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Turfway Park said Aug. 20 it has received horsemen's consent to distribute its racing signal for the upcoming fall under the auspices of the present exclusive agreement with TVG, thus ending any speculation of a standoff similar to those plaguing other tracks.
Wednesday, August 20, 2008Several advance deposit wagering entities posted increased handle through the Oregon hub system in the second quarter of the year, despite an overall national decline blamed primarily on a revenue-sharing dispute between horsemen's groups and various tracks.
Tuesday, August 12, 2008
TVG, which posted partial-quarter net revenues of $8.8 million for new owner Macrovision Solutions Corp. Aug. 7, is still on the sales block. Officials with the parent company said the horse racing network has received multiple inquiries from undisclosed suitors.
Thursday, August 07, 2008
Youbet.com, during an Aug. 5 conference call in which it reported a profit for the second straight quarter, said it is evaluating the effects of a possible merger with TVG.
Tuesday, August 05, 2008A July 21 mediation session with a member of the Oregon Racing Commission yielded no agreement in a standoff between TVG and Portland Meadows on source-market fees, although progress was reported.
Tuesday, July 22, 2008
The Thoroughbred Horsemen's Group, which advocates a new economic model for pari-mutuel wagering and has been engaged in high-profile battles in the racing industry, isn't going away anytime soon, its president said July 18.
Friday, July 18, 2008
TVG and Portland Meadows have until July 21 to work out an agreement on source-market fees, or face the prospect of unspecified sanctions by the Oregon Racing Commission.
Friday, July 18, 2008
A fan-friendly experiment to share racetracks among California's advance deposit wagering companies has ended with the start of the Del Mar meet July 16.
Wednesday, July 16, 2008Oregon horsemen claim they are caught in the middle of a battle between TVG and Magna Entertainment Corp. over source-market fees, a dispute they claim could jeopardize this year's Portland Meadows fall meet.
Wednesday, July 16, 2008
Handle jumped more than 50% in the first three days of the Ellis Park meet, which started a week late due to a disagreement over revenue sharing.
Monday, July 14, 2008
With the looming expiration of an experiment to share racetracks among account wagering companies in California, representatives continue to meet in hopes of an agreement in time for the start of the Del Mar summer meet July 16.
Friday, July 11, 2008
The Breeders' Cup announced July 1 the full 2008 TV schedule in for the 2008 Breeders' Cup Challenge Series that begins this weekend at Monmouth Park. Each of the 57 Breeders' Cup Challenge races will be televised, highlighted with telecasts on ABC, ESPN and ESPN2 in addition to telecasts on TVG and HRTV.
Tuesday, July 08, 2008
California's advance deposit wagering truce may be coming to an end.
Saturday, June 28, 2008
The Colonial Downs signal will be barred to at least three wagering outlets for its upcoming live meet. The Virginia racetrack joins the list of tracks whose betting options have been curtailed by disputes with horsemen's groups over revenue sharing.
Tuesday, June 03, 2008
David Nathanson has been promoted to the newly-created position of president of TVG, the company announced May 19.
Monday, May 19, 2008Advance deposit wagering through the Oregon hub system grew nearly 3% in the first quarter of 2008 despite an overall decline in national betting numbers in North America.
Tuesday, May 13, 2008
Presque Isle Downs is the latest track to get caught up in the battle over revenue sharing of online and telephone wagering companies as signals to many advance deposit wagering companies were cut off May 11 due to lack of agreements with the Pennsylvania Horsemen's Benevolent and Protective Association.
Monday, May 12, 2008
The new parent company of TVG reiterated in a recent conference call its plans to sell the horseracing channel, saying it hopes to do so by the end of the year.
Thursday, May 08, 2008
TVG processed $108.8 million in total wagering during the first quarter of 2008, the highest first quarter total in the company's history and a 32% increase over the first quarter of 2007.
Thursday, May 08, 2008
Churchill Downs Inc. and Magna Entertainment Corp. have pulled the plug on their involvement in Racing World UK, the United Kingdom broadcast and wagering venture launched two years ago.
Thursday, May 08, 2008
Macrovision Corp. announced May 2 that it has completed its acquisition of Gemstar-TV Guide, the parent company of the TVG horse racing network.
Sunday, May 04, 2008The Thoroughbred Horsemen's Group claims it wants advance deposit wagering entities to pay a fairer share into purse coffers, but those on the other side of the negotiating table claim the math simply doesn't add up.
Tuesday, April 15, 2008Wagering through the Oregon Racing Commission hub system jumped 17.4% in 2007, according to data compiled by the state regulatory agency.
Thursday, April 03, 2008
Retired Hall of Fame jockey Chris McCarron will join TVG, America's Horseracing Network, as a member of the TVG broadcasting team, it was announced March 27. McCarron will make his on-air debut April 4, live at Keeneland Race Course.
Thursday, March 27, 2008
Premier Turf Club has added Keeneland content to its list of track offerings, building on a business model that has allowed the North Dakota-based advance deposit wagering entity to realize four-fold growth in handle in the last few months.
