Youbet.com has withdrawn its proposal to acquire all of the issued and outstanding shares of American Wagering Inc. for $12 million, the company announced Friday.
TVG will break new ground when it presents a live telecast of the 34th annual Eclipse Awards, Monday, Jan. 24 from 6-10 p.m. PT. The network's telecast, from the Regent Beverly Wilshire Hotel in Los Angeles, marks the first time horseracing's "Oscars" will be presented live on TV.
The TV Games Network and HorseRacing TV have announced new carriage agreements that will expand their reach.
Simon Bray, who recently retired as a Thoroughbred trainer, has joined TVG as a full time racing analyst, the network announced Thursday. Bray, a 35-year-old Englishman who trained grade I winners Startac and Astra, has been working for TVG on a part time basis the past eight months.
Ingrid Fermin, an outspoken steward known for her no-nonsense approach, will be the new executive director of the California Horse Racing Board.
The TV Games Network generated its highest quarterly handle in history from July 1-Sept. 30, when $90,684,755 was bet through the account wagering system. The figure is up 41% from the third quarter of 2003.
The Belmont Park signal returned to Suffolk Downs Oct. 21after the track and the New York Racing Association struck a deal outside of the MidAtlantic Cooperative, of which Suffolk is a member.
XpressBet received a license from the Washington Horse Racing Commission to become the second authorized advance deposit wagering provider in the state Oct. 14.
In a letter to a senior vice president of the New York Racing Association, the executive director of the MidAtlantic Cooperative of racetracks voiced his frustration at the organization's inability to come to terms with NYRA and the TVG Network over simulcasting issues.
Negotiations are underway to resolve the bitter simulcasting dispute between the New York Racing Association and a consortium of Northeast racetracks, as both sides seek to insist the other is being more financially hurt by the controversy.
TVG will offer extensive pre-and post-2004 Breeders' Cup World Thoroughbred Championships coverage, beginning on Saturday, October 23, with the first of six, one-hour airings of "The Works."
With the New York Racing Association's handle down since its signal was pulled by the MidAtlantic Cooperative in mid- September, NYRA chairman Barry Schwartz said the dispute can be resolved only if the racetracks in the group "come to their senses."
For the sixth consecutive year, TVG will present live coverage of the Prix de l'Arc de Triomphe (Fr-I), Europe's most prestigious horse race, from Longchamp Racecourse outside of Paris during a special 2 1/2-hour program airing Sunday, Oct. 3 from 10 a.m.-12:30 p.m. EDT.
The MidAtlantic Cooperative, which represents 19 racetracks and their off-track betting facilities and account wagering systems, will pull the plug on simulcasts from Belmont Park effective Sept. 15 having failed to strike a deal with the New York Racing Association.
TV Games Network launched on cable television in 13 markets via Comcast Communications, the company announced Sept. 14. About 11 million subscribers will have access to the network through the new carriage deals.
Jeff Lifson, an analyst, host, and reporter with TVG since the racing network went on the air in 1999, has joined West Point Thoroughbreds as vice president for Midwest operations.
TV Games Network will offer exclusive live coverage of the Keeneland September yearling sale Sept. 13-15, with reports from the Keeneland sale pavilion beginning each day at 1 p.m. (EDT) and continuing until 7 p.m.
The New York Racing Association and Television Games Network have reached a $13.5 million deal giving the network exclusive simulcasting rights outside of New York, according to a published report.
Three account wagering providers that hub through Oregon set all-time records for a three-month period in the second quarter of 2004, according to statistics provided by the Oregon Racing Commission.
TVG posted the highest quarterly handle in company history for the quarter that ended June 30, Ryan O'Hara, TVG president announced Friday. Keys to the second quarter figures were record wagering of $5.2 million on Kentucky Derby day (May 1) and $3.2 million on Belmont Stakes day (June 5).
The Breeders' Cup Classic Division Powered by Dodge takes center stage this weekend as 3 year olds and up start serious preparation for the headline event at Lone Star Oct. 30. The action will be televised by the ESPN family of networks.
The TV Games Network will celebrate its fifth anniversary with a one-hour special that will air July 21 at 9 p.m. EDT. The show will be rebroadcast several times beginning at 12:30 a.m. July 22.
TVG will present live, on-site coverage of the 2004 Claiming Crown this Saturday from Canterbury Park in Shakopee, Minn.
The second "Road to the World Thoroughbred Championships on TVG/Fox Sports Net" show of the season will air Saturday from Calder Race Course in Miami, and will feature the Grade III, $500,000 Smile Sprint Handicap, part of Calder's "Summit of Speed." The show will air on TVG, Fox Sports Net 2, Fox Sports New York, Fox Sports South and the Sunshine Network from 5:00-6:00 p.m. ET.
