Pari Mutuel Wagering

News, Articles, Videos and other content about Pari Mutuel Wagering

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.

Louisiana HBPA Says No to TVG Exclusive Deal

The Louisiana Horsemen's Benevolent and Protective Association has decided not to consent to the sending of the signal from Evangeline Downs Racetrack & Casino to TVG under the current exclusive arrangement between the track and racing network.

CDI Approved to Operate Wagering Hub in Oregon

Churchill Downs Inc. has received approval to operate an account wagering hub in Oregon and plans to have its new betting service, twinspires.com, operational before the spring meet begins at Churchill Downs April 28.

South Africa Makes Commingled Bets on U.S. Races

Bettors in South Africa were able to wager directly into a United States pool March 27 when the full card from Philadelphia Park Casino & Racetrack was made available at racecourses, off-track betting outlets, and through an account wagering system.

Youbet.com Says CDI-MEC Partnership a Positive

Account wagering provider Youbet.com said it applauds the partnership between Churchill Downs Inc. and Magna Entertainment Corp. because it should assist in wagering growth.

KTDF Endorses Handle and Tax Information System

A handle and tax information system was unanimously endorsed by the Kentucky Thoroughbred Development Fund and will be recommended to the Kentucky Horse Racing Authority at its March meeting, it was decided Feb. 28. Funds for the software will most likely come out of the $1.2 million Kentucky Gov. Ernie Fletcher has recommended the state legislature approve in additional funding for the authority.

Lawsuit Against NJSEA, TVG Dropped by Horsemen

A Standardbred horsemen's group in New Jersey said it has dropped a lawsuit against the New Jersey Sports and Exposition Authority and TVG after the parties resolved their differences regarding interstate wagering on Meadowlands harness races.

TRPB Has Deal to Acquire More Betting Information

The Caliente Group, which operates Agua Caliente in Mexico and is a major race and sports book operator, will be sharing information on betting activities with the Thoroughbred Racing Protective Bureau.

Account-Bet Dispute Lingers; CHRB May Act

The simmering dispute between the organization representing California's horse owners and the racing television and wagering network TVG appeared unlikely to be resolved heading into the Oct. 26 meeting of the California Horse Racing Board.

Internet Betting Amounts to a Tricky Opportunity

Internet Betting Amounts to a Tricky Opportunity

Passage of the Illegal Internet Gambling Enforcement Act may contain protection for pari-mutuel horse racing, but it also could create some obstacles in the future, officials said Oct. 16 during the opening session of the International Simulcast Conference in Philadelphia.

Technical Woes Lead Belmont to Postpone Pick 6

Friday's Pick 6 at Belmont Park was postponed until Saturday because of continued technical problems with Verizon's fiber lines. There is a Pick 6 carryover from Thursday of $456,860.97.

Account-Bet Dispute Addressed; Signal Available

The Ohio Horsemen's Benevolent and Protective Association has indicated Thistledown is authorized to send its signal to Youbet.com, but the California account wagering company has indicated it may not be willing to offer the signal.

Schedule Set for Simulcast Conference in Philadelphia

Changing consumer standards will be the theme at the 14th International Simulcast Conference Oct. 16-18 in Philadelphia. The conference will feature sessions on the impact of Internet wagering, the disparity between commercial television and simulcast signal quality, and heightened concern about equine welfare issues.

Account-Bet Licensing Fees Fuel Illinois Dispute

A simmering dispute over licensing fees tied to account wagering has flared up in Illinois, where horsemen have pulled the Arlington Park signal from TVG in an attempt to get the signal from the upcoming meet at Hawthorne Race Course available through Youbet.com.

Stronach Touches on New York, Partnership With CDI

Magna Entertainment Corp. chairman Frank Stronach indicated his company hopes to be involved in New York racing on some level, and that it also is working with Churchill Downs Inc. on projects that will benefit the two companies and the industry at large.

South American Simulcast Program Gets Under Way

Charlson Broadcast Technologies and affiliated groups have announced the opening South American off-track betting parlors and agencies that will commingle wagers in the United States and return percentages of revenue to the racing industry.

Again, No Apparent Handle on Pari-Mutuel Handle

A two-hour discussion on account wagering and secondary pari-mutuel operations July 14 again revealed horsemen have knowledge of situations that suck revenue from purse accounts, but no definitive national strategy to recoup the money.

Horse Racing Safe as Internet Gambling Ban Passes

The United States House of Representatives passed the Internet Gambling Prohibition and Enforcement Act July 11 by a vote of 317-93, but defeated an amendment that would extended the proposed ban on Internet gambling to horse racing and state lotteries by apparently superseding existing federal law.

Horsemen Establish Wagering Operation in Nevada

The International Horsemen's Wagering Assurance Group, which intends to recapture pari-mutuel revenue and funnel it to horsemen, jockeys, and racetracks, announced it has officially opened a secondary pari-mutuel operation with a hub in Las Vegas and call center in Curacao.

Most Popular Stories