Ken Kirchner, a former regulator in Pennsylvania, was hired by Breeders' Cup as a consultant in 1996, and since that time has overseen wagering formats, simulcast expansion, and elevating the product with bettors.
After a 10.49% increase in total pari-mutuel handle in 2013 compared with 2012, Breeders' Cup officials are hoping for more gains this year. But they'll have to come in another year of depressed wagering.
The Breeders' Cup announced today the order of races, wagering menu ,and post times for the 31st World Championships, to be held Oct. 31 and Nov. 1 at Santa Anita Park.
Breeders' Cup reported that total commingled pari-mutuel handle for its Nov. 1 program at Santa Anita Park on Friday was up 8% from 2012.
When the overnight sheets for Nov. 1-2 at Santa Anita Park were released, Breeders' Cup officials couldn't help but be satisfied. And they're hoping it means strong pari-mutuel wagering on this year's World Championships.
The Breeders' Cup May 29 announced that the fifth Breeders' Cup Betting Challenge will be held at Santa Anita Park Nov. 1-2 with a purse expected to be upwards of $500,000 (based on 185 players).
A review of wagering on this year's World Championships indicated the aftermath of Hurricane Sandy cost Breeders' Cup roughly $9 million in pari-mutuel handle compared with 2011 figures, organization officials said.
Patrick McGoey staged another improbable final-race comeback to win the Breeders' Cup Betting Challenge for a second straight year on Nov. 3 at Santa Anita Park.
The Breeders' Cup World Championships will be simulcast in about 25 countries this year, but officials said they continue to work on regulatory issues that are road-blocking common pools in those markets.
Total handle -- including money wagered through a non-pari-mutuel betting exchange -- on the 2010 Breeders' Cup World Championships could approach $200 million, according to figures released by Breeders' Cup.
The Breeders' Cup is now accepting registration for a two-day handicapping tournament to be conducted during this year's World Championships on Nov. 5-6 at Churchill Downs.
The Breeders' Cup has released the official race order and wagering menu for the 26th Breeders' Cup World Championships, to be held Nov. 6-7 at Santa Anita Park in Arcadia, Calif.
The Breeders' Cup announced Sept. 21 that an all Breeders' Cup Pick 6 wager will be offered on both days of this year's Breeders' Cup World Championships, Nov. 6-7 at Santa Anita Park. Breeders' Cup also released the tentative race schedule for the two days.
The Breeders' Cup and the Oak Tree Racing Association have announced that the Breeders' Cup Betting Challenge, a two-day handicapping tournament, will take place during the 2009 Breeders' Cup World Championships at Santa Anita Park on Nov. 6-7.
Internet gaming is here to stay and, instead of trying to prohibit it, state governments should start regulating this exponentially growing business, a panel of experts told state lawmakers.
As the popularity of advance deposit wagering increases, states need to take action to protect their horseracing industry, the president of the Thoroughbred Owners of California told a group of legislators meeting June 13 in Northern California.
Just as severe weather played havoc with many facets of the 2007 Breeders' Cup, the blustery, sloppy conditions hit the bottom line of handle figures at Monmouth Park during the first-ever two-day World Championships.
- By Ryan Conley
The Oregon Racing Commission is looking into whether there are any statutory licensing actions to be taken against International Racing Group, which has had $1.5 million in funds seized by federal authorities.
- By Ryan Conley
Breeders' Cup Ltd. has anounced agreements to carry the World Championship signals with all major account deposit wagering platforms, including Youbet.com, which has been involved in a federal investigation regarding activities of its off-shore wagering entity, International Racing Group.
Several advance deposit wagering companies have yet to secure contracts for the Breeders' Cup World Championships, a consultant said Oct. 15.
The 10-cent superfectas that have become popular at North American racetracks will make their Breeders' Cup World Championships debut at Monmouth Park Oct. 26-27.
The National Thoroughbred Racing Association announced the 2006 schedule of National Pick 4 wagers available at wagering outlets nationwide March 31. All six wagers are tied to ABC/ESPN racing telecasts.
- By Tom LaMarra
Breeders' Cup, already expecting to begin its Oct. 29 World Thoroughbred Championships day $13 million in the hole handle-wise compared with last year, could take an even bigger hit given a lack of established wagering outlets in hurricane-ravaged Florida and Louisiana.
- By Tom LaMarra
Breeders' Cup, faced with a potential decline in handle for this year's World Thoroughbred Championships given the absence of secondary pari-mutuel operators from its pools, is calling for the industry to expedite a policy on rebate shops.
- By Tom LaMarra
Breeders' Cup officials hope large fields and a revised race order contribute to fuel solid wagering for the Oct. 29 World Thoroughbred Championships at Belmont Park.
