Xpressbet

News, Articles, Videos and other content about Xpressbet

Youbet In, IRG Out Among Those with Breeders' Cup Agreements

Youbet In, IRG Out Among Those with Breeders' Cup Agreements

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.

Magna Entertainment Names CEO, Director

  • News

Michael Neuman was named Magna Entertainment's new chief executive officer and Charlie J. Williams was appointed to the company's board of directors, it was announced Feb. 27.

No Santa Anita Clause for TVG

TVG viewers won't be getting what they wanted most for Christmas -- to watch and wager on races from Santa Anita Park starting with the new season on Dec. 26.

California ADW Rivals Near Signal Agreement

California customers of rival account deposit wagering companies TVG and XpressBet would be able to play any track in the state with their preferred carrier under an agreement being negotiated on a one-year experimental basis.

Account-Bet Dispute Addressed; Signal Available

The Ohio Horsemen's Benevolent and Protective Association has indicated Thistledown is authorized to send its signal to Youbet.com, but the California account wagering company has indicated it may not be willing to offer the signal.

Colonial Teams with Restaurant to Expand ADW

In a collaborative initiative to expand advance deposit account wagering, Colonial Downs has teamed up with Chevy's Restaurant and Night Club in Chesapeake, Va., to promote new wagering technology that could be the horse racing's equivalent to video poker and bar trivia.

DeFrancis Named CEO of New Magna Company

Magna Entertainment announced Monday that Joe DeFrancis, chief executive officer of the Maryland Jockey Club, has been appointed CEO of PariMax, a new company to oversee the development of Magna's "various electronic distribution platforms."

Magna 5 Wager Returns Saturday

Magna 5, the popular $2 pick five wager on races at coast-to-coast tracks for a $500,000 guaranteed pool, returns for a third year Saturday. Along with generous payoffs, the fast-paced presentation of five races in about an hour has proven to be an attractive feature of the wager.

HRTV to Broadcast Horse Player World Series

HorseRacing TV has entered into a comprehensive agreement with Coast Hotels and Casinos for exclusive broadcast coverage and promotion of the Horse Player World Series from the Orleans Hotel and Casino in Las Vegas Jan. 19-21.

Bay Meadows Signal Expands to TVG

The Bay Meadows racing signal will be available to all three legal account deposit wagering companies in California when the Bay Area track opens for business under new management Feb. 2.

Online Poll Seeks Santa Anita's Top Moment

  • News

XpressBet and HorseRacing TV are offering fans an opportunity to select the most memorable moment in Santa Anita Park history in an online poll celebrating the 70th anniversary of the Arcadia, California track.

XpressBet Approved in Washington

  • News

XpressBet received a license from the Washington Horse Racing Commission to become the second authorized advance deposit wagering provider in the state Oct. 14.

Xpressbet Handle Falls 18% In California

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.

Magna's TV Distribution Under Fire Again

Unhappy with the lack of distribution for Magna Entertainment Corporation's Horse Racing Television signals from Santa Anita, Golden Gate Fields and Bay Meadows, California officials vowed Feb. 20 to address the issue when license renewals for the state's three approved account wagering services come up in December.

MEC: Recent Moves Designed to Benefit Tracks, Horsemen

Magna Entertainment Corp.'s top executive admitted the company has taken plenty of heat for recent business decisions tied to account wagering and rebate shops, but he indicated the racing conglomerate wouldn't apologize for a strategy he said is designed to benefit the industry in the long term.

Magna 5 Kicks Off Saturday

The Magna 5, a five-race wagering series with a guaranteed $500,000 minimum pool, begins Saturday at approximately 4:25 p.m. (EST). In the span of a little more than an hour, five races, tied together with one bet, will be presented at Magna Entertainment Corp. tracks.

MEC Move Creates Account-Wagering Dilemma

  • News

Magna Entertainment Corp. initiated restrictions upon or pulled its live racing signals from most account-wagering services effective Dec. 26, and at least one operator isn't happy about the developments.

Magna Tracks to Cut Free Video Streaming

As of Jan. 12, fans used to watching those grainy images of races from the Web sites of Magna Entertainment Corporation-owned Gulfstream Park and Santa Anita Park will be unable to do so without paying for streaming video service.

CHRB, Tracks Debate Account Wagering

The California Horse Racing Board took a first look at the knotted issue of changing the way account-deposit wagering is conducted in the state by requiring racetrack associations -- as a condition to operate -- to negotiate agreements for handling wagers with all legal operators.

Magna Entertainment Officially Launches HRTV

  • News

Magna Entertainment has officially launched HorseRacing TV, a 24-hour cable television network that provides Thoroughbred, Standardbred, and Quarter Horse racing from racetracks in the United States and Canada.

Credit Card Company: Online Wagers to be Blocked

Citibank, the nation's largest credit card company, is beginning a new system to block customers from using their plastic to make online wagers, New York attorney general Eliot Spitzer said June 14. The impact on companies that offer pari-mutuel wagering remains to be seen.

Account Wagering a Work in Progress, Officials Say

  • News

More than $14.5 million has been wagered through California's advance deposit wagering system in the first two months of operation, or about 3.5% of total handle. But while account wagering services had a burst of activity, officials said they were concerned about the leveling off of wagering and the number of new account holders over the past four weeks.

Most Popular Stories