A test model of the first exchange wagering system proposed for the United States will be demonstrated at the University of Arizona Symposium on Racing & Gaming in Tucson beginning Dec. 6.
Monday, December 05, 2011Two Florida Quarter Horse Associations late in the day Nov. 30 asked a state court in Tallahassee to issue an emergency motion for a stay that would prevent the scheduled Dec. 1 start of pari-mutuel barrel racing.
Thursday, December 01, 2011Hamilton Downs Horsetrack in Jasper has asked the Florida Division of Pari-Mutuel Wagering for permission to use its Quarter Horse racing permit to hold pari-mutuel barrel racing.
Friday, November 11, 2011The 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.
Friday, November 04, 2011The president of Kentucky Downs said a placing judge's error was responsible for an incorrect placing of the horses' finish position in a Sept. 10 race at the Franklin, Ky., track.
Thursday, September 15, 2011
Kentucky Downs is reporting receipts of more than a half-million dollars from Instant Racing machines during their first five days of operation.
Thursday, September 08, 2011
Kentucky Downs will inaugurate Instant Racing in Kentucky Sept. 1 and believes the form of pari-mutuel wagering can help restore "vibrancy" to the state's horse racing industry.
Monday, August 22, 2011
Keeneland has launched its own advance deposit wagering system, which is available to residents of Kentucky, Arkansas, Florida, Louisiana, and Ohio.
Wednesday, August 17, 2011
Lone Star Park ended its 2011 meet July 10 with gains in daily average attendance and purses but an overall decline in pari-mutuel handle.
Monday, July 11, 2011
It appears Kentucky Downs will be the first racetrack in the state to apply to the Kentucky Horse Racing Commission for an Instant Racing license.
Friday, July 01, 2011Regulations governing Instant Racing in Kentucky apparently will be on the books July 1, but there won't be a rush by racetracks to move forward on implementing the games.
Tuesday, June 28, 2011Republican U.S. Rep. Joe Barton of Texas has introduced legislation that would legalize Internet poker but no other forms of online casino gambling.
Tuesday, June 28, 2011
Keeneland, in an attempt to ease congestion at its drive-through betting windows May 6-7, Kentucky Oaks and Kentucky Derby Presented by Yum! Brands (both gr. I) days, is partnering with The Red Mile to add betting windows.
Tuesday, May 03, 2011The Georgia House of Representatives has created the House Study Committee on the Horse Racing Industry, a boost to those seeking to win approval for pari-mutuel racing in the state.
Thursday, April 21, 2011The Kentucky Supreme Court has ruled the Instant Racing case will be heard by the state Court of Appeals before it tackles the issue.
Thursday, April 21, 2011
Churchill Downs Inc. plans to expand beyond pari-mutuel wagering should online gambling be legalized on the state or federal levels, company officials said March 15.
Tuesday, March 15, 2011Legislation calling for state licensing of advance deposit wagering companies advanced March 2 as Kentucky lawmakers try to get a handle on the fast-growing operations.
Thursday, March 03, 2011The Family Foundation of Kentucky, in an about-face, is attempting to slow the process by which a ruling on Instant Racing will be issued by the courts.
Wednesday, March 02, 2011The Virginia Senate has again approved legislation authorizing Instant Racing--wagering on historical races--but the bill's reception in the House remains uncertain.
Tuesday, February 08, 2011
A Kentucky circuit court judge has ruled draft regulations for Instant Racing "are a valid and lawful exercise" of the Kentucky Horse Racing Commission's statutory authority.
Wednesday, December 29, 2010A transition of simulcast signals to the DISH Network offers long-term positives for the horse racing industry -- including the possibility of new revenue -- but in the short term, the road has been a bit bumpy.
Wednesday, December 08, 2010The pari-mutuel industry could end up with some benefits should Congress opt to use legalization of Internet poker to help fund continuation of broad tax cuts agreed upon by Republicans and President Obama.
Tuesday, December 07, 2010A Nov. 19 discussion of proposed regulations for advance deposit wagering in Kentucky drew calls for disclosure of revenue and concerns over the impact ADW is having on purses in the state.
Friday, November 19, 2010Long-time racing industry executive Todd Bowker has been named general manager of Premier Turf Club, which operates a wagering platform that hubs through Oregon.
Wednesday, November 17, 2010
John Velazquez and Julien Leparoux are the co-second choices at 5-1 behind a 3-1 "mutuel field" for the 2010 Breeders' Cup Jockey Bet during the Nov. 5-6 World Championships at Churchill Downs.
