Pari Mutuel Wagering

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Calder On-Track Handle Down 24%

Calder On-Track Handle Down 24%

On-track handle at Calder Race Course fell 24% during the 2007 portion of its Tropical meet, according to data obtained from the Florida Division of Pari-Mutuel Wagering. Calder's simulcast handle fell 26% compared with the same period in 2006.

Pols Reluctant to Tackle Pricing

The question of whether state legislators should become more involved in pari-mutuel pricing and distribution continues to be asked, and at this point, there doesn't appear to be an answer--at least a definitive one.

Official: Industry Security Lacking

The head of a national organization of regulators told legislators Jan. 4 issues related to pari-mutuel integrity and security need "serious attention," and alleged available resources are being neglected.

Calder, Others Face Issues in 2008

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Calder, Others Face Issues in 2008

After cutting its daily purses about 7% in early November, Calder Race Course quietly restored the money during the final weeks of its meet that ends Jan. 2. But questions concerning Calder and other South Florida tracks linger into the new year.

NYRA Has New Content Deals for 2008

NYRA Has New Content Deals for 2008

The New York Racing Association has entered into a content exchange agreement with TrackNet Media Group for 2008, NYRA officials said Dec. 28. In addition, NYRA has new deals with TVG and Youbet.com for the upcoming year.

Legislators Eye Pari-Mutuel Model

The current pari-mutuel structure has captured the attention of state legislators who will discuss the situation--and whether or not they need to get involved--during the National Council of Legislators from Gaming States winter meeting Jan. 4-6, 2008.

HBPA of Ontario Joins New Coalition

The Horsemen's Benevolent and Protective Association of Ontario is the latest horsemen's group to join the Thoroughbred Horsemen's Group, which was established Dec. 5 to facilitate simulcast activities for horsemen and improve pari-mutuel economics.

KHRA Studies Past-Posting Incident

KHRA Studies Past-Posting Incident

The Kentucky Horse Racing Authority will form a subcommittee to investigate an incident in which wagering on a Fair Grounds race at Keeneland remained available while a race was in progress, officials said Dec. 17.

Horsemen's Groups Form Coalition

Eight horsemen?s groups from around the United States have joined together to form a coalition designed to improve racing economics, specifically in the area of generating more purse revenue from interstate simulcasts.

Internet Gambling Debate Lingers

Efforts to formulate regulations for the Unlawful Internet Gambling Enforcement Act of 2006 continue to be shadowed by a conflict between the United States and other countries over a trade dispute.

Wanted: A Better Pari-Mutuel Model

The head of the National Horsemen?s Benevolent and Protective Association has suggested the horseracing industry create an entity to assist in the marketing and distribution of its product, in this case racing signals.

Technology, Handle Revenue on Conference Agenda

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The 15th International Simulcast Conference in Kansas City, Mo., Sept. 17-19 will focus on the impact of 21st-century technology on the pari-mutuel industry and the wagering routine of North American bettors.

New York Governor Vetoes Rebate Legislation

New York Governor Vetoes Rebate Legislation

New York Gov. Eliot Spitzer has vetoed legislation advocates said would have made it easier for tracks and off-track betting corporations to begin bettor rebate programs as a way to compete with off-shore entities and others in the pari-mutuel wagering industry.

Content Providers on National HBPA Agenda

Content Providers on National HBPA Agenda

The National Horsemen's Benevolent and Protective Association will address distribution of racing content, equine drug testing, and health insurance during workshop discussions at its summer convention scheduled for July 19-22 in Williamsburg, Va.

'Integrity' Report Released; Rebate Shops a Concern

A report by the New York Office of Inspector General to Gov. Eliot Spitzer lists four "general areas of concern" among the four entities seeking the franchise to operate Aqueduct, Belmont Park, and Saratoga, including relationships with rebate shops and bookmakers who take bets on racing from the United States.

Horsemen: Don't Hold Triple Crown Races 'Hostage'

Major horsemen's groups have banded together to ask racetracks and account wagering providers to make the Triple Crown races available to all wagering services in light of a conflict that is spreading ill will as horse racing's most prominent and lucrative day approaches.

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