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BloodHorse.com Articles for "Pari Mutuel Wagering"

Judge Rules Barrel Racing in Violation of Law

Judge Rules Barrel Racing in Violation of Law

An administrative law judge in Florida ruled May 6 the state can't allow pari-mutuel barrel racing under current law.

 Monday, May 06, 2013

Handle Up Slightly, Purses Drop in April

Wagering on United States racing in April registered a small year-over-year gain, but purses were down from April in 2012, according to the Thoroughbred Racing Economic Indicators released by Equibase May 5.

 Sunday, May 05, 2013

NY Lawmaker Uses Derby to Push City OTB

A New York lawmaker May 4 said he will introduce legislation authorizing off-track betting at New York City bars that offered it before New York City Off-Track Betting Corp. went bust and closed in 2010.

 Saturday, May 04, 2013

IL Racing Threatened by Legislative Stalling

Illinois racing dates may be vacated and laboratory operations curtailed if the state legislature does not quickly reauthorize advance deposit wagering, Illinois Racing Board officials said April 30.

 Tuesday, April 30, 2013
Average Daily Handle Down 4% at Turfway Meet

Average Daily Handle Down 4% at Turfway Meet

Though total pari-mutuel handle during the recent winter/spring meet at Turfway Park fell almost 30% from the same meet in 2012, average daily handle was down 4% because of 11 fewer live racing days.

 Friday, April 12, 2013
Keeneland Again Tops HANA Racetrack Ratings

Keeneland Again Tops HANA Racetrack Ratings

For the fifth consecutive year, Keeneland, which begins its spring meet April 5, topped the 2013 racetrack ratings produced by the Horseplayers Association of North America.

 Friday, April 05, 2013
March Wagering Down Slightly From 2012

March Wagering Down Slightly From 2012

Commingled pari-mutuel handle for March was $983,428,969, down only 0.11% from the same month in 2012, according to the Thoroughbred Racing Economic Indicators released by Equibase April 4.

 Thursday, April 04, 2013

Handle on Live Pennsylvania Races Up 12%

Purses paid at six racetracks in Pennsylvania in 2012 increased 1% while wagering on the live product was up 12% from the previous year, according to the latest benchmark report prepared by regulators.

 Wednesday, March 27, 2013

Handle, Purses, Race Days Decline in February

Pari-mutuel wagering, purses, and race days all declined in February compared with the same month in 2012, according to the Thoroughbred Racing Economic Indicators released by Equibase March 4.

 Monday, March 04, 2013
KY Lawmaker Questions Raid on Instant Racing

KY Lawmaker Questions Raid on Instant Racing

The Kentucky House Feb. 27 passed legislation that in part would take revenue from historical race wagering to fund pensions for state workers, but one lawmaker questioned the bill's impact on the horse industry.

 Thursday, February 28, 2013

Historical Race Wagers Now Legal in Wyoming

Wyoming became the second state to enact wagering on historical races via legislative action and the signature of the governor Feb. 27.

 Wednesday, February 27, 2013
Mountaineer Approved for Mobile Wagering

Mountaineer Approved for Mobile Wagering

Mountaineer Casino, Racetrack & Resort, which begins its 2013 meet March 1, has been cleared to offer mobile wagering.

 Wednesday, February 27, 2013

Portland Meadows Seeking Historical Racing

The Oregon horse racing and breeding industry is making a push for historical race wagering at Portland Meadows, which last year raced in the summer and fall with mixed results.

 Thursday, February 14, 2013

Kentucky ADW Tax Clears House Committee

The Kentucky House Appropriations and Revenue Committee passed legislation authorizing a tax on advance deposit wagering Feb. 12, but it remains to be seen if all parties agree on the language in the measure.

 Wednesday, February 13, 2013

Handle Down, Purses Increase in January

Wagering on United States races dropped 2.02% in January when compared with the same month in 2012, according to the Thoroughbred Racing Economic Indicators released by Equibase Feb. 4.

 Monday, February 04, 2013
Mobile On-Track Bets Approved in New Jersey

Mobile On-Track Bets Approved in New Jersey

Legislation authorizing use of mobile devices for betting on horse races was signed into law by New Jersey Gov. Chris Christie Jan. 28.

 Tuesday, January 29, 2013
KY Historical Race Wagering Now at $228M

KY Historical Race Wagering Now at $228M

Wagering on historical races in Kentucky generated more than $3.8 million for purses and the state Thoroughbred Development Fund from September 2011 through December 2012.

