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BloodHorse.com Articles for "Off Track Betting"

Report Suggests New York Racing Needs Reform

A new report by the New York Senate Committee on Racing, Gaming, and Wagering lists the top 10 problems in horse racing in the state and solutions for them.

 Wednesday, April 04, 2007

Catskill OTB Drops Out of New York Franchise Race

Catskill Regional Off-Track Betting Corp., located in upstate New York, has become the latest group to drop out of the process to take over the franchise to operate Aqueduct, Belmont Park, and Saratoga

 Tuesday, March 27, 2007

New Jersey Off-Track Wagering to Debut March 30

Off-track wagering in New Jersey will officially launch March 30 when "Favorites in Vineland" opens it doors.

 Wednesday, March 21, 2007

Fair Grounds Hikes Purses 25% for Final Two Weeks

Fair Grounds has increased overnight purses $12,000 per race for the final two weeks of its current meet.

 Thursday, March 15, 2007

Off-Track Wagering to Debut in New Jersey in March

Pennwood Racing plans to open the first off-track wagering facility in New Jersey in early March. The Turf Club on Delsea Drive is located in Vineland in the southern portion of the state.

 Monday, January 22, 2007

New York OTBs Begin Importing Gulfstream Signal

New York City off-track betting corporations began importing the signal from Gulfstream Park Jan. 17 after an agreement was reached on a rate for the signal.

 Wednesday, January 17, 2007

No Gulfstream Signal for New York OTB Parlors

With the Florida Horsemen's Benevolent and Protective Association seeking a higher rate for the Gulfstream Park signal, and the existing rate governed by a contract with the racetrack, the six off-track betting corporations in New York didn't carry the Jan. 3 opening-day program from the South Florida racetrack.

 Wednesday, January 03, 2007

New York Adopts Internet Account Wagering Rules

The New York State Racing and Wagering Board adopted regulations Dec. 28 that will expand account wagering to include the Internet and other electronic platforms.

 Friday, December 29, 2006

Breeders' Cup Signal Withheld From Indiana OTB Parlors

Breeders' Cup officials are working with Churchill Downs and the Kentucky Horsemen's Benevolent and Protective Association to ensure wagering on this year's World Championships is available at two Indiana off-track betting parlors near the Kentucky border.

 Wednesday, September 27, 2006

Legislators to NJSEA: Move Faster on OTB Network

The New Jersey Assembly stepped up the pressure on the New Jersey Sports and Exposition Authority May 22 when it passed a resolution urging the agency to open off-track betting parlors that were authorized by a 1998 constitutional amendment legislatively enacted in 2001. Not one parlor has been built to date.

 Friday, May 26, 2006

'Friends' Releases Legislative Proposal for Racing

New York should permit public and private partnerships to bid on the New York Racing Association franchise, allow bettors to wager via computers, introduce frequent-betting rewards programs at tracks, and approve the merger of the state's off-track betting corporations, according to an ambitious legislative package proposed March 9 by Friends of New York Racing.

 Thursday, March 09, 2006

Indiana Legislation Targets Incoming Simulcasts

Legislation to be considered by the Indiana Senate would mandate that incoming simulcasts be made available to all wagering outlets in the state or not be available at all. The bill was reported out of the Senate Committee on Homeland Security, Utilities, and Public Policy Jan. 24.

 Tuesday, January 31, 2006

Meeker Optimistic about Future of Fair Grounds

Churchill Downs Inc. president and chief executive officer Tom Meeker said that in the weeks since Hurricane Katrina devastated CDI-owned Fair Grounds in New Orleans, the company has been working with federal, state, and local governments on a reinvestment plan that could include revamping the historic racetrack into a tourist destination.

 Tuesday, November 08, 2005

FNYR Study, OTBs Differ on Health of System

Revenue to localities in the six off-track betting regions in New York is down more than 50% from 2000 to 2004, according to the results of a study commissioned by Friends of New York Racing, the organization that seeks to build a better economic model for the pari-mutuel industry in the Empire state. Two OTB corporations, Capital and New York City, have issued responses to the report, which they believe doesn't tell the whole story.

 Tuesday, November 01, 2005

Kentucky OTB Parlor to Mark 10th Anniversary

Kentucky Off-Track Betting's facility in Pineville will celebrate its 10th anniversary this weekend of Sept. 2-4. More than $51 million has been wagered at the facility since it opened in 1995.

 Wednesday, August 31, 2005

Canterbury Withholds Signal from Five Outlets

Canterbury Park, which opens May 7, will not make its live racing signal available to five wagering outlets located in and outside the United States.