Thursday, March 20, 2008
TVG announced March 13 it has entered into a partnership to make horseracing programming from TVG Broadband, a new imprint offering digitized video for online media, available through Hulu's online video service, www.Hulu.com.
Thursday, March 13, 2008
TVG broadcasts live from Tampa Bay Downs on March 15, covering four stakes races including the $300,000 Tampa Bay Derby (gr. III), the anticipated start for undefeated 2-year-old champion War Pass.
Wednesday, March 12, 2008
TVG has announced an exclusive multi-year agreement that ends an 18-month hiatus of Hawthorne Race Course from the racing network's line-up, and the Illinois track says it is all part of bigger plan to broaden its own plans for a self-run wagering entity.
Friday, March 07, 2008
The parent company of TVG Network reported the horse racing television channel realized a 10% increase in wagers processed for 2007, but saw overall revenues decline slightly for the year.
Friday, February 15, 2008
TVG announced that it has renewed its agreement with Fox Sports Net West and FSN Prime Ticket to exclusively air live horseracing from across the country.
Thursday, February 07, 2008
TVG's will air on-site reports from the Northern California track.
Tuesday, February 05, 2008Antitrust regulators cleared security-software maker Macrovision Corp.'s $2.8 billion purchase of television listings company Gemstar-TV Guide International, Inc., a government agency recently announced.
Thursday, January 17, 2008Overall wagering declined slightly in the United States in 2007 while purses increased, according to "Thoroughbred Racing Economic Indicators" data released Jan. 15.
Tuesday, January 15, 2008
TVG will broadcast the 37th Eclipse Awards ceremony Jan. 21 from the Beverly Wilshire Four Seasons Hotel in Beverly Hills, Calif.
Friday, January 11, 2008By Dan Liebman - During dinner with colleagues the night of Dec. 29, a member of the party returned to the table and mentioned how the New York Giants were leading the New England Patriots in the fourth quarter. A television in an adjacent room was showing the game on CBS.
Tuesday, January 08, 2008
A contentious standoff over Gulfstream Park's racing signal has brought a chilling end to any warm fuzzies felt from the recent broad distribution deals emerging out of California, New Jersey, and New York.
Friday, January 04, 2008
The New York Racing Association has entered into a content exchange agreement with TrackNet Media Group for 2008, NYRA officials said Dec. 28. In addition, NYRA has new deals with TVG and Youbet.com for the upcoming year.
Friday, December 28, 2007
TrackNet Media Group and the New Jersey Sports and Exposition Authority have reached an agreement on content from Meadowlands and Monmouth Park for 2008.
Wednesday, December 26, 2007
A deal struck between TVG and the New Jersey Sports and Exposition Authority extends the network's previous agreement for rights to signals from Monmouth Park and Meadowlands, but allows the NJSEA to separately negotiate with entities affiliated with TrackNet Media Group.
Thursday, December 13, 2007Macrovision Corp., which develops technology to prevent unauthorized copying and viewing of video, music and other content, said Dec. 7 it will buy the parent company of TVG, Gemstar-TV Guide International Inc,. for $2.8 billion in cash and stock.
Friday, December 07, 2007TVG will air special coverage of some of the world's top Thoroughbred races Thanksgiving week, including live broadcasts of the Hollywood Turf Festival, the Japan Cup program from Tokyo, and the Hill 'N' Dale Cigar Mile (gr. I) from Aqueduct.
Monday, November 19, 2007
Fueled by a record total from TVG, wagers handled through Oregon hubs jumped 19.7% for the third quarter of 2007, according to data released by the state's racing commission.
Monday, November 19, 2007The impact of television on account wagering will be watched closely during an experiment in California that began Nov. 7 with the opening of Golden Gate Fields and Hollywood Park.
Thursday, November 15, 2007
Hall of Fame jockey Gary Stevens has reached an agreement with HorseRacing TV to serve as an on-air analyst, the network announced Nov. 7.
Wednesday, November 07, 2007
California will embark on an eight-month experiment Nov. 7 that will allow all advance deposit wagering providers in the state access to all Thoroughbred signals.
Monday, November 05, 2007HRTV and TVG will air live coverage of the Emirates Melbourne Cup (Aus-I), Australia's premier horse race, the evening of Nov. 5.
Friday, November 02, 2007
The parent company of TVG reported a record handle of $148.5 million for the third quarter of 2007, and announced a new wagering partnership in New York during a Nov. 1 conference call with analysts.
Thursday, November 01, 2007TVG is making exclusive video of selected daily workouts of Breeders' Cup contenders available to TVG subscribers through the network's Web site, the company announced Oct. 25.
Thursday, October 25, 2007
Breeders' Cup Ltd. has anounced agreements to carry the World Championship signals with all major account deposit wagering platforms, including Youbet.com, which has been involved in a federal investigation regarding activities of its off-shore wagering entity, International Racing Group.
Thursday, October 18, 2007Advance deposit wagering, which in five years has grown to represent about 13.4 % of total handle through the California pari-mutuel system, was reauthorized by Gov. Arnold Schwarzenegger Oct. 13.
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