TVG announced June 8 an agreement with TrackNet Media Group that allows its affiliated Web sites -- TwinSpires.com and XpressBet.com -- to accept online wagers on TVG-exclusive racetracks.
Monday, June 08, 2009
Customers of Philadelphia Park's advance deposit wagering system may not have access to Pimlico Race Course signals when the Maryland track opens its live meet April 18 as the result of an ongoing dispute with TrackNet Media Group, the head of the content company has confirmed.
Thursday, April 16, 2009
An agreement has been reached to allow wagering on Maryland Jockey Club racing by three leading advance deposit wagering companies, ending a standoff with horsemen that threatened to shut off related signals.
Tuesday, April 07, 2009
Philadelphia Park has been asked to cease handling account wagers on racing affiliated with TrackNet Media Group unless the Pennsylvania track signs a new licensing agreement with the content group.
Tuesday, March 10, 2009
Some Nevada casino racebooks are booking wagers on races from tracks affiliated with TrackNet Media Group after the content company recently cut off signals to the state over a contract dispute.
Thursday, January 29, 2009
Despite comments from TrackNet Media Group that negotiations are "going backwards" over issues involving racing signals to Nevada racebooks, the player on the other side of the table offered guarded hope matters can be resolved before a Jan. 25 cut-off deadline.
Friday, January 23, 2009
A dispute over hub-fee agreements has left some Churchill Downs Inc.-owned tracks and related off-track betting facilities without racing signals from California.
Tuesday, January 20, 2009
TrackNet Media Group has granted an extension of its racing signals to Nevada casinos following a meeting held Jan. 7.
Wednesday, January 07, 2009
TrackNet Media Group is poised to cut off its signals to more than 80 Nevada casinos Jan. 7 unless a new agreement is met for what the content company feels are more equitable fees.
Monday, January 05, 2009
Advance deposit wagering outlets owned by TrackNet Media, TwinSpires.com and XpressBet, as well as Youbet.com, will be taking bets on the upcoming 2009 Oaklawn racing season under an agreement announced Dec. 31.
Wednesday, December 31, 2008
In a high-stakes "game of chicken," the California Horse Racing Board pushed account wagering a little closer to the edge Nov. 18 when it declined to renew the licenses of the state's four Internet and telephone bet companies.
Wednesday, November 19, 2008
TrackNet Media Group said April 22 it doesn't like a proposal from horsemen that would allow advance deposit wagering companies the cards of the Kentucky Derby Presented by Yum! Brands (gr. I) and the Kentucky Oaks (gr. I), locking in place a stalemate over broader revenue sharing models.
Tuesday, April 22, 2008
Consider this chilling scenario: Customers of several advance deposit wagering companies - and possibly some large off-shore rebate shops - won't be able to place wagers on the Kentucky Derby Presented by Yum! Brands (gr. I) through those entities.
Friday, April 18, 2008
The Thoroughbred Horsemen's Group claims it wants advance deposit wagering entities to pay a fairer share into purse coffers, but those on the other side of the negotiating table claim the math simply doesn't add up.
Tuesday, April 15, 2008
The Thoroughbred Owners of California has given limited consent to New York's off-track betting corporations to accept wagers on California races, but is holding firm on its stance against allowing wagers from the companies'out-of-state account deposit wagering customers.
Tuesday, February 05, 2008
Jokes aside, there could be progress on the pari-mutuel pricing front if comments by industry officials are any indication.
Tuesday, January 08, 2008
The question of whether state legislators should become more involved in pari-mutuel pricing and distribution continues to be asked, and at this point, there doesn't appear to be an answer--at least a definitive one.
Saturday, January 05, 2008
A contentious standoff over Gulfstream Park's racing signal has brought a chilling end to any warm fuzzies felt from the recent broad distribution deals emerging out of California, New Jersey, and New York.
Friday, January 04, 2008
TrackNet Media Group and the New Jersey Sports and Exposition Authority have reached an agreement on content from Meadowlands and Monmouth Park for 2008.
Wednesday, December 26, 2007
The head of the National Horsemen?s Benevolent and Protective Association has suggested the horseracing industry create an entity to assist in the marketing and distribution of its product, in this case racing signals.
Wednesday, December 05, 2007
TrackNet Media Group is confident it will execute a contract to carry the Breeders' Cup World Championships signal, an executive with the content management company said Oct. 16.
Tuesday, October 16, 2007
Oaklawn Park has signed an agreement to allow TrackNet Media Group to manage the track's simulcast sales, it was announced Oct. 15.
Monday, October 15, 2007
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
The chairman of the California Horse Racing Board called for the commission to require that account wagering providers share track betting content as a condition of future licensing.
Thursday, September 27, 2007
The president of a Louisiana horsemen's group has promised legal and legislative action if a solution isn't soon realized in the fractured advance deposit wagering industry.
Friday, September 14, 2007
A group of bettors frustrated with the fractured structure of advance deposit wagering are planning protests against racing entities they believe are responsible for the industry sector's ills.
Wednesday, August 22, 2007
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
Horsemen are calling for an end to the stalemate over account wagering; and even though providers say they want it to end as well, there doesn't appear to be a resolution in sight.
Saturday, July 21, 2007
In response to a release and teleconference by Youbet.com Monday concerning an impasse in its negotiations with TrackNet Media Group over account deposit wagering, Scott Daruty, chief executive officer of TrackNet Media Group, released a statement outlining his company's position.
Tuesday, April 24, 2007
TrackNet Media Group will be a content provider for AmericaTAB under an agreement announced April 18.
Thursday, April 19, 2007
TVG viewers won't be getting what they wanted most for Christmas -- to watch and wager on races from Santa Anita Park starting with the new season on Dec. 26.
Saturday, December 23, 2006
Magna Entertainment Corp. is banking on legislation that would loosen state simulcasting laws and allow Portland Meadows to remain viable.
Thursday, February 24, 2005
Attorneys for Magna Entertainment Corp. filed countersuit in Multnomah County Circuit Court in Oregon Feb. 18 to formally answer a $1-million breach-of-contract action brought against the company by the Oregon Greyhound Association.
Thursday, February 24, 2005
The Oregon Greyhound Association filed a $1-million lawsuit against Magna Entertainment Corp. Jan. 20, alleging breach of contract for the company's failure to renew its operating lease for Multnomah Greyhound Park and for canceling the 2005 dog racing season.
Wednesday, January 26, 2005
Magna Entertainment Corp. has threatened to discontinue operations at Portland Meadows in Oregon unless it receives concessions from the state legislature.
Friday, January 21, 2005
Bay Meadows, thought to be starting what could have been its final year of operation on April 7, figures to be around for quite a bit longer.
Friday, March 26, 2004