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BloodHorse.com Articles for "Rgs"

Horsemen Seek Involvement in Betfair Deals

Horsemen Seek Involvement in Betfair Deals

Thoroughbred horsemen plan to meet with Betfair officials Dec. 7 to ensure they are party to contracts the Great Britain-based company is signing with United States racetracks for their content.

 Sunday, December 06, 2009
Jury Out on Rebates, Computer Bets

Jury Out on Rebates, Computer Bets

There may not be imminent decisions in the ongoing debate over high-volume betting shops and computer-assisted wagering. The industry remains split on mechanisms that have increased or shifted pari-mutuel handle, depending on the point of view.

 Friday, January 25, 2008
Several ADWs Don't Have Breeders' Cup Contracts Yet

Several ADWs Don't Have Breeders' Cup Contracts Yet

Several advance deposit wagering companies have yet to secure contracts for the Breeders' Cup World Championships, a consultant said Oct. 15.

 Monday, October 15, 2007

TrackNet Announces Agreement with Elite Turf and RGS

TrackNet Media Group will allow customers of Elite Turf Club and Racing & Gaming Services who wager $1 million or more annually to receive rebates on TrackNet races, the racetrack content company announced Aug. 1.

 Wednesday, August 01, 2007

Betfair Official Says U.S. Racing Could Make Millions

Betfair, the rapidly growing exchange-wagering provider based in Great Britain, believes it could provide up to $50 million in new revenue for itself, racetracks, and horsemen by 2008 should it be permitted to operate in the United States.

 Friday, May 05, 2006

Keeneland Shuts Out Five Wagering Outlets

Keeneland will not make its live racing available for simulcasting to five outlets located both inside and outside of the United States. The official announcement was made Friday, the opening day of the 16-day meeting in Lexington.

 Friday, April 08, 2005

High-Volume Shops Make Case As Wagering Study Continues

As the National Thoroughbred Racing Association Wagering Systems Task Force prepares to hear recommendations on ways to address the "handle up, purses down" situation, operators of high-volume betting shops believe they might be a target and suggest that, as generators of up to 15% of annual handle in North America, they should be directly involved in the process.

 Thursday, May 27, 2004

California Won't Order RGS Curb on Lewiston Hub

California regulators decided Feb. 20 that they will hold off on considering a cutoff of wagering at post time from betting through the Lewiston, Maine simulcast hub, which processes wagers for rebating giant Racing and Gaming Services.

 Friday, February 20, 2004

In California, a Call for Rebates, Pari-Mutuel Overhaul

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.

 Monday, March 17, 2003

Churchill Strikes Deal with Off Shore Business

Churchill Downs announced Friday that it will provide simulcast accounting services to Racing and Gaming Services, a company on the Caribbean island of St. Kitts that handles wagers on Thoroughbred, harness, and Greyhound races.

 Friday, May 18, 2001