Gemstar-TV Guide International reported a net loss of $6.23 billion, mainly from write-downs for goodwill, for fiscal year 2002. Meanwhile, the company's interactive platform sector, which includes the TV Games Network, posted revenue gains.
TVG's weekly highlight show, "The Finish Line," begins its second season April 6 at 8 p.m. EST.
Viewers can see racing live from Keeneland April 4-25 on TVG.
Television Games Network will present live coverage of the Dubai World Cup program March 29 from 10 a.m. to 1 p.m. EST.
The Television Games Network (TVG) announced today it has reached a multi-year agreement with Atlanta-based Cox Communications, Inc. to carry the 24-hour horseracing and interactive waging network.
TVG will provide live, on-site coverage of the Sandy Lane Gold Cup from Garrison Savannah, just outside Bridgetown, Barbados, this Saturday.
The Television Games Network increased its handle by 251% from 2001 to 2002, the network announced Wednesday in releasing its final handle numbers for 2002.
Account wagering through several hubs based in Oregon continued to ramp up in the fourth quarter of 2002, according to figures released by the Oregon Racing Commission.
After a substantial absence, TVG is back in the feature-story business. On Sunday, Feb. 16, the network will air the first installment of a two-part series titled "In Training: The Sales," which will conclude the following evening. Airtime both nights is 8-8:30 p.m. ET.
The most memorable moments and individuals of the 2002 racing season, as selected by TVG viewers, will be announced when the third annual TVG Viewers' Choice Awards is broadcast Feb. 17 on a live 90-minute program from 8:30-10 p.m. (ET).
Nearing the end of the first year of account wagering in California, the president of the Thoroughbred Owners of California has expressed frustration with the lack of television exposure so far.
The Hong Kong International races on Sunday will be shown on TVG beginning at 2 a.m. (ET). The special 2 1/2 hour telecast will include live coverage the group I Hong Kong Cup, group I Hong Kong Vase, and group I Hong Kong Mile, and tape delayed coverage of the group II Hong Kong Sprint. All races are on turf.
TVG will provide live coverage of three of the four Hong Kong International Races Sunday from Sha Tin Racecourse.
TVG will present live coverage of the Grade I, $200,000 Hollywood Starlet on Saturday and the Grade II, $150,000 Bayakoa Handicap on Sunday as part of "Trackside Live!: Hollywood Park."
Santa Anita heads into its annual meeting Dec. 26 without the television exposure enjoyed by its Southern California counterparts.
Rich Wilcke leads Equine Association Management Clinic...Thistledown customer appreciation day is Dec. 21...TVG broadcasts Los Alamitos Million Futurity.
Viewers of the Television Games Network (TVG) can expect a real horseracing feast this Thanksgiving Holiday weekend as the network will present nine graded stakes races from the West to East Coast. Included are three grade I races, three grade II events and three grade III features, with live racing action from Hollywood Park, Churchill Downs, and Aqueduct.
Eleven older horses, including East Coast-based invaders Cetewayo and Rochester, have been entered for Saturday's 1 1/2-mile Hollywood Turf Cup (gr. IT).
Jockey Julie Krone will return to riding Friday at Santa Anita. Krone, a Hall of Fame jockey, has not ridden since April of 1999. The race is also the first race for her mount, Justly Royal.
A tote malfunction on Tuesday prompted Churchill Downs to refund all wagers in a Pick 4 pool and provide payouts to patrons who held what would have been winning tickets.
Tom Amoss is pulling double duty these days at Arlington Park. He trains Bessemer Trust Breeders' Cup Juvenile contender Lone Star Sky, and he serves as an analyst on the "The Works," the popular daily program on the TV Games Network.
TVG announced Oct. 17 that its popular program, "The Works," sponsored by the NTRA and Breeders' Cup, will kick off the network's coverage of the 2002 Breeders' Cup World Thoroughbred Championships tomorrow with the first of seven, one-hour shows airing from 11 a.m.-noon (EDT) through Thursday, Oct. 24.
TVG will present live coverage of tomorrow's 11th annual Calder "Festival of the Sun" from Calder Race Course in Miami.
TVG's popular show "The Works," will begin Oct. 18 and air through Oct. 24, two days prior to the Breeders' Cup World Thoroughbred Championships at Arlington Park.
Henry Yuen has resigned as chief executive officer of Gemstar-TV Guide International and will be replaced by Jeff Shell, the company announced Oct. 8. Gemstar-TV Guide is the parent company of the TV Games Network.
