The topic of late odds changes continues to shadow the pari-mutuel industry.
An experiment by which the blended pari-mutuel takeout rate at Laurel Park was cut in half proved popular in theory but not at the betting windows. But was it a bust?
The 15th International Simulcast Conference in Kansas City, Mo., Sept. 17-19 will focus on the impact of 21st-century technology on the pari-mutuel industry and the wagering routine of North American bettors.
A few consultants and racing executives said they believe the product of horse racing is fine, but the industry as a whole may not know what to do with it.
Tom Aronson, one of the architects of the TVG racing network business plan in the late 1990s, has been hired as vice president of Churchill Downs Inc. to focus on development and innovation of the product.
Positives for a methamphetamine-like drug in racehorses have several laboratories and investigators working to determine its origin.
The Caliente Group, which operates Agua Caliente in Mexico and is a major race and sports book operator, will be sharing information on betting activities with the Thoroughbred Racing Protective Bureau.
This year's International Simulcast Conference will be held in Kansas City, Mo.
The Jockeys' Guild is protesting the banning of jockeys at racetracks in Florida and Pennsylvania and said the tracks have a "constitutional obligation" to let the riders return to work.
Jockeys in California, concerned over the rising costs of insurance offered by the national Jockeys' Guild, are looking elsewhere for alternative coverage, though they're continuing talks with Guild management, several California jockeys confirmed Dec. 12.
The Jockeys' Guild has outlined a five-point plan for 2007 that primarily focuses on financial matters, but it also has made a strong call for solidarity among the membership and heightened political action in individual states and Washington, D.C.
Passage of the Illegal Internet Gambling Enforcement Act may contain protection for pari-mutuel horse racing, but it also could create some obstacles in the future, officials said Oct. 16 during the opening session of the International Simulcast Conference in Philadelphia.
Changing consumer standards will be the theme at the 14th International Simulcast Conference Oct. 16-18 in Philadelphia. The conference will feature sessions on the impact of Internet wagering, the disparity between commercial television and simulcast signal quality, and heightened concern about equine welfare issues.
The Thoroughbred Racing Protective Bureau announced Aug. 20 that it has contracted with InCompass Solutions Inc. to provide information technology services that better enable TRPB to perform wagering analysis and conduct racing and wagering investigations through the monitoring of betting data.
Derron Heldt, John Finamore, and Mark Midland were elected directors of the Thoroughbred Racing Associations at the organization's board of directors meeting Aug. 18 in Saratoga Springs, N.Y.
J. Curtis Linnell, who has been employed by the Thoroughbred Racing Protective Bureau as a wagering analyst since 2003, has been appointed director of wagering analysis for the organization.
The Thoroughbred Racing Associations will host a one-day meeting for head starters April 11 at Keeneland in Lexington. The meeting will provide a forum for the discussion of issues, as well as the exchange of ideas and best practices, for head starters and will be complemented by the perspectives of jockeys, trainers, and track management.
The Association of Racing Commissioners International is circulating a draft overhaul of model rules governing wagering that would require, among other things, validation of all wagers by the host racetrack and transparency of all wagering activity to regulators.
The Thoroughbred Racing Associations is the latest organization to step up efforts regarding wagering security.
Representatives of operations that have or will have gaming at racetracks left little doubt which half of the equation drives the financial engine, and they indicated marketing horse racing as an entertainment option rather than a gambling enterprise may be the way to go.
The Internet, big-event days, and human-interest stories that appeal to the general public could help horse racing maintain and perhaps grow its fan base, journalists said during a Feb. 8 panel discussion at the Racing Congress in Las Vegas.
The 2006 International Simulcast Conference will be held in Philadelphia, Pa., Oct. 16-18, the Thoroughbred Racing Associations has announced.
The 2006 International Simulcast Conference will be held at the Sheraton Society Hill Hotel in Philadelphia on Oct. 16-18.
Racetrack officials met with the new leadership of the Jockeys' Guild Dec. 1 to discuss "issues of mutual concern," according to a Guild release.
Del Mar Thoroughbred Club received the 2005 Simulcast Award Tuesday at the annual International Simulcast Conference being held this week in La Jolla, Calif., near San Diego.
The Thoroughbred Racing Associations, co-sponsor of the International Simulcast Conference, has secured the Hilton La Jolla Torrey Pines in California as the new location for its 13th annual conference on simulcasting. The devastating effects of Hurricane Katrina to New Orleans, the conference‚s original site, forced the relocation.
The Thoroughbred Racing Associations is attempting to find a new location for its International Simulcast Conference, which was to take place in hurricane-ravaged New Orleans in about a month.