 Friday, May 06, 2005

Funding Woes Jeopardize North Dakota Track

The North Dakota Racing Commission is running out of money to subsidize the racetrack at the North Dakota Horse Park in Fargo, and the track may not survive without new revenue streams, a track official said.

 Wednesday, April 06, 2005

NYRA Chief Expects Financial Tide to Turn

Newly hired New York Racing Association president and chief executive officer Charles Hayward said Nov. 22 the racing organization is close to operating in the black again.

 Monday, November 22, 2004

Error Reverses Outcome of Virginia OTB Vote

An error in the reporting of election results reversed the outcome of an off-track betting referendum in Virginia, officials said Nov. 4.

 Thursday, November 04, 2004

Virginia OKs Parlors in Four of Five Communities

Referendums on off-track betting passed in four of five Virginia communities Nov. 2. Should the facilities all be licensed, Colonial Downs would have 10 OTB parlors, the maximum allowed by law.

 Wednesday, November 03, 2004

Virginia OKs Parlors in Four of Five Communities

Referendums on off-track betting passed in four of five Virginia communities Nov. 2. Should the facilities all be licensed, Colonial Downs would have 10 OTB parlors, the maximum allowed by law.

 Wednesday, November 03, 2004

After Long Wait, Account Betting Launched in Jersey

The account-wagering era in New Jersey began Oct. 28, only two days before the Breeders' Cup World Thoroughbred Championships. Though the system was up and running in the nick of time, it has been years in the making.

 Friday, October 29, 2004

Delta Downs Hopes to Continue Hitting 'Jackpot'

Not content to just offer a $1-million race, Delta Downs Racetrack & Casino is looking for ways to promote the stakes and its wagering business both on and off track.

 Thursday, October 28, 2004

Indiana Panel: No Cutoff of Kentucky Signal

The Indiana Horse Racing Commission Aug. 2 rebuffed Indiana Downs' latest attempt to ban Kentucky Thoroughbred signals from all wagering outlets in the state.

 Tuesday, August 03, 2004

Account Betting Poised to Move Ahead in Jersey

The New Jersey Racing Commission expects to consider a "participation agreement" for distribution of revenue from account and off-track wagering at an Aug. 18 meeting at which the stakeholders are expected to apply for a license to begin account betting.

 Tuesday, July 20, 2004

Bill to Authorize Lease of Jersey Tracks Progresses

The New Jersey Senate Wagering, Tourism, and Historic Preservation Committee on June 7 approved a bill that would permit the state to lease Monmouth Park and Meadowlands, two racetracks operated by the New Jersey Sports and Exposition Authority.

 Tuesday, June 08, 2004

New York City OTB Sets Handle Record Derby Day

New York City Off-Track Betting Corp. set records for handle on the May 1 Kentucky Derby (gr. I) and overall amount wagered on a single day.

 Monday, May 03, 2004

Indiana to Study Impact of Kentucky Signal on State

The Indiana Horse Racing Commission April 21 called for an economic impact study on the impact of having--or not having--Kentucky signals available at the state's racetracks and off-track betting parlors.

 Thursday, April 22, 2004

Public Perception

By Bob Summers -- The racing industry might learn something from what I overheard recently at an off-track betting parlor in Niagara Falls, N.Y.

 Tuesday, April 06, 2004

Indiana, Kentucky at Odds Over Import of Signals

Indiana Downs has once again asked the Indiana Horse Racing Commission to consider a proposal that could ban Kentucky signals from the state's wagering network.

 Monday, March 08, 2004

Virginia House OKs Expansion of OTB Network

The Virginia House of Delegates approved legislation March 1 to allow the number of off-track betting parlors in the state to go from six to 10.

 Tuesday, March 02, 2004

New York OTBs to Sponsor 2004 'Big Apple Triple'

The regional off-track betting corporations in New York will sponsor the 2004 Big Apple Triple, which offers a $250,000 bonus for a horse that sweeps the three stakes.

 Wednesday, February 11, 2004

New Jersey OTB Parlors Might Be On Fast Track

A "master participation agreement" between the three entities that operate racetracks in New Jersey as to how they intend to divide the 15 potential off-track wagering sites in the state will be considered at the Feb. 18 meeting of the New Jersey Racing Commission. Approval of the deal is seen as the first step toward jump-starting the process of getting OTB parlors operational, perhaps by the end of the year.