The biggest change for this year's Breeders' Cup World Thoroughbred Championships is that the order of the races will be different from past years.
In an effort to provide its fans with the most attractive wagering program, officials of Breeders' Cup Limited and the National Thoroughbred Racing Association announced Thursday that, for the first time, the complete race order for the 22nd Breeders' Cup World Thoroughbred Championships, will be announced on Wednesday, Oct. 19, when the Pre-Entered fields for all eight races are released.
The National Thoroughbred Racing Association announced Monday that Bally's Las Vegas will host the Daily Racing Form/NTRA National Handicapping Championship for the fourth consecutive year and that the total purse for the NHC will be increased by $100,000 to $500,000.
UltraCade Technologies, Breeders' Cup Limited, and the National Thoroughbred Racing Association (NTRA) have released a new, officially licensed arcade game, "Breeders' Cup – Tournament Edition" at the Amusement Showcase International (ASI). The ASI show was attended by nearly 3,300 members of the coin-op industry, which is comprised largely of video game distributors and operators.
- By Tom LaMarra
The Oct. 30 Breeders' Cup World Thoroughbred Championships at Lone Star Park set several handle records, including an all-sources mark that topped the previous standard by a little more than $200,000.
The "Head2Head" wager on Breeders' Cup day might also be called "Head2Head2Head" this year as the menu will offer two races with three betting interests instead of the usual two.
The Breeders' Cup Future Bet won't be offered this year, but an official said he hopes it eventually returns under a format whereby wagering would be offered on more than 24 interests. Meanwhile, talks are under way about a new wager tied to jockey performance in the eight-race series.
- By Jack Shinar
Racing is making significant strides in a number of important areas, but needs legislative assistance in others, a representative of the National Thoroughbred Racing Association told a panel of legislators from gaming states Friday during a meeting in Las Vegas.
Graham Stone, a 40-year-old jeweler and father of three, reveals plans for the winnings and the strategy that resulted in one of the biggest pick six payoffs in North American history.
As the Breeders' Cup World Thoroughbred Championships approached the morning of Oct. 25, officials were hoping this year's $3-million guaranteed Breeders' Cup Ultra Pick 6 would be a success in light of last year's well-publicized incident of insider tampering. Measures are in place to avoid a similar scenario.
Head2Head wagering, first introduced at last year's Breeders' Cup World Thoroughbred Championships, is back on the wagering menu for this year's races that will be hosted by the Oak Tree Racing Association at Santa Anita Park on Oct. 25.
- By Tom LaMarra
The NTRA Players Panel is fashioning position papers on several issues that impact horse racing and wagering, including the integrity of pools, rebating, pari-mutuel takeout, withholding taxes, and customer service.
The National Thoroughbred Racing Association and Breeders' Cup Limited announced Tuesday that Breeders' Cup Future Bet wagering will be offered again this year on the eight Breeders' Cup World Thoroughbred Championships races, to be held Saturday, October 25, during the Oak Tree meeting at Santa Anita Park in Arcadia, Calif.
The battle lines have been drawn. Now, Breeders' Cup and National Thoroughbred Racing Association officials are hoping the "race within a race" proves popular at the betting windows.
The National Thoroughbred Racing Association has set the fields for this weekend's inaugural Breeders' Cup Future Bet. Street Cry, winner of the Dubai World Cup, has been listed as the morning line favorite for the Breeders' Cup Classic at 6-1 odds.
Breeders' Cup officials and tote companies have scaled down the size of a proposed World Thoroughbred Championships future wager slated for later this year. Instead of a minimum of 100 betting interests, as originally hoped for, Breeders' Cup's first future pools would offer 24 runners each.
The Association of Racing Commissioners International has developed a model rule that could make a proposed Breeders' Cup future wager an annual event and expand early wagering on the Kentucky Derby (gr. I).
An agreement struck over the weekend will allow all online and telephone account wagering services to put the World Thoroughbred Championships on their menus Oct. 27.
Last year, the day before the Breeders' Cup, officials from the organization and the TV Games Network traveled to Ohio to strike a deal allowing Winticket.com, Beulah Park's account-wagering subsidiary, to accept wagers on the eight races. Eleven months later, with the Oct. 27 Breeders' Cup World Thoroughbred Championships asoon approaching, no agreement is in place to cover the same situation.
A deal that gives the TV Games Network the exclusive right to conduct interactive wagering on Breeders' Cup Championship Day races has left other account-wagering providers wondering how the decision will impact their ability to carry the Breeders' Cup program Nov. 4 at Churchill Downs.
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