In a court-approved settlement, the operator of the handicapping contest site DerbyWars will pay at least $500,000 to tracks owned by The Stronach Group, which filed suit in December of 2015.
A legislator who co-sponsored recently adopted legislation on daily fantasy sports said a line included in the new law aims to prohibit unlicensed horse racing contests that do not support the racing industry.
In the first agreement of its kind between a racetrack and racing contest site, DerbyWars will contribute revenue to Hawthorne Race Course and Illinois horsemen.
The Stronach Group and DerbyWars may be on a path to settling their pending lawsuit, according to comments made by each organization's officials Feb. 24 during and after a California Horse Racing Board committee meeting.
Stronach Group racetracks have filed a federal lawsuit against the operators of the daily racing contest site DerbyWars, claiming that the site is operating unlawfully in using Stronach track races.
A national conversation over the legality and viability of daily fantasy sports was at the forefront of the California Horse Racing Board session Oct. 21 at Santa Anita Park.
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