Through Nov. 8, the all-sources handle for the recent Breeders' Cup World Championships exceeded $150.2 million. The total does not include an estimated $24.75 million in exchange wagering handled by Betfair.
Sunday, November 08, 2009
The Breeders' Cup and Betfair Group Limited announced Oct. 22 that they have reached an agreement permitting common-pool wagering on this year's championshp day races Nov. 6-7 during the Oak Tree at Santa Anita meet.
Thursday, October 22, 2009
If the horseracing industry fails to make voluntary changes it has resisted for decades, the only things that may save it from doom are involuntary changes brought on by forces in the gambling and entertainment marketplace, officials said Oct. 13.
Tuesday, October 13, 2009
Scientific Games Racing, a division of Scientific Games Corporation, has announced that it has reached an agreement to provide Betfair Games Limited with services and technologies to allow all Betfair account holders to view race and pool data and wager into North American pari-mutuel tote pools, with approval of relevant regulatory authorities.
Tuesday, October 13, 2009
Online wagering companies TVG and Betfair have pledged an additional $400,000 to the New York Racing Association to invite Rachel Alexandra and Zenyatta to participate in the Beldame Stakes (gr. I) at Belmont Park Oct. 3.
Friday, August 21, 2009
TVG announced June 8 an agreement with TrackNet Media Group that allows its affiliated Web sites -- TwinSpires.com and XpressBet.com -- to accept online wagers on TVG-exclusive racetracks.
Monday, June 08, 2009
Led by strong performances from Twinspires.com and Youbet.com, collective handle for the four largest domestic advance deposit wagering platforms increased by roughly 15% in the first quarter of the year, while their overall share of the national betting pie grew by more than 2%.
Thursday, May 21, 2009
Betfair wants to establish a worldwide betting exchange that includes the United States, but will focus its U.S. efforts for now on strengthening its newest acquisition, the TVG horse racing network, an official with the London-based wagering conglomerate said recently.
Tuesday, April 28, 2009
TVG said April 24 it will make good on winning wagers that were canceled due to a now-resolved dispute the horse racing network had with Hollywood Park.
Friday, April 24, 2009
British-based Betfair Group, which announced Jan. 27 it had completed its acquisition of TV Games Network from Macrovision for $50 million in cash consideration, is hopeful its new holding helps it make inroads in the United States market, which it has courted for years.
Tuesday, February 03, 2009
British-based Betfair Group Ltd. announced Jan. 27 that it had completed its acquisition of the TV Games Network from Macrovision for $50 million in cash consideration.
Tuesday, January 27, 2009
Betfair annouced Dec. 3 it has worked out a five-year sponsorship deal with Royal Ascot.
Wednesday, December 03, 2008
Tattersalls plans to start offering online bidding for all sales at its Park Paddocks site in Newmarket, England.
Thursday, September 25, 2008
Betfair, the Great Britain-based online betting exchange, continues to negotiate with officials in the United States and is inching closer to a deal by which it would compensate horsemen for use of their product.
Saturday, July 19, 2008
European top jockey Kieran Fallon, banned from racing for 18 months by the French racing authority, was denied his appeal of the sentence which was issued after a failed drugs test, the
Racing Post reported Feb. 8.
Friday, February 08, 2008
Six-time British champion jockey Kieren Fallon, 42, and two other riders were involved in plot to cheat in 27 races, a court in London, England, was told Oct. 8.
Monday, October 08, 2007
Six-time British champion jockey Kieren Fallon, 42, and two other riders were involved in plot to cheat in 27 races, a court in London, England, was told Oct. 8.
Monday, October 08, 2007
The habits of gamblers in Great Britain are moving more toward betting online, a study carried out on behalf of the Gambling Commission has revealed.
Tuesday, September 25, 2007
Television coverage of racing in Great Britain seems safeguarded for at least the next two years following the announcement that Channel 4 is in exclusive negotiations about sponsorship with Dubai Holding, whose chairman is leading owner/breeder Sheikh Mohammed.
Monday, September 24, 2007
An investigation by the security department of Britain's Horseracing Regulatory Authority has resulted in 12 individuals, including four jockeys and a trainer, facing several charges in relation to 40 races run between September 2004 and March 2005.
Friday, November 24, 2006
The Horseracing Regulatory Authority decided July 7 not to allow six-time British champion jockey Kieren Fallon to ride in Great Britain effective immediately.
Friday, July 07, 2006
Kieren Fallon, the six-time champion jockey of Britain, was charged at Bishopsgate police station in London, England, on Monday, with conspiracy to defraud customers of the online betting exchange Betfair.
Monday, July 03, 2006
Betfair, the rapidly growing exchange-wagering provider based in Great Britain, believes it could provide up to $50 million in new revenue for itself, racetracks, and horsemen by 2008 should it be permitted to operate in the United States.
Friday, May 05, 2006
The horse racing industry should exploit the growth of sports betting, broaden its distribution, and develop new content rather than looking to racinos as an industry "savior," according to Scientific Games chairman and chief executive officer A. Lorne Weil.
Tuesday, December 06, 2005
A representative of the most publicized betting exchange in the world indicated the company is actively seeking a partnership with the United States pari-mutuel industry.
Monday, July 25, 2005
The Thoroughbred Racing Protective Bureau and Betfair, a betting exchange based in Great Britain, have signed a memorandum of understanding that allows the TRPB to obtain information on betting activity.
Thursday, March 03, 2005
Chris Schef, executive vice president of Thoroughbred Racing Associations, said the U.S. racing industry can't afford to allow Internet betting exchanges to continue to infringe illegally, and suggested the industry form its own exchange to monopolize the U.S. market.
Thursday, December 09, 2004
The British-based online betting company Betfair has announced a "rescue package" under which it will cover the losses for most of the customers of the Sporting Options betting exchange, which ceased operations and was placed under administration Monday.
Tuesday, November 16, 2004
The British-based online betting company Betfair has announced a "rescue package" under which it will cover the losses for most of the customers of the Sporting Options betting exchange, which ceased operations and was placed under administration Monday.
Tuesday, November 16, 2004
Following the placement of the British betting company Sporting Options under administration, meaning it has financial problems, other betting exchanges were quick to assure customers that their accounts were safe.
Monday, November 15, 2004
The British Jockey Club has charged two jockeys, Gary Carter and Pat McCabe, and a trainer, Shaun Keightley, with holding horses back in flat races following investigations. The cases center on Christopher Coleman, a bettor and London tailor who was warned off for two years in January 2003.
Monday, July 19, 2004
Betfair has taken significant steps in its bid to revolutionize betting, with the announcement of the finalization of its Memorandum of Understanding with the Jockey Club. The groundbreaking agreement is the result of many months' work between the two organizations.
Tuesday, June 10, 2003
A principal in a company that develops software for betting-exchange wagering said North America has the structure in place to make it benefit the horse racing industry.
Thursday, March 13, 2003
By Ray Paulick -- An online betting exchange poses a serious threat to horse racing because none of the money wagered is passed on to the industry.
Wednesday, January 22, 2003