 Monday, February 09, 2004

Indiana Racetrack Gaming Bill Clears Committee

A bill that would allow electronic pull-tab machines at Indiana racetracks and two satellite wagering facilities crossed a second hurdle Jan. 21. The House Ways and Means committee approved the legislation by a 17-10 vote and sent it along for consideration by the full House.

 Thursday, January 22, 2004

New York Tracks Prepare to Fight VLT Expansion

Track operators in New York are gearing up for a major lobbying battle against an effort to spread video lottery terminals beyond the state's horse racing industry.

 Monday, January 19, 2004

Colonial Gets OK for OTB Parlor Near Roanoke

Colonial Downs in Virginia is looking at four sites for an off-track betting parlor in Vinton, where voters on Nov. 4 approved a referendum by only 20 votes, the Roanoke Times reported.

 Thursday, November 06, 2003

Budget Plan Would Put VLTs at New York OTBs

Video lottery terminals would be permitted at off-track betting facilities in New York under a plan being considered by state budget negotiators. The idea is being promoted to deal with another huge, multibillion-dollar budget looming over the next two years and a failure by racetracks to get VLTs up and running quickly enough to send revenue-sharing money to the state.

 Monday, November 03, 2003

Racing Services Files Complaint Against Consultant

Racing Services Inc., North Dakota-based wagering company, has filed a complaint against Stevenson & Associates for alleged restraint of trade and monopolization in connection with off-track betting parlors in Mexico and Venezuela.

 Wednesday, July 30, 2003

Kentucky OTB Handles $313 Million in 10 Years

Kentucky Off-Track Betting Corp., owned by four of the state's racetracks, celebrated its 10th anniversary with total handle of $313 million through June 30. The corporation was formed in November 1992.

 Wednesday, July 23, 2003

Virginia Commission Reviews OTB Parlor Application

The first steps of expanding handle in Virginia over the next five years were taken July 1 when the Virginia Racing Commission reviewed an application for a second off-track wagering center in Richmond.

 Wednesday, July 02, 2003

Report: Second Indiana OTB Parlor Wouldn't Boost Handle

Indiana Downs' quest to obtain permission to operate a Marion County satellite wagering facility may have encountered it first roadblock.

 Monday, June 30, 2003

OTB Expansion, Account Wagering Set in Virginia

Racing fans in Virginia probably will have more outlets at which to place wagers in the coming months. New off-track betting parlors and account wagering are expected to increase handle in Virginia, and ultimately lead to more racing days at Colonial Downs.

 Thursday, June 26, 2003

Changes Planned as Colonial Downs Readies for Meet

When patrons arrive at Colonial Downs this summer for live racing, there will be a few changes, said John Mooney, general manager of Colonial Downs and president of the Maryland-Virginia Racing Circuit.

 Tuesday, May 27, 2003

Pros, Cons of Second Indianapolis OTB Parlor Stated

Two Indiana racetracks made their cases for and against a second off-track betting parlor in Indianapolis. The Indiana Horse Racing Commission heard the arguments but made no decision.

 Tuesday, May 27, 2003

Racetrack Gaming Measure Passes Michigan House

Legislation to allow electronic gaming at Michigan racetracks was approved by the state House of Representatives May 22, just two days after the release of a poll that indicated the public overwhelmingly disapproves of the prospect.

 Friday, May 23, 2003

Regulators to Hear Arguments in 'Battle of Indianapolis'

The Indiana Horse Racing Commission will hear arguments May 22 for and against granting Indiana Downs permission to build an Indianapolis off-track betting facility.

 Monday, May 19, 2003

Latest Plan: VLTs for New York City OTB Parlors

New York City off-track betting parlors would be permitted to install up to 4,500 video lottery terminals under a proposal made May 13 by Gov. George Pataki.

 Tuesday, May 13, 2003

Indiana Downs Seeks Betting Parlor Near Churchill

Officials in Clark County, Ind., have scheduled a hearing May 12 to discuss a request by Indiana Downs to operate a satellite wagering facility in Jeffersonville or Clarksville. The OTB parlor would be located just across the Ohio River from Churchill Downs and its Trackside OTB in Louisville, Ky.

 Thursday, May 08, 2003

New York VLT Deal Near; OTBs Considered

A deal to entice New York racetracks to install video lottery terminals was close the evening of April 28, but officials acknowledged a side deal is being hammered out to bring VLTs to the state's off-track betting parlors.

 Tuesday, April 29, 2003

New York City OTB Drops Plan to Open on Easter

New York City Off-Track Betting Corp., which faces action by state regulators for opening its parlors on Palm Sunday, April 13, has abandoned plans to open for business Easter Sunday, April 20.

 Wednesday, April 16, 2003