Computerized wagering will be the focus of this year's International Simulcast Conference, scheduled for Oct. 3-5 in New Orleans.
North American racetracks hosting lemonade stands on Belmont Stakes Day collectively raised more than $114,000 to benefit Alex's Lemonade Stand For Pediatric Cancer Research, the charity founded by Alexandra "Alex" Scott in 2000.
The question "What's in a name?" may have first been pondered by William Shakespeare, but Chuck Zacney, a partner in the Philadelphia-area Cash is King Stable, must have wondered the same thing when he first read the story of Alexandra "Alex" Scott.
Support for Alex's Lemonade Stand continued to grow June 3 with the announcement that more racetracks in North America--even an account wagering service--had committed to host stands June 11, the day of the Belmont Stakes (gr. I).
Alex's Lemonade Stand will be raising money for childhood oncology at Thoroughbred Racing Association tracks across the nation June 11, as Afleet Alex seeks to follow up his dramatic Preakness Stakes (gr. I) victory with a win in the Belmont Stakes (gr. I), the third jewel in the Visa Triple Crown.
Corey S. Johnsen, president of Lone Star Park at Grand Prairie and Remington Park, was elected the 32nd president of the Thoroughbred Racing Associations (TRA) at its annual board of directors' meeting Thursday at the Hyatt Grand Champions Resort and Spa in Indian Wells, Calif.
Churchill Downs Inc. has cut off its voluntary financial contributions to the Jockeys' Guild and has sued the organization over what it believes were violations of federal and state law when jockeys opted not to ride last fall at Churchill Downs and Hoosier Park.
The Jockeys' Guild generated $2.1 million less revenue in 2003 than in 2002, according to a 2003 financial report the Guild filed in December with the U.S. Department of Labor. Total revenue declined 31% from $6.8 million in 2002 to $4.7 million in 2003, according to the document.
The Thoroughbred Racing Associations will ask the Jockeys' Guild to explain how it spends the $2.2 million a year it gives the Guild in exchange for their claim to media rights, TRA president Joe Harper said Dec. 9 after the organization met in Tucson, Ariz.
As the Jockeys' Guild prepares for its annual meeting in Irving, Texas, Dec. 6-7, organization management is under increasing fire from the racing industry and some of its own members. Still, the Guild appears poised to make a case for solidarity, and it remains to be seen whether substantial change will come about during the two-day meeting.
The International Simulcast Conference concluded its three-day run in Miami Beach, Fla., Sept. 22 with a panel discussion that looked into why people would want to wager at racetracks instead of through account-wagering services or other outlets.
One day after the first public presentation of the National Thoroughbred Racing Association Wagering System Task Force report, two issues central to the report--wagering systems and signal pricing--were discussed in depth Sept. 21 on day two of the International Simulcast Conference in Miami Beach, Fla.
A mixed reaction greeted the first public presentation of the National Thoroughbred Racing Association Wagering System Task Force report Sept. 20, first day of the International Simulcast Conference in Miami Beach, Fla.
The National Thoroughbred Racing Association Wagering Systems Task Force, formed to study why handle is up but purses are down, plans to release its report in August, officials said.
Bill Nader, senior vice president of the New York Racing Association,
and Dan Fick, the executive vice president and executive director of The
Jockey Club, have been appointed to the Equibase Management Committee.
The pari-mutuel industry April 9 officially acknowledged an initiative designed to upgrade the infrastructure of wagering systems and improve security and network capabilities.
The debate over pricing, rebating, and computer betting has put the pari-mutuel industry at odds with some of its best customers, and judging from the latest exchange of opinions and statistics, it could be some time before the situation is resolved.
Time and money are two of the major roadblocks as the horse racing industry struggles to come to terms with medication, drug testing, and security, officials said March 4 during the joint annual meeting of Harness Tracks of America and the Thoroughbred Racing Associations.
The boards of the Thoroughbred Racing Associations and Harness Tracks of America held a joint meeting March 4, in part to discuss the working relationship between The Jockey Club and Scientific Games in their in effort to upgrade technology and improve security in the national wagering system.
The 2020 Committee of the Thoroughbred Racing Associations unanimously decided Dec. 10 to establish a model rule for totalisator systems in the event tote communications are interrupted. The decision stems from incidents in which past-posting has occurred after system failure.
More than 50 racetracks and racing associations in the United States, as well as all facilities in Canada, have eliminated cancel delays for tote tickets, but more than 20 in the U.S. have failed to comply with the request from the Thoroughbred Racing Associations.
Bits and pieces from around the industry...
The pari-mutuel industry is wrestling with another situation that has already seriously impacted business in some jurisdictions: Restrictions or bans on smoking in public places.
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