TVG and Emerald Downs said June 10 they have signed a multi-year agreement for the exclusive television and account wagering rights to Emerald Downs' races.
The first "Road to the World Thoroughbred Championships on TVG/Fox Sports Net" show of the season will air Saturday from Hollywood Park in Los Angeles.
Ryan O'Hara, the recently appointed chief operating officer of TV Games Network, has been promoted to president, parent company Gemstar-TV Guide announced Thursday.
TVG will air Smarty Jones' final pre Belmont Stakes (gr. I) workout Friday from Philadelphia Park in Bensalem, Pa. The work will air at 1 p.m. EDT.
Azeri vs. Funny Cide in the Met Mile headline busy holiday weekend.
Interactive horse racing network TVG plans extensive coverage of Smarty Jones' effort to become Thoroughbred racing's 12th Triple Crown winner, including live coverage of his first post-Preakness Stake s(gr. I) public gallop, Saturday at 8:30 a.m. (EDT) from Philadelphia Park in Bensalem, Pa.
TVG will present live coverage of the $200,000 Peter Pan Stakes (gr. II) from New York's Belmont Park on Saturday. The Peter Pan is the final major prep race for the June 5 Belmont Stakes (gr. I). Scheduled post time is 4:45 p.m.
TV Games Network had a record handle for the both the first quarter of 2004 and the May 1 Kentucky Derby (gr. I).
Not near a racetrack or OTB? Want to bet the Preakness? Then you'll need to open an account with XpressBet, the wagering platform of Pimlico Race Course owner Magna Entertainment Corp.
For as far back as he can remember, Frank Lyons wanted to spend his life with horses. The 40-year-old native of Ireland used his entire youth to prepare for a career as a horse trainer. He's now putting that preparation to use as a TVG analyst and as a co-owner of Castledale.
TV Games Network rolled out new graphics and features, which began appearing in conjunction with the opening of Hollywood Park's spring/summer season, at the April 22 California Horse Racing Board meeting. It also announced an increase in the number of viewers and a slight shift toward experienced racing fans.
Former jockey Corey Black has resigned his position as a racing analyst/ with the TV Games Network in order to pursue a career as full-time agent for jockey Patrick Valenzuela.
TVG will present a live one-hour Kentucky Derby Preview Show from Churchill Downs in Louisville, KY, April 30, the night before the 130th Run for the Roses.
"The Works," TVG's program that covers the comings and goings of Kentucky Derby and Oaks entrants, will begin its fifth year Saturday, April 24 at noon ET.
TV Games Network will not exercise its warrant to become a majority shareholder in Youbet.com, though it will receive an additional 1-million shares in Youbet for providing notice of its decision prior to April 1.
When racing returns to Central Kentucky, TVG will air live on-site coverage of Keeneland's 15-day Spring Meet, beginning April 2 through April 23. TVG's live coverage will air from 3:00-5:00 p.m. (est) on "Trackside Live!: Keeneland/Aqueduct" and will be simulcast on Fox Sports Net 2 on 11 of the 15 days.
TVG will televise the ninth annual Dubai World Cup (UAE-I) during a three hour presentation that will run from 10:00 a.m.-1:00 p.m. ET Saturday, March 27.
The TV Games Network, The Race For Education, and the National Thoroughbred Racing Association have joined forces to create a three-month summer internship with TVG's production department for a college sophomore or junior studying broadcasting or journalism.
TV Games Network will present a 90-minute preview show of the Keeneland April 2-year-olds in training sale Tuesday at 10:30 p.m. Eastern.
Hardy Eustace held off a late charge by favorite Rooster Booster and won the Champion Hurdle on Tuesday, the opening day of the Cheltenham Festival.
Wagering through TV Games Network rose 34% in 2003 to $213,725,181 and television distribution of the network increased by 45%, the company reported Thursday.
Magna Entertainment Corp. may have some explaining to do at this month's California Horse Racing Board meeting as handle for its account-wagering service, Xpressbet, suffered an 18.4% decline among California residents during the year's first two months.
TV Games Network will continue to be distributed on the DISH Network after an agreement was reached on a four-year patent dispute between their parent companies.
Three competitors from last year's Kentucky Derby (gr. I) will meet on television Sunday when TVG screens the New Orleans Handicap from the Fair Grounds.
Youbet.com has agreed to pay TV Games Network $725,000 and withdraw its proposed staggered board and supermajority voting proxy material in exchange for TVG dropping all pending litigation and related arbitration.
Gemstar-TV Guide International announced it has named Ryan O'Hara chief operating officer of its TVG Network.
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