New York's rules governing racetrack and off-track revenue-sharing took another twist Dec. 15 as state racing regulators ordered four downstate off-track betting corporations to pay millions of dollars to Yonkers Raceway.
Ellis Park officials said Oct. 27 the racetrack will shut down after Nov. 8 and suspend simulcast operations until April 1, 2010. The move affects 75 full- and part- time employees at the Western Kentucky track.
- By Tom LaMarra
Racing executives are listening to players, but not enough, according to a journalist and horseplayer. And one track executive who is willing to try some things believes the industry would balk and put up roadblocks. And so it goes in the pari-mutuel horseracing industry.
Keeneland was named the winner of the 2009 Simulcast Award Oct. 14 during the 17th annual International Simulcasting Conference in Saratoga Springs, N.Y. Keeneland also won the award, which honors the horse racing industry's best simulcast production, in 2003 and 2008. Keeneland's latest award was for its coverage of the Vinery Madison Stakes (gr. I) from April.
- By Tom LaMarra
In the opinion of a few of horse racing's customers, the sport has the best "video game" available but fails to capitalize on it.
- By Tom LaMarra
If the horseracing industry fails to make voluntary changes it has resisted for decades, the only things that may save it from doom are involuntary changes brought on by forces in the gambling and entertainment marketplace, officials said Oct. 13.
- By Tom LaMarra
Officials assembled for the International Simulcast Conference said Oct. 12 public perception, not integrity, is the primary problem for the industry's wagering systems.
The Kentucky Derby Challenge Stakes at Kempton in Great Britain, inaugurated in 2009 to award a Europe-based horse a berth in the Kentucky Derby Presented by Yum! Brands (gr. I), won't be held next year. But officials said it could return.
- By Tom LaMarra
This year's International Simulcast Conference will include a panel devoted to patrons' perspective on horse racing and wagering.
At the urging of the New York State Racing and Wagering Board, the New York Racing Association July 29 -- opening day of the Saratoga meet--authorized restoration of its televised signal to the in-home distribution network of Nassau Regional Off-Track Betting Corp.
A Maryland harness track July 15 was denied a temporary restraining order to force TrackNet Media Group and 15 other racetracks to provide it with Thoroughbred signals.
A 16.4% increase in average daily handle from out-of-state wagering outlets fueled an 8.9% jump in average daily handle from all sources during the spring meet at Pimlico Race Course.
A Maryland harness track that hasn't offered live racing in almost a year also lost its Thoroughbred simulcast rights April 28 when it was ordered by the Maryland Racing Commission to cease operations.
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.
A winter storm that has spanned half the country has led to cancellation of live racing and full-card simulcast programs at various tracks.
Beulah Park, locked in a dispute that centers on revenue from advance deposit wagering, intends to resume live racing Oct. 22 but with greatly reduced purses and no export of its signal outside of Ohio.
The Illinois Thoroughbred Horsemen's Association, which represents owners and trainers at Arlington Park and Hawthorne Race Course, and the Oregon Horsemen's Benevolent and Protective Association, comprised of horsemen competing at Portland Meadows, have voted to join the Thoroughbred Horsemen's Group.
Horse racing's problems, what its future could be, and a call to positive action figured prominently at the recent International Simulcast Conference in Florida.
Support for reform of the revenue model for advance deposit wagering continues to increase, but as evidenced Sept. 30 during the International Simulcast Conference, it's looking more and more like a long-term project.
This year's International Simulcast Conference opened Sept. 29 with some advice to the horseracing industry: Embrace the "whales" and computer-assisted wagering, and close some tracks to help improve the product at those that remain.
Michael Konik, author of The Smart Money: How the World's Best Sports Bettors Beat the Bookies Out of Millions, will address the subject of programmed wagering and offshore booking Sept. 29, first day of the International Simulcast Conference in St. Petersburg, Fla.
Calder Race Course has asked the Florida Division of Pari-Mutuel Wagering for permission to hold live racing four days a week, rather than five, during 11 weeks beginning Sept. 1.
The Thoroughbred Owners of California board of directors has unanimously endorsed the negotiating model created by the Thoroughbred Horsemen's Group, and has authorized the THG to represent the TOC in future simulcast negotiations, including in advance deposit wagering negotiations.
The Florida Horsemen's Benevolent and Protective Association and Churchill Downs Inc. are planning to meet June 9 to discuss contracts for CDI-owned Calder Race Course, where the financial impacts of a dispute are worsening each week.
The Southern Racing Cooperative has a new multi-year deal with the New York Racing Association on signal rates, a cooperative official said.
Calder Race Course and all other Florida tracks are facing the prospect of not receiving the signal for the May 17 Preakness Stakes (gr. I) and its Pimlico Race Course undercard.
The New York Racing Association and the Mid-Atlantic Cooperative have struck a signal-fee deal that will return the NYRA signal--currently from Belmont Park--to 16 East Coast racetracks and their affiliated off-track wagering outlets effective May 9.
