Highlighted by record wagering on Kentucky Derby day, TVG posted the highest quarterly handle in company history for the quarter that ended June 30.For the second quarter of 2003, TVG's handle was $60,986,753, a 142 % increase from the previous quarter, and a 27 % increase from the second quarter of 2002. The Kentucky Derby Day handle totaled $4,045,559.Helping establish the record was increased television distribution of TVG on the Adelphia, Insight and Comcast cable systems, and on the DISH™ Network, combined with new distribution agreements with DIRECTV®, Cox Communications and Charter Communications.
"Increased distribution, both on cable and satellite, helped spur an increase in wagering," said Mark Wilson, TVG president and CEO. "Including distribution via our partnership with Fox Sports Net 2, our network currently delivers racing to approximately 16 million homes. We look forward to continuing this distribution success not only for TVG, but also for our track, horsemen, licensee and distribution partners who benefit directly from this growth."