Horsemen hashed out the issue of high-volume bettors and rebates Jan. 13, and in the process got a fairly detailed look at their impact on pari-mutuel Thoroughbred racing in the United States.
A federal bankruptcy judge has ruled that simulcast providers owed money from tracks operated by bankrupt Magna Entertainment are entitled to funds they paid bettors but not reimbursement for fees and commissions.
The head of a Kentucky horsemen's association said his group withheld approval for the Churchill Downs signal to go out to a pair of offshore rebate shops for the undercards of the Kentucky Derby Presented by Yum! Brands (gr. I) and Kentucky Oaks (gr. I), and is aggravated that the track is blaming horsemen for a decline in handle on the two programs.
TrackNet Media Group is confident it will execute a contract to carry the Breeders' Cup World Championships signal, an executive with the content management company said Oct. 16.
TrackNet Media Group will allow customers of Elite Turf Club and Racing & Gaming Services who wager $1 million or more annually to receive rebates on TrackNet races, the racetrack content company announced Aug. 1.
Keeneland will not make its live racing available for simulcasting to five outlets located both inside and outside of the United States. The official announcement was made Friday, the opening day of the 16-day meeting in Lexington.
Most Popular Stories
- Midnight Lucky Out of F&M Sprint, Retired
- Ruler of The World to Coolmore Stud for 2015
- Mr. Besilu to Texas' Eureka Thoroughbred Farm
- Moreno in Sharp Breeders' Cup Classic Drill
- Dayatthespa Silenced All Doubters
- Don't Tell Sophia, Ria Antonia Drill for BC
- Presque Isle Horsemen Payments Delayed
- WinStar Buys Half Interest in Daredevil
- HRRN Plans 17 Hours of Breeders' Cup Coverage
- Pedigree Analysis: Pivotal Point