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.
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.
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.
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.
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.
TrackNet Media Group will be a content provider for AmericaTAB under an agreement announced April 18.
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.
Magna Entertainment Corp. is banking on legislation that would loosen state simulcasting laws and allow Portland Meadows to remain viable.
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.
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.
Magna Entertainment Corp. has threatened to discontinue operations at Portland Meadows in Oregon unless it receives concessions from the state legislature.
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.
Most Popular Stories
- Eluisve Gold Surprises Cape Guineas Field
- Slideshow: A Visit to WinStar Farm
- Ken Ramsey on Kitten's Joy
- TimeformUS: The Hollywood Park Swan Song
- Santa Anita Reducing Takeout on Daily Double
- Stallion Monba Represented by First Winner
- Calder Releases 2014 Partial Stakes Schedule
- That Handicapping Show: Dania Beach Stakes
- De La Cruz Soars at Tampa Bay With 4-Bagger
- No Deal Yet on Will Take Charge, Horton Says