The National Horsemen's Benevolent and Protective Association's board of directors will decide Jan. 18 whether to endorse an updated "white paper" on simulcasting, but it won't decide--at least for several months--its position on high-volume rebate operations.
The task force formed to look at why handle is up but purses are down ended up producing a report that tackles other issues such as disclosure of information from wagering outlets, technological limitations in tote systems, and the need for a secure database of wagering information.
The National Thoroughbred Racing Association Players' Panel, formed in the wake of the Breeders' Cup Ultra Pick 6 fraud of 2002, has issued policy recommendations on subjects of "serious concern and importance" to pari-mutuel customers.
Despite concerns the association's signal would be sent to wagering outlets that offer rebates, and the fact there is no contract yet with horsemen, the California Horse Racing Board Oct. 23 approved an application by the Los Angeles Turf Club for its Santa Anita Park meet that begins Dec. 26.
The NTRA Players Panel is fashioning position papers on several issues that impact horse racing and wagering, including the integrity of pools, rebating, pari-mutuel takeout, withholding taxes, and customer service.
A track operator and a leading handicapper at an Albany Law School conference Aug. 5 were unable, not surprisingly, to agree whether the growing use of rebates in the racing industry is a good thing.
California Horse Racing Board chairman Roger Licht said he favors changing state law to allow the pari-mutuel industry to pay rebates to its customers.
California regulators, in an effort to stop out-of-state account wagering operators from taking bets from state residents, have excluded the Coeur d'Alene Casino in Idaho from importing upcoming meets at Bay Meadows and Hollywood Park. The manager of the casino said the situation would be resolved.
The topic of rebates, and whether they are good for the pari-mutuel industry, headed the opening day of the International Simulcasting Conference in Bal Harbour, Fla. Nearly 400 individuals representing more than 200 different organizations registered for the annual meeting.
Most Popular Stories
- American Pharoah Has Lone Churchill Breeze
- Blazing Speed Wins QE II Cup in Hong Kong
- Two Derby Hopefuls Boast Derby-Winning Sires
- Calumet Farm: The Rebirth of a Legend
- Dortmund Runs Easy in Final Derby Drill
- Mubtaahij in 'Missed Work' at Arlington
- Carpe Diem Solid in Final Pre-Derby Work
- No Catching Cinco Charlie in William Walker
- StarLadies On Oaks Trail With Eskenformoney
- Effinex Wins Excelsior, Wicked Strong Third