest in the wagering technology company.
Wednesday, July 26, 2006Magna Entertainment announced Monday that Joe DeFrancis, chief executive officer of the Maryland Jockey Club, has been appointed CEO of PariMax, a new company to oversee the development of Magna's "various electronic distribution platforms."
Tuesday, February 28, 2006Four companies have joined forces to expand the international wagering market, beginning with a racetrack and its off-track betting outlets in Brazil.
Thursday, December 15, 2005After meeting with state racing industry executives, the national Jockeys' Guild has amended California legislation originally designed to establish heavier minimum riding weights in favor of setting parameters for a national peer review study of jockey health issues.
Friday, July 22, 2005Less than a week after the National Thoroughbred Racing Association released a report that recommended upgrades in wagering technology and a streamlining of tote systems in the United States, Magna Entertainment Corp. acquired a 30% equity and voting interest in AmTote International for $3.82 million.
Friday, August 22, 2003Arlington Park completed its investigation of a suspicious odds drop on the winner of the second race June 28, Rainy Day Rules, announcing Friday there was no proof of any past-post wagering.
Friday, July 04, 2003Youbet.com will award "promotional credits" to settle a dispute with players who had winning trifecta bets from the April 12 Wood Memorial deducted from their accounts due to a tote system snafu.
Friday, April 18, 2003The Illinois Racing Board Monday turned back an effort by Maywood Park Trotting Association and Balmoral Racing Club to strip the National Jockey Club of its intertrack wagering licenses in Peru, Joliet, and Crestwood.
Monday, December 09, 2002Late additions to the University of Arizona Symposium on Racing agenda stem from the Breeders' Cup Ultra Pick 6 investigation and resulting industry pari-mutuel review.
Wednesday, November 27, 2002The Illinois Racing Board, without prior notice and over the angry objections of some track operators, on Nov. 12 slapped an immediate ban on wagers involving more than three races. It also put off licensing two tote companies for next year.
Tuesday, November 12, 2002Scientific Games, the parent company to Autotote, fired a software engineer suspected of altering a bet to win the Breeders' Cup Pick 6. An industry task force is expected to be formed to address the integrity of the country's tote systems.
Friday, November 01, 2002Former AmTote president Ted Mudge began working at Magna Entertainment this week.
Friday, May 31, 2002Automated pari-mutuel tellers that accept bills have disappeared from several racetracks over the past few weeks because of fraud. In July, racetracks and tote companies discovered they were being ripped off by patrons who were “stringing” the automated betting machines.
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