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Schedule Set for Simulcast Conference in Philadelphia

  • News

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.

Youbet.com Has Deal to Buy Tote Company

  • News

Youbet.com, which earlier this year purchased an offshore wagering company, has entered into an agreement to purchase United Tote for $49 million, the company announced Dec. 1. United Tote supplies tote services to more than 90 pari-mutuel facilities in North America.

Future Bet Shelved; Jockey Wager in the Works

The Breeders' Cup Future Bet won't be offered this year, but an official said he hopes it eventually returns under a format whereby wagering would be offered on more than 24 interests. Meanwhile, talks are under way about a new wager tied to jockey performance in the eight-race series.

Here and There

  • News

TCA holds annual stallion season auction...Thistledown adds live racing on Dec. 16...United Tote signs key contract renewals.

Magna Broadens Its Base With Piece of AmTote

Less than a week after the National Thoroughbred Racing Association released a report that recommended upgrades in wagering technology and a streamlining of tote systems in the United States, Magna Entertainment Corp. acquired a 30% equity and voting interest in AmTote International for $3.82 million.

Meeker: Wagering Products Must Match Customer Demand

Churchill Downs Inc. will look to develop products that suit its patrons under a new customer relationship management program expected to have "dramatic" results, CDI president Tom Meeker said June 19 during the company's annual shareholder meeting in Louisville, Ky.

In Wake of Betting Probe, Industry Prepares Strategy

Regardless of the outcome of the probe into suspicious Breeders' Cup Ultra Pick Six wagers, the situation figures to trigger a review of how the pari-mutuel industry conducts its business. It also left National Thoroughbred Racing Association and Breeders' Cup officials to deal with public perception issues.

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