Betfair

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Betfair, U.S. Horsemen Continue Talks

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.

Television Coverage of Racing May Have Sponsor

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.

Dozen Charged in British Racing Probe

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.

Weil: Racino Model Isn't Industry's Savior

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.

Debate on Betting Exchanges Heats Up

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.

Jockeys, Trainers Charged by British Jockey Club

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.

Betfair Hails Groundbreaking Agreement

  • News

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.

Wanna Bet?

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.

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