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.
A settlement has apparently been reached over a federal lawsuit involving a controversial California claiming rule, but racetracks in the state are scrambling to deal with the fall-out left from the suspension of the regulation.
A California judge has dismissed the lawsuit against Scientific Games over the "quick-picks" wagering situation, agreeing with the company that state public policy prohibits such a complaint as it was presented
Scientific Games claims the lawsuit brought against the gaming company over the recent "quick-picks" wagering situation cannot be judged in the California federal court system, and its settlement with the California Horse Racing Board was an appropriate measure to satisfy damages caused by any "alleged" defect in its betting systems.
At least two lawsuits styled as class-action efforts have been filed in California against Scientific Games Corp. over the "quick-picks" wagering situation that came to light following the Kentucky Derby Presented by Yum! Brands (gr. I).