To offer in-depth, post-race coverage of the large number of Breeders' Cup prep races on tap this week, TVG's weekly magazine show, "The Finish Line," will expand from one to two hours this Sunday (October 6), and will air in a new time slot, beginning at 8:00 p.m. ET, the network announced.
TVG will present exclusive live coverage of Sunday's €1.6 million Prix de l'Arc de Triomphe (Fr. I) from Longchamp Racecourse outside of Paris during a special three-hour program airing from 9 a.m.-Noon EDT. Post time for the Arc, a 1 1/2-mile race for horses 3-and-up, is 11:30 a.m. ET.
Several local charities will be using Keeneland's race meet as a springboard for their fundraising efforts this fall.
Gemstar-TV Guide International, the parent company of the TV Games Network, posted a preliminary second-quarter loss of $953.8 million after more than $1 billion in asset write-downs.
Super Derby XXIII (gr. II) will air live on the TV Games Network at 6:05 p.m. EDT Saturday.
The TV Games Network has experienced explosive growth since California adopted advanced deposit wagering last January.
A 9/11 tribute Wednesday will be broadcast on TVG at 4:10 p.m. (ET) and simulcast to racetracks.
TVG will offer live coverage of the Keeneland September yearling sale next Monday through Wednesday (Sept. 9-11). Reports from the Keeneland sale pavilion will start each day at 1 p.m. (ET). A 30-minute recap show of the sales' first three days will air on Wednesday at 10 p.m. with a repeat showing on Thursday at 11:30 a.m.
TVG will offer live coverage of the Saratoga select yearling sale.
TVG to air from Saratoga...Blythe Miller injured in fall...Public invited to Hall of Fame ceremony and autograph session...Ray Sibille injured...Irish Fest at Arlington.
Racing and breeding news and information.
The percentage of California handle attributed to advance deposit wagering (ADW) is slowly growing, with 5.7% of in-state handle now traced to bets made through one of three account wagering providers.
TVG will offer exclusive live network coverage of Saturday's $400,000 John C. Mabee/Ramona Handicap (gr. IT) and the $200,000 Bing Crosby Breeders' Cup Handicap (gr. II) from Del Mar Thoroughbred Club. On Sunday, TVG will have exclusive coverage of the Eddie Read Handicap (gr. IT).
Recent approval from the Massachusetts State Racing Commission of the TVG network and Magna Entertainment's XpressBet system means bettors there soon will be able to sign up for account wagering with either provider.
The California Authority of Racing Fairs (CARF) has became the state's only racing association to complete agreements with all three licensed advanced deposit wagering companies.
The Thoroughbred industry today is still paying for a bad decision made more than 40 years ago. Not only did its popularity plummet as a result of being off television during that medium's original boom time, but more recently the struggle to get possession of the sport's archives and control and coordinate its television presence has cost the industry millions of dollars.
- By Ray Paulick
By Ray Paulick -- Personal experience confirms that people would rather bet on races they can watch on television.
TVG has announced it will offer exclusive live coverage of the Keeneland July Select Yearling Sale.
For the second consecutive year, TVG will offer live coverage and analysis of the Keeneland July select yearling sale in Lexington. The programs will air from 7-10:30 p.m. (EDT) on July 15 and 16.
TVG will offer live coverage and analysis of the Keeneland July select yearling sale July 15 and 16 from 7-10:30 p.m.
Trading was heavy again on Gemstar-TV Guide International Tuesday, but the media and technology company that lost 39% of its stock value Monday ended the day with a small gain.
Gemstar-TV Guide International, the parent company of the TV Games Network, lost 39% of its value Monday in a frenzy of selling. Investors reacted to a ruling June 21 that Gemstar's patents for an interactive television program guide have not been infringed by competing products.
Gemstar-TVG Guide International, the parent company to the TV Games Network racing channel, suffered a serious blow in court Friday when it lost a crucial patent infringement case.
Television Games Network has acquired 16.6% of Youbet.com's outstanding shares of common stock.
Gemstar-TV Guide International, parent company to the TV Games Network, posted a steep first quarter net loss due to $297.8 million write-off and declining revenu
Most Popular Stories
- Pletcher Horses Top Belmont Work Tab
- Geller to Follow Loiselle on Woodbine Mic
- Commentary: Unintended Consequences
- Frosted Scheduled for Belmont Stakes Run
- American Pharoah Back on Track at Churchill
- American Pharoah to Stand at Ashford Stud
- Zayat Calls Gambling Debt Lawsuit Extortion
- Zayat Sells Stud Rights to American Pharoah
- CHRB Discusses Los Al at Monthly Meeting
- Ashleyluvssugar Takes Aim at Whittingham