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.
The horse racing industry should be pretty healthy 20 years from now -- if it properly embraces technology, expanded wagering opportunities, alternative gaming, and the breeding side of business remains vital, top racetrack officials said March 14.
The first joint meeting of the boards of the Thoroughbred Racing Associations and Harness Tracks of America was considered a success, but whether the two organizations continue to meet jointly on a regular basis remains to be seen.
Racing and breeding news and information.
As the pari-mutuel industry continues to grapple with issues related to integrity, one regulator believes the answers may lie with the industry's attitude.
A principal in a company that develops software for betting-exchange wagering said North America has the structure in place to make it benefit the horse racing industry.
Delaware legislators are considering legalized sports betting with a twist: It would benefit the horse racing industry in the state in the same way as gaming.
Officials said the classification of erythropoeitin -- the blood-doping agent commonly known as EPO -- as a prohibited practice has curbed its use in some jurisdictions but a definitive test for the substance is a must if any regulation is to have teeth.
Racetrack officials from the Thoroughbred and Standardbred industries will gather in Hollywood, Fla., March 12-14 for a joint meeting of the Thoroughbred Racing Associations, Harness Tracks of America, and Racetracks of Canada.
Simulcast television production and the problems inherent with post-time coordination were at the forefront Sept. 24 during second day of the three-day International Simulcasting Conference in Bal Harbor, Fla.
The topic of rebates, and whether they are good for the pari-mutuel industry, headed the opening day of the International Simulcasting Conference in Bal Harbour, Fla. Nearly 400 individuals representing more than 200 different organizations registered for the annual meeting.
The Thoroughbred Racing Associations and Harness Tracks of America will hold a joint annual meeting next year, but the organizations' boards will continue to meet separately.
Equibase is developing technology that could make a long-talked-about dream a reality: the automated collection of race data.
Fair Grounds president Bryan Krantz was re-elected to a one-year term as president of the Thoroughbred Racing Associations during the organization's annual meeting March 5 in New Orleans.
A day at the races for a family of four is a better bargain then the four major league team sports, according to a University of Arizona study. The study compated the fan cost index produced by Team Marketing Report for major league sporting events with a similar cost index for Harness Tracks of America (HTA) and the Thoroughbred Racing Associations (TRA).
The pros and cons of reduced pari-mutuel takeout were debated during the opening session of the International Simulcast Conference. The debate figures to continue for some time.
Bits and pieces from around the industry
Racing, breeding, and industry news
The Thoroughbred Racing Associations and Harness Tracks of America, two trade associations already linked through the Thoroughbred Racing Protective Bureau, are pursuing a "structured relationship" that would allow them to share information and work on joint projects. The relationship -- not a merger, officials said -- has been discussed at recent TRA and HTA conventions.