Wednesday, November 03, 2010Halt Thoroughbred Inc.'s Van Nistelrooy Gal set a new record for a win payoff at Remington Park when the 5-year-old mare won a $7,500 claiming event at 141-1 the evening of Oct. 21.
Friday, October 22, 2010
Total pari-mutuel handle on United States racing through September 2010 was about $700 million behind the figure for the same period in 2009, according to the latest Thoroughbred Racing Economic Indicators.
Wednesday, October 06, 2010
Hialeah Park, a racetrack traditionally known for its high pari-mutuel takeout, has greatly reduced it to 12% across the board.
Wednesday, October 06, 2010
Widespread international simulcasts may be a goal of the United States horse racing industry, but it could be a pipedream unless numerous obstacles are overcome and there is a mindset change.
Friday, September 24, 2010Proponents of computer-assisted wagering sought Sept. 21 to dispel what they say are misconceptions -- and they also offered some advice to the struggling pari-mutuel industry.
Tuesday, September 21, 2010
At The Races and SIS won the exclusive right to license betting operations in Great Britain and Ireland for pari-mutuel wagering on the Nov. 5-6 Breeders' Cup World Championships.
Friday, September 10, 2010A bill that would not only increase takeout on exotic wagers in California but also introduce "exchange wagering" to the state has drawn opposition within the racing industry.
Saturday, August 21, 2010A 5% cap imposed by the Illinois Racing Board on account wagering fees charged by out-of-state racetracks to send their signals to customers in Illinois has led to a significant downturn in wagering from those sources.
Thursday, August 05, 2010
A group of creditors involved in the NYCOTB bankruptcy proceeding has suggested a number of changes, including a 1% surcharge on wagers, according to a June document.
Tuesday, July 27, 2010A New Jersey Assembly committee released a bill June 17 that would allow exchange betting on horse racing.
Thursday, June 17, 2010
How can handle numbers be so elusive in an industry as regulated as pari-mutuel wagering?
The pari-mutuel industry is taking steps to avoid disruptions to advance deposit wagering stemming from the Unlawful Internet Gambling Enforcement Act of 2006.
Saturday, June 05, 2010
Churchill Downs Inc. and MI Developments said May 14 they will dissolve TrackNet Media Group, a company formed to address signal pricing and distribution.
Friday, May 14, 2010
The United States Thoroughbred industry is making efforts to expand into the global marketplace but must get past its domestic-centric mindset, Breeders' Cup president Greg Avioli said April 26.
Monday, April 26, 2010The Greyhound racing industry has some words of advice for the horse racing industry: Pay attention to what's going on.
Tuesday, March 23, 2010
During the first full month of operation, slot machines at Calder Casino & Race Course placed third in pre-tax revenue among the five pari-mutuel casinos in southeast Florida.
Tuesday, March 09, 2010
Scientific Games Corp. has entered into a definitive agreement to sell its racing and venue management businesses to Great Britain-based Sportech Plc for about $75 million.
Thursday, January 28, 2010While some horse racing officials in Georgia believe a resolution that would allow horse racing and pari-mutuel wagering has a good chance of being approved, others oppose the proposal in its current form.
Wednesday, January 27, 2010
Churchill Downs Inc. has announced that the United States Justice Department has asked for more information related to its proposed $126.8-million deal to buy online rival Youbet.com.
Tuesday, January 26, 2010A state task force is recommending a series of changes in the law to address new competition for dwindling betting dollars and repair a situation that has created a damaging war in New York racing.
Monday, January 25, 2010Racing industry participants in Australia are seeking "certainty based on a fair return" from betting operators and have taken their case to a commission charged with helping government make better policies.
Wednesday, December 23, 2009
The Thoroughbred Racing Protective Bureau publicly acknowledged Dec. 17 its work on a "tote-enhancing initiative designed to address fan concerns with pari-mutuel wagering and improve efficiency and security in the future."
Thursday, December 17, 2009
Betfair, operator of the Great Britain-based betting exchange and owner of TVG, wants to work with the United States pari-mutuel industry to expand wagering opportunities, a top official with the company said Dec. 8.
Tuesday, December 08, 2009
Thoroughbred horsemen plan to meet with Betfair officials Dec. 7 to ensure they are party to contracts the Great Britain-based company is signing with United States racetracks for their content.
Sunday, December 06, 2009
Gregory Lamb, an auditor with the Colorado Division of Racing for the past 18 years, has been hired as supervisor of pari-mutuel wagering for the Kentucky Horse Racing Commission.
Monday, November 30, 2009