The TV Games Network generated its highest quarterly handle in history from July 1-Sept. 30, when $90,684,755 was bet through the account wagering system. The figure is up 41% from the third quarter of 2003.
Attheraces, the racing channel in Great Britain that is scheduled to go off the air March 29, said it plans to continue broadcasting United States races in the evening and would continue to negotiate with British racecourses to carry their product.
TV Games Network has reached agreements with two cable television services that will carry the 24-hour horseracing and interactive wagering network.
In a deal announced April 9, Rupert Murdoch's News Corp., part owner of TV Games Network parent Gemstar-TV Guide, would acquire General Motors' stake in Hughes Electronics and another piece of Hughes from public shareholders.
The wagering and broadcasting company attheraces has signed an agreement with United States-based The Racing Network international to work together to enhance the acquisition, development, and production of U.S. racing on the attheraces interactive digital television channel in the United Kingdom.
TV Games Network and AmericaTAB have signed a patent license and content agreement that allows AmericaTAB to accept wagers on TVG's exclusive partner tracks, and implement TVG technology.
The new free British racing television channel, run by the "attheraces" consortium, will launch on time May 1 with 14 hours of broadcasting a day from 7 a.m. to 9 p.m.
Adelphia Communications on April 1 launched the TV Games Network on digital cable television in certain parts of Los Angeles.
Fair Grounds president Bryan Krantz has been appointed the United States representative for Attheraces, an ambitious new online wagering and interactive television wagering company in the United Kingdom.
Breeders' Cup Ltd. and the TV Games Network allowed Beulah Park's Winticket.com interactive wagering subsidiary to accept bets on the Nov. 4 Breeders' Cup at Churchill Downs after the owner of the Ohio racetrack filed a lawsuit just days before the championship. Beulah Park general manager Mike Weiss said Winticket.com secured the rights to offer wagering through its automated account-wagering system, but the terms were not disclosed.
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