Internet Wagering

News, Articles, Videos and other content about Internet Wagering

Handle Up, Revenue Flat at TVG

Improved handle failed to translate to increased revenue at advance-deposit wagering company TVG Network during the three-month period ending Jan. 31.

CDI 'Well-Positioned' to Make Other Deals

CDI 'Well-Positioned' to Make Other Deals

Churchill Downs Inc., which announced Nov. 11 plans to purchase Youbet.com and its United Tote subsidiary for about $126.8 million, is on the lookout for other prospective purchases in the area of Internet wagering.

NYRA Announces Mobile Wagering Platform

NYRA Announces Mobile Wagering Platform

Sona Mobile Holdings and the New York Racing Association have reached an agreement where the gaming and entertainment software company will provide the racetrack group a mobile wagering application, it was announced Oct. 16.

Panel Wrestles With Internet Regulatory Issues

While Internet wagering on horseracing across state lines has been legalized in 17 states, the United States Congress still hasn't determined whether other forms of casino-style gaming should be prohibited. Until it does, gambling in cyberspace remains a complex public policy issue.

Magna Improves Historically Slow Third Quarter

Magna Entertainment showed some improvement during the third quarter ending Sept. 30, historically the company's weakest period of the year. Revenue for the Ontario-based racing conglomerate increased 31.1% for the quarter and 24.9% for the first nine months of the year.

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