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.
A July 21 mediation session with a member of the Oregon Racing Commission yielded no agreement in a standoff between TVG and Portland Meadows on source-market fees, although progress was reported.
A federal lawsuit between Youbet.com and several entities associated with Virginia racing has been settled, resulting in a renewed effort by the advance deposit wagering company to become licensed in the state.
Kentucky racetracks and horsemen's groups will have to hammer out a new agreement on source-market fees now that Churchill Downs Inc. no longer has an exclusive agreement with account wagering provider TVG.
The Ohio Horsemen's Benevolent and Protective Association has indicated Thistledown is authorized to send its signal to Youbet.com, but the California account wagering company has indicated it may not be willing to offer the signal.
Racetracks and horsemen in Ohio have signed an agreement that allows River Downs to offer its signal to account-wagering services effective Sept. 2, a track official said.
The Ohio Horsemen's Benevolent and Protective Association and Beulah Park have struck a deal on revenue splits for account wagering, but the chief negotiator for the horsemen's group called it a big-picture issue that needs attention and leadership on the national level.
The Ohio State Racing Commission Feb. 19 deferred action on a request from the Ohio Horsemen's Benevolent and Protective Association to withhold Thoroughbred signals that originate in the state from account wagering companies. It scheduled a hearing for March 1 to further discuss the issue.
The National Horsemen's Benevolent and Protective Association, in a white paper on simulcasting, has called for tighter security in the export of signals as well as a review of domestic and international wagering hubs.
The National Horsemen's Benevolent and Protective Association, in an attempt to solidify revenue derived from pari-mutuel wagering, will soon release a comprehensive position paper that touches on everything from source-market fees to rebates.
Account wagering by TV Games Network subscribers generated an additional $440,000 in source-market fees for Kentucky horsemen and racetracks since October. The money, distributed this week, raises the total fees generated by the horse racing network to $1.95 million since September 1999.
The money comes from wagering in Kentucky, primarily the Louisville market, through the TV Games Network.
- By Ray Paulick
California Gov. Gray Davis is a pro-labor Democrat who has spoken out in opposition to the expansion of gambling in his state. That's why a bill passed in the waning hours of the 2000 California legislative session poses something of a dilemma to the first-term governor.
Most Popular Stories
- Steve Haskin's Derby Dozen for March 31, 2015
- Fracture Knocks Far From Over Off Derby Trail
- Carpe Diem Back at Keeneland for Blue Grass
- Judy the Beauty Heads Busy Work Tab for Ward
- Peace and War Returns for Ashland
- Korean Stallion Sharp Humor Dies in Accident
- Stopchargingmaria Makes 2015 Debut in Madison
- Roberta 'Bobbie' Croll Dies at Age 94
- Churchill Names New Track Superintendent
- Laurel's Average Handle Rises for Winter Meet