Wagering Hubs

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Kentucky Extends Comment Period on Wagering Hubs

The Kentucky Horse Racing Authority has extended its public comment period for new administrative regulations governing multi-jurisdictional wagering hubs, a law for which was passed in 2004. Two years later, no hubs are operating in the state.

High-Volume Shop Licensed by Oregon Regulators

International Racing Group, a rebate shop located in Curacao but owned and operated by United States-based Youbet.com, was licensed by the Oregon Racing Commission Nov. 2, and is the first such entity to be licensed by U.S. regulators.

Oregon Jockeys Benefit From Incentive Program

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Several jockeys earned bonsuses this summer under the Oregon Racing Commission's jockey incentive program, which is designed to encourage riders to participate at fair meets in the state.

Measure Would Authorize Betting Hubs in Kentucky

Legislation to authorize wagering hubs in Kentucky was introduced in the state Senate in early March and is moving through the legislative process as an amendment to a bill that would permit artificially inseminated horses to race in Kentucky. A hub measure was introduced in 2002 but it failed to garner support.

Oregon Hub Handle Sets Another Quarterly Record

The National Thoroughbred Racing Association's operation of wagering hub in Oregon met with much resistance from some of its member racetracks at the beginning of the decade, but one thing's for certain: The concept has caught on, even though the NTRA is no longer a player.

Oregon Hub Handle Clears $200M in Second Quarter

The five account-wagering companies that have multi-jurisdictional tote hubs in Oregon reported gains in handle in the second quarter of 2003 compared with the first quarter of this year. Total handle through the five hubs was $222.21 million, up about 150% from the second quarter of 2002.

National HBPA Seeks Tighter Simulcasting Ship

The National Horsemen's Benevolent and Protective Association, in a white paper on simulcasting, has called for tighter security in the export of signals as well as a review of domestic and international wagering hubs.

In General, Wagering Up Through Oregon Hubs

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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.

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