Woodbine Entertainment Group announced July 2 that Canadian wagers on Balmoral Park, a Chicago-based harness track, will for the first time be combined with the U.S. host track's pools, giving customers in both countries the same winning payout prices.
Woodbine Entertainment Group, owner of Canada's largest racetrack, has filed applications that would allow its customers to place wagers directly into common pools at two tracks in the United States--The Meadowlands in New Jersey, and Calder Race Course in Florida. Similar applications for New York and California are slated to follow, said Steve Mitchell, WEG senior vice president and chief financial officer.
Woodbine Entertainment Wednesday issued a strong rebuke to the Canadian Pari-Mutuel Agency's (CPMA) decision to ban North American bets such as the superfecta and pick four in the wake of the Breeders' Cup Ultra Pick Six scandal.
The betting public will receive larger payoffs when wagering at Woodbine. The Toronto-area track is reducing takeout by 1% for exactor and daily double wagers on foreign race betting.
Plans by Woodbine Entertainment to offer a guaranteed Pick Six wagering during the month of September have been nixed by the Canadian government's regulatory body
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