Racing at California fairs, long supported as one of the best ways to attract new fans for the sport, is losing out to economic considerations while industry representatives fight to remain viable in the northern half of the state.
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 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.
Greg Nichols, chief executive of the British Horseracing Board for the past four years, will relinquish the post of running British racing's ruling body later this year.
Total prize money and attendance in Britain for 2005 fell just below the record levels reached the year before but the British Horseracing Board remains upbeat.
A ruling in the British Court Of Appeal against the British Horseracing Board has finally sunk the financial strategy being pursued by racing's rulers since 2000.
Comments from buyers and sellers at the Keeneland November Breeding Stock Sale.
The British Horseracing Board has, as expected, launched a strong defense against the findings of an Office Of Fair Trading investigation in the sport. The BHB has condemned them as "disastrous."
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