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.
TVG and the New York Racing Association have reached a two-year agreement on the distribution of NYRA signals, allowing Aqueduct programming to return to the horse racing network Jan. 3.
TVG announced Dec. 17 that it had reached agreement with Los Alamitos Race Course to extend its exclusive arrangement for television and account wagering with the Orange County, Calif. track for an additional 10 years.
A stalemate between California horsemen and advance deposit wagering companies kept Hollywood Park's out-of-state signal unavailable on opening day of the track's fall season Oct. 29.
David Nathanson has been promoted to the newly-created position of president of TVG, the company announced May 19.
TVG announced March 13 it has entered into a partnership to make horseracing programming from TVG Broadband, a new imprint offering digitized video for online media, available through Hulu's online video service, www.Hulu.com.
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.
Fueled by a record total from TVG, wagers handled through Oregon hubs jumped 19.7% for the third quarter of 2007, according to data released by the state's racing commission.
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.
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.
By Evan I. Hammonds - Advance deposit wagering, which most sources agree accounts for about 10% of handle on Thoroughbred racing, is the sport's latest battleground.
The Longacres Mile (gr. III), the most important race in the Pacific Northwest since its inception in 1935, will be sponsored by TVG in 2007 and include Breeders' Cup incentives with a record $400,000 purse.
TVG May 9 announced that it reached an agreement with Dubai Sports Channel to significantly increase international exposure for American Thoroughbred horseracing by making the programming available to more than eight million homes across the Arabian Peninsula.
TVG has a new distribution agreement with DIRECTV that will make the network available to an additional eight million subscribers of the satellite service.
The Louisiana Horsemen's Benevolent and Protective Association has decided not to consent to the sending of the signal from Evangeline Downs Racetrack & Casino to TVG under the current exclusive arrangement between the track and racing network.
TVG announced Feb. 15 that it has discontinued negotiations on extending its television and advance deposit wagering contract with Churchill Downs Inc.
By David Nathanson - The question is not whether horse racing needs television (it clearly does), but rather how we can improve our television coverage while distributing it to the widest possible audience to attract new fans and incremental wagering revenue.
TVG has won exclusive television distribution and account wagering rights from the New Jersey Sports and Exposition Authority for its racetracks, the network announced Dec. 8.
TVG has launched a year-round fantasy horseracing game on its website, TVG.com, and on Foxsports.com, the network announced Nov. 30. TVGfantasy.com will offer fans the opportunity to own and manage their own virtual stable consisting of horses, trainers, and jockeys. The site went live Thursday, Nov. 30, with game play beginning Dec. 26.
TVG processed a record-setting $6,708,450 in wagers, including $4,815,799 in wagering on the eight Breeders' Cup World Championships events, Nov. 4 from Churchill Downs.
TVG announced Oct. 25 that it has launched TVGfree.net, an innovative educational Web site designed to cultivate new horseracing fans and give them a chance to compete for free.
The simmering dispute between the organization representing California's horse owners and the racing television and wagering network TVG appeared unlikely to be resolved heading into the Oct. 26 meeting of the California Horse Racing Board.
Account wagering in California remains mired in a dispute between horsemen and TVG over setting hub fees, officials from both sides told the California Horse Racing Board on Aug. 17, with no guarantee the stalemate will be resolved soon.
In a first for TVG, the interactive horseracing network's Kentucky Derby preview show, "The Works," will be available on Free Video on demand via TV Guide SPOT for digital customers on Insight Communications cable systems in Illinois, Indiana, Kentucky and Ohio.
In a move designed to increase promotion of horseracing in digital media, TVG Network and FOX Interactive Media announced Feb. 7 a new partnership for horseracing content on Fox Sports Interactive, a leading destination for sports fans on the Internet.
Hall of Fame jockey Gary Stevens announced his retirement from riding Friday, but will not be leaving the sport. In a Churchill Downs press conference, Stevens said he would be joining the Television Games Network (TVG) as a racing analyst.
David Nathanson has been appointed senior vice president and general manager of TVG, the interactive horseracing network owned by Gemstar-TV Guide International.
Most Popular Stories
- NJ Senate Committee OKs Instant Racing Bill
- Slideshow: Royal Delta
- Fasig-Tipton Midlantic Sale Posts Increases
- Multi-Breed Drug Uniformity No Easy Task
- Ria Antonia Readies for Run Against Boys
- Oaklawn Park to Open 57-day Meet Jan. 10
- Horizontal Navigation: Blogs and Multimedia
- Gulfstream Expands Lead in Handle
- New Buyers Drive Up Sales at Arqana
- Charles Town Gets Dates But Awaits Contract