Randy Evers

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Progress Reported in Oregon Negotiations

Progress Reported in Oregon Negotiations

A July 21 mediation session with a member of the Oregon Racing Commission yielded no agreement in a standoff between TVG and Portland Meadows on source-market fees, although progress was reported.

ADWs will Argue for Oregon Licenses

ADWs will Argue for Oregon Licenses

Two advance deposit wagering companies operating through the hub system in Oregon recently had their annual license renewals tabled by the state's racing commission, but will be able to rectify the situation at an upcoming July 17 meeting.

Youbet to Close IRG

Youbet to Close IRG

Youbet.com will close its troubled off-shore telephone wagering entity International Racing Group, according to a Feb. 13 filing with the U.S. Securities and Exchange Commission.

IRG: Some Customers Being Paid

IRG: Some Customers Being Paid

A spokesman affiliated with Youbet.com says certain customers of subsidiary International Racing Group have received funds owed by the off-shore rebate shop, which is part of an investigation being conducted by the federal government.

IRG Contests Oregon Suspension

IRG Contests Oregon Suspension

International Racing Group has contested a decision by the Oregon Racing Commission to suspend its state operating license, and will continue to conduct business through its hub pending an administrative law hearing.

IRG Faces License Suspension in Oregon

IRG Faces License Suspension in Oregon

The Oregon Racing Commission has notified International Racing Group that it intends to suspend its state operating license as an advance deposit wagering company, but parent company Youbet.com says it is working to prevent such an event.

Oregon Calls Meeting to Discuss IRG Licensing

The Oregon Racing Commission is looking into whether there are any statutory licensing actions to be taken against International Racing Group, which has had $1.5 million in funds seized by federal authorities.

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