Because of the dispute over simulcast fees and revenue, Calder Race Course will not offer wagering on the May 2 Kentucky Oaks (gr. I) and May 3 Kentucky Derby Presented by Yum! Brands (gr. I), as well as all other races on the two programs.
Another group of racetracks won't be importing the signal from Belmont Park beginning April 30 because they collectively have failed to strike a deal on signal rates with the New York Racing Association.
The Mid-Atlantic Cooperative, which represents 16 racetracks and their affiliated off-track wagering outlets, has failed to reach an agreement with the New York Racing Association on signal rates, which puts simulcast of races from Belmont Park in jeopardy.
Calder Race Course will open its 38th season April 21 with a schedule that again focuses on what it calls "big event day" Saturdays with multiple stakes. Calder's first highlight will be its inaugural Turf Million April 26, with four turf stakes with total purses of $1.15 million.
The Florida Horsemen's Benevolent and Protective Association said April 16 though advance deposit wagering remains a major issue, it believes there has been progress in other areas of contract talks for the Calder Race Course meet that begins April 21.
The Florida Horsemen's Benevolent and Protective Association has given the new national Thoroughbred Horsemen's Group authority to negotiate terms with advance deposit wagering companies for betting on races at South Florida Thoroughbred racetracks. Also, Florida horsemen want an agreement on slots revenue with Calder before any contracts are signed.
As Atlantic City Race Course prepares for a six-day all-turf meet, from April 23-25 and April 30-May 2, many observers believe it will be the last hurrah for the New Jersey track that opened in 1946.
Keeneland Race Course will offer simulcast wagering on the $21 million Dubai World Cup Day races, held Saturday, March 29, at Nad al Sheba Race Course in Dubai.
By Rep. Ed Whitfield - Three years ago, Congress examined the explosion of steroid use plaguing Major League Baseball. The integrity of the game was called into question and a dark cloud was cast over America's favorite pastime.
Gulfstream Park reported its all-sources pari-mutuel handle is down about 5% and on-track handle off 30% year-to-date through early March.
With the forecast calling for a severe winter storm, Aqueduct's live racing card for Feb. 22, has been canceled.
By Dan Farley - I was intrigued when I read in Daily Racing Form that of the top 30 finishers in a recent million-dollar handicapping contest in Las Vegas sponsored by the National Thoroughbred Racing Association, six were women.
- By Dan Liebman
By Dan Liebman - Years after Kent Hollingsworth's death, many issues he wrote about are still at the forefront.
After cutting its daily purses about 7% in early November, Calder Race Course quietly restored the money during the final weeks of its meet that ends Jan. 2. But questions concerning Calder and other South Florida tracks linger into the new year.
The New York Racing Association has entered into a content exchange agreement with TrackNet Media Group for 2008, NYRA officials said Dec. 28. In addition, NYRA has new deals with TVG and Youbet.com for the upcoming year.
Two Ohio racetracks that share the Columbus market have reached a new agreement on full-card simulcasts designed to aid patrons and perhaps their bottom lines.
The current pari-mutuel structure has captured the attention of state legislators who will discuss the situation--and whether or not they need to get involved--during the National Council of Legislators from Gaming States winter meeting Jan. 4-6, 2008.
The Horsemen's Benevolent and Protective Association of Ontario is the latest horsemen's group to join the Thoroughbred Horsemen's Group, which was established Dec. 5 to facilitate simulcast activities for horsemen and improve pari-mutuel economics.
The Thoroughbred Owners of California and Arkansas Horsemen's Benevolent and Protective Association have joined the new Thoroughbred Horsemen's Group, launched Dec. 5 to facilitate simulcast activities and improve the economics of the pari-mutuel model.
The year 2008 probably will bring some experimentation to Turfway Park, which has asked the Kentucky Horse Racing Authority for permission to switch from evening to daytime racing on Wednesdays and Thursdays during its three-month winter/spring meet.
Eight horsemen?s groups from around the United States have joined together to form a coalition designed to improve racing economics, specifically in the area of generating more purse revenue from interstate simulcasts.
Magna Entertainment Corp. has overhauled the ailing slots operation at its Gulfstream Park Racing and Casino complex by reducing the amount of machines it offers and expanding its simulcasting area.
By - Dan Liebman - It was an item that didn't draw many headlines. But, as Neil Armstrong so eloquently said about one small step, it can lead to a giant leap.
Most Popular Stories
- American Pharoah Gallops at Churchill
- Espinoza: TC Pursuit 'Different This Time'
- Frosted Scheduled for Belmont Stakes Run
- MarketWatch: American Pharoah's Stud Value
- Golden Eagle Partial Dispersal at Barretts
- Five Palms Making Stakes Debut in Los Angeles
- Love Me Only's First Foal a Stakes Winner
- American Pharoah to Stand at Ashford Stud
- Pletcher Horses Top Belmont Work Tab
- Frosted Continues Working Toward Belmont