BloodHorse.com | Horse Racing News

BloodHorse.com Articles for "racing services"

Regulator Lauded for Assistance in Racing Services Case

Paul Bowlinger, who will become executive vice president of the Association of Racing Commissioners International Jan. 1, 2006, has received a certificate of appreciation from the U.S. Department of the Treasury Internal Revenue Service, Criminal Investigative Division, for assisting law enforcement personnel in the Racing Services Inc. case in North Dakota.

 Friday, December 16, 2005

Racing Services Founder Reports to Prison

A few days after a federal judge denied granting her a new trial, Susan Bala, the founder and former president of North Dakota's Racing Services Inc., reported to prison Sept. 30 to begin serving a 27-month sentence.

 Friday, October 07, 2005

Funding Woes Jeopardize North Dakota Track

The North Dakota Racing Commission is running out of money to subsidize the racetrack at the North Dakota Horse Park in Fargo, and the track may not survive without new revenue streams, a track official said.

 Wednesday, April 06, 2005

Jurors: Racing Services Must Forfeit $99M

Racing Services, the North Dakota wagering company convicted of illegal gambling, must forfeit about $99 million, the amount authorities said was wagered at an unlicensed site operated by the company.

 Tuesday, February 08, 2005

CDI Cuts Off Betting Services, Tightens Standards

Churchill Downs Inc. has suspended its business relationship with wagering services named in an indictment over alleged illegal gambling and race-fixing, and also is tightening standards for all account wagering services that take signals from the company's racetracks.

 Thursday, January 20, 2005

Racing Services Assets May be Sold

A bankruptcy judge is considering a motion to sell off the assets of Racing Services Inc. and put the money toward claims from creditors, including $6.5 million in uncollected state taxes.

 Friday, June 04, 2004

Judge Issues Defense Deadline in RSI Trial

U.S. District Court Judge Ralph Erickson says he will stick to an Aug. 23 trial date for Racing Services Inc., even though three of the four defendants don't have lawyers.

 Friday, April 23, 2004

North Dakota Wants RSI Bankruptcy Case Dismissed

A North Dakota judge has been asked by state Attorney General Wayne Stenehjem to dismiss the Racing Services Inc. bankruptcy case filed by owner Susan Bala because the wagering-company was under the control of a state-appointed receiver at the time of the filing.

 Tuesday, March 09, 2004

Lawyer Dismissed in RSI Case; Bala Files Bankruptcy

The attorney representing Racing Services Inc. official Raymundo Diaz was removed from the case by a U.S. District judge Thursday because of a conflict of interest. In other developments, Racing Services founder Susan Bala filed for Chapter 11 bankruptcy protection on behalf of the company.

 Friday, February 06, 2004

Racing Services Trial Delayed

The trial of embattled North Dakota wagering company Racing Services Inc. has been delayed from Feb. 23 to late August.

 Thursday, January 29, 2004

Racing Services Officials Appear in Court

A preliminary hearing has been set in North Dakota state court for two executives of a Fargo horse-betting company who are accused of running an illegal off-track betting site.

 Friday, January 09, 2004

Racing Services Denied Simulcast License

Racing Services Inc. was denied a renewal of its North Dakota simulcasting license, amid worries about the future of a business that is facing federal felony charges and the possible seizure of its property.

 Monday, December 22, 2003

Racing Services Founder Pleads Not Guilty; Files Motion to Dismiss

Racing Services founder Susan Bala and vice president Raymundo Diaz pleaded not guilty in U.S. District court Thursday to charges of conspiracy to conduct an illegal gambling business and money laundering.

 Thursday, December 18, 2003

North Dakota Commission Meeting Postponed

The North Dakota Racing Commission meeting scheduled for Thursday, which was to include a decision on whether Racing Services would be renewed as the state's simulcasting provider, has been postponed. A decision to reschedule the meeting should be made Friday, a spokesperson said.

 Thursday, December 18, 2003

Bala Ousted from Racing Services

Susan Bala, founder and owner of Racing Services Inc. in North Dakota, has been removed from the company's day-to-day operations at the request of state attorney general Wayne Stenehjem.

 Monday, November 17, 2003

North Dakota Commission May See Changes

State officials in North Dakota are calling for changes to the commission that oversees horse racing and a wagering business under investigation by state and federal authorities.

 Tuesday, October 14, 2003

Racing Services Pays $1.5 Million in Overdue Taxes

Racing Services Inc. said on Saturday it made a state-imposed deadline to pay the North Dakota Racing Commission about $1.5 million in overdue taxes.

 Wednesday, August 20, 2003

Racing Services Files Complaint Against Consultant

Racing Services Inc., North Dakota-based wagering company, has filed a complaint against Stevenson & Associates for alleged restraint of trade and monopolization in connection with off-track betting parlors in Mexico and Venezuela.

 Wednesday, July 30, 2003

Racing Services Defends Action to National HBPA

A memorandum circulated by the Horsemen's Benevolent and Protective Association earlier this month that questioned the business practices of Racing Services Inc. may lead to a meeting in Las Vegas between the two entities.

 Thursday, July 24, 2003

Horsemen to Consider Operating Offshore Betting Hub

The National Horsemen's Benevolent and Protective Association, in an effort to thwart what it believes is a growing problem with the piracy of signals and subsequent loss of revenue, plans to discuss the possibility of operating its own offshore wagering hub.

 Monday, July 14, 2003

North Dakota Poised to Cut Betting Revenue to State

North Dakota lawmakers have passed legislation that will substantially reduce the state's share of revenue from pari-mutuel wagering.

 Tuesday, April 29, 2003

Racing Services Creating Global Online Wagering Network

A Mexican subsidiary of simulcast service provider Racing Services of Fargo, N.D., is creating an international online wagering service. The Global Pari-Mutuel Network will be created with a subsidiary of Orbis Development, which handles electronic financial transactions for banks and merchants worldwide.

 Thursday, October 25, 2001

Churchill, Others Seek Payments from Hialeah

Churchill Downs Inc. has filed a lawsuit in Miami-Dade, Fla., Circuit Court alleging that Hialeah Park has failed to make payments of approximately $185,000 in simulcast fees. Meanwhile, a North Dakota wagering company and South Florida horsemen also are seeking money from the racetrack.

 Sunday, July 29, 2001

Fargo Racetrack Gets Conditional Support

Supporters of a Fargo racetrack got a $1 million commitment from the North Dakota Racing Commission Wednesday. The commitment, however, has strings attached.

 Friday, December 29, 2000