 Wednesday, January 23, 2013

Handle, Purses Down at Delaware Park in 2012

Live and simulcast wagering on races at Delaware Park in 2012 totaled $116,771,915, down 22.08% from $149,862,434 in 2011, according to statistics released by the Delaware Thoroughbred Racing Commission Jan. 17.

 Thursday, January 17, 2013
Total Handle Up for First Time Since 2006

Total Handle Up for First Time Since 2006

Despite a slight decline in wagering in December, total pari-mutuel handle on United States racing in 2012 was up 0.96%, the first increase since 2006, according to the Thoroughbred Racing Economic Indicators.

 Saturday, January 05, 2013

Handle, Purses Increase at Penn National

Hollywood Casino at Penn National Race Course reported a 19.4% increase in all-sources pari-mutuel handle for 197 live racing days in 2012. Meanwhile, total purses jumped 11.6%.

 Thursday, January 03, 2013
Charles Town Reports Handle Records for 2012

Charles Town Reports Handle Records for 2012

Hollywood Casino at Charles Town Races reported that, for the first time in the track's 79 years of operation, average daily pari-mutuel handle topped the $1 million mark.

 Saturday, December 29, 2012

Sportech Acquires Wagering Services Company

Sportech PLC has enhanced its position in the online wagering market by acquiring eBet Online Inc., a California-based provider of technology and services to 20 outlets across North America.

 Saturday, December 22, 2012

Hurricane Sandy Impacts Economic Indicators

Considering there were 13 fewer race days during the month of November compared to 2011 due to the aftermath of Hurricane Sandy, pari-mutuel handle was down only slightly while purses showed a small increase.

 Wednesday, December 05, 2012
Fantasy Games Touted as Important Tool

Fantasy Games Touted as Important Tool

Operators of online racing and sports fantasy games said Dec. 4 the time is now for the horse racing industry to capitalize on them to develop fans and generate new revenue.

 Tuesday, December 04, 2012

Churchill Rolls Out New Website Luckity.com

Churchill Downs Inc. hopes to improve returns for its already successful online segment while drawing new customers to pari-mutuel wagering with its new on-line wagering site Luckity.com.

 Friday, October 19, 2012

Mobile Ontrack Wagering Begins to Take Root

Racetracks are beginning to implement mobile wagering at their facilities with positive results, but officials said Oct. 3 they don't expect it to chase away tote machines and advance deposit wagering systems.

 Wednesday, October 03, 2012

'Tote Security System' Launch Set for 2013

The Thoroughbred Racing Protective Bureau plans to roll out what it calls the "Tote Security System" in the fall of 2013, officials said Oct. 2.

 Tuesday, October 02, 2012
Will Racing Capitalize on Internet Gambling?

Will Racing Capitalize on Internet Gambling?

Horse racing risks the chance of being left behind again if it doesn't position itself to participate in Internet wagering outside the advance deposit wagering arena, officials said Oct. 1.

 Monday, October 01, 2012

Sportech Has New Deal for California Wagering

Sportech Racing said Sept. 12 it has signed a three-year extension of the totalizator services agreement it has with all racetracks, racing fairs, and off-track betting networks in California.

 Thursday, September 13, 2012

TwinSpires.com Says Breach 'Remediated'

Customers continue to receive letters from TwinSpires.com informing them of an early August security breach that allowed access to basic personal information.

 Wednesday, September 12, 2012
AmWest Launches New Online ADW Service

AmWest Launches New Online ADW Service

AmWest Entertainment has launched a player-driven wagering website called AmWager.com, the company announced Aug. 1.

 Wednesday, August 01, 2012
Protecting Gaming Purse Funds a Challenge

Protecting Gaming Purse Funds a Challenge

Protecting purse revenue from alternative gaming can be as hard, or harder, than winning legislative approval for it, horsemen said June 30 during a National Horsemen's Benevolent and Protective Association roundtable talk.

 Saturday, June 30, 2012
Appeals Court Remands KY Instant Racing Case

Appeals Court Remands KY Instant Racing Case

The Kentucky Court of Appeals has remanded the Instant Racing case to Franklin County Circuit Court after vacating that court's findings.

 Friday, June 15, 2012
TOC Moves Harshly Criticized by Betfair TVG

TOC Moves Harshly Criticized by Betfair TVG

The Thoroughbred Owners of California June 1 tabled action on exchange wagering for one year and endorsed a deal proposed by The Stronach Group, leading to a strong response from Betfair TVG.

