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Philly Park Prepares to Enter the Big Time

  • News

Purses for July at Philadelphia Park averaged just under $120,000 a day, but in a year, they will be almost twice that amount, with much more growth expected when revenue from slot machines begins pouring in.

MEC Move Creates Account-Wagering Dilemma

  • News

Magna Entertainment Corp. initiated restrictions upon or pulled its live racing signals from most account-wagering services effective Dec. 26, and at least one operator isn't happy about the developments.

The Racing Channel Plans International Wagering

  • News

The Racing Channel, an online handicapping and odds service with links to Philadelphia Park's Phonebet service, was granted approval to operate a "multi-jurisdictional simulcasting and interactive wagering totalizator hub" in Oregon. The approval includes an international marketing service that would take wagers from the United Kingdom through legal bookmakers.

Philly Park Now Offers Internet Betting

Customers of the Philadelphia Park Phonebet system can now use the Internet to make wagers. Greenwood Racing, which owns the Pennsylvania racetrack, has unveiled "Phonebet.com," a Web site for computerized betting. Users can watch live odds, the live race feed, and make bets simply by using their mouse.

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