 Saturday, June 02, 2012
KY Downs Instant Racing Handle Near $82M

KY Downs Instant Racing Handle Near $82M

More than $81.95 million was bet through Instant Racing machines at Kentucky Downs from Sept. 1, 2011, through April 30, 2012, according to the latest figures from the Kentucky Horse Racing Commission.

 Thursday, May 17, 2012

NY Lawmaker: Return Betting to City Bars

Using the Kentucky Derby Presented by Yum! Brands (gr. I) to make his point, New York Assemblyman Micah Kellner, who represents Manhattan, railed on officials for not moving to offer offtrack betting at bars in New York City.

 Saturday, May 05, 2012

Arlington, Horsemen in Dispute Over Funding

A dispute between Arlington Park and the Illinois Thoroughbred Horsemen's Association could lead to a simulcast blackout of the Illinois racetrack's signal out of state.

 Wednesday, May 02, 2012
KY Court to Act Quickly on Instant Racing

KY Court to Act Quickly on Instant Racing

The Kentucky Court of Appeals is expected to issue an opinion on the challenge to Instant Racing machines in four to six weeks, one of three judges said April 25 after hearing oral arguments on the issue.

 Wednesday, April 25, 2012

Progress in Georgia Seen on Pari-Mutuels

Georgia voters won't get a chance to decide on pari-mutuel wagering during the November election but supporters say progress is made every year.

 Friday, March 30, 2012
Fractional Bets, Decimal Odds at Keeneland

Fractional Bets, Decimal Odds at Keeneland

Keeneland officials said the Lexington racetrack will be the first in the country to introduce "fractional wagering" and a decimal odds display when the spring meet begins April 6.

 Thursday, March 29, 2012

Georgia Tables Action on Pari-Mutuel Bill

A Georgia House of Representatives committee has tabled legislation to authorize pari-mutuel horse racing, meaning there won't be a statewide referendum this year.

 Friday, March 23, 2012
Mild February Aids Solid Handle Increase

Mild February Aids Solid Handle Increase

Unseasonably warm weather in February no doubt contributed to a 7.60% increase in wagering on United States races.

 Monday, March 05, 2012

Kentucky ADW Tax Bill Passes House

Legislation that would tax pari-mutuel wagers made by Kentucky residents through advance deposit wagering services passed the House of Representatives by a 79-15 vote Feb. 24.

 Saturday, February 25, 2012

Kentucky Committee OKs Tax on Account Wagers

Legislation that would tax pari-mutuel wagers made by Kentucky residents through advance deposit wagering services was approved in committee Feb. 21 and heads to the House of Representatives.

 Tuesday, February 21, 2012
ADW Tax Bill Introduced in Kentucky House

ADW Tax Bill Introduced in Kentucky House

Legislation that would impose an excise tax on advance deposit wagers made by Kentucky residents was introduced in the state House of Representatives Jan. 9.

 Tuesday, January 10, 2012

Racing-Related Bills Clear NJ Committees

A bill authorizing small offtrack betting operations in bars and restaurants, and another measure giving Atlantic City Race Course a larger chunk of revenue from casino race books, passed New Jersey legislative committees.

 Friday, January 06, 2012
NJ Legislation Would Permit Mini OTB Parlors

NJ Legislation Would Permit Mini OTB Parlors

Legislation expanding offtrack betting to a limited number of bars and restaurants will be discussed by New Jersey legislative committees Jan. 5.

 Tuesday, January 03, 2012

Instant Racing: $19M in Bets in Three Months

Instant Racing at Kentucky Downs produced more than $19.52 million in wagers in its first three months of operation, according to figures from the Kentucky Horse Racing Commission.

 Thursday, December 29, 2011
Hoosier Park Invests $3M in OTB Experience

Hoosier Park Invests $3M in OTB Experience

Hoosier Park Racing & Casino has invested $3 million in a new off-track wagering facility designed to attract a broader range of customers in downtown Indianapolis.

 Friday, December 23, 2011
Racing Industry Told to Innovate or Suffer

Racing Industry Told to Innovate or Suffer

A Dec. 7 panel discussion on new frontiers in wagering turned into an indictment of the North American racing industry over its failure to innovate and change parochial revenue models.

 Thursday, December 08, 2011
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