Keyword: advance deposit wagering

  • ADW Companies Stop Taking Wagers in Illinois

    At least two of the four companies conducting advance deposit wagering in Illinois are shutting down operations for Illinois residents because that form of wagering is now illegal in the Land of Lincoln.

  • ADW Companies Taking Illegal Illinois Wagers

    At least three of four major advance deposit wagering companies continue to take bets from Illinois residents even though the action is illegal as of the beginning of the year, the Illinois Racing Board said Jan. 3.

  • ADW Illegal in Illinois Effective Jan. 1

    Advance-deposit wagering will be illegal in Illinois effective Jan. 1, 2013, because the General Assembly has failed to renew enabling legislation, the Illinois Racing Board ruled Dec. 18.

  • Connecticut OKs Sportech Venues ADW Service

    The online wagering market will gain a new player this spring after Sportech Venues gained state approval to launch an Advance Deposit Wagering service at its Winners off-track betting unit in Connecticut.

  • Mobile Ontrack Wagering Begins to Take Root

    Racetracks are beginning to implement mobile wagering at their facilities with positive results, but officials said Oct. 3 they don't expect it to chase away tote machines and advance deposit wagering systems.

  • Del Mar Adjusts Figures Due to Report Error

    Due to a reporting error on in-state advanced deposit wagering bets during the final two weeks of the Del Mar meeting, the track has adjusted slightly downward its final figures on handle for its just-concluded meeting.

  • Sports Authority, Horsemen OK Monmouth Lease

    The New Jersey Sports and Exposition Authority said March 1 it has reached an agreement with the New Jersey Thoroughbred Horsemen's Association for the lease of Monmouth Park in time for the track's 2012 racing season.

  • ADW Providers Defend Business Practices

    Representatives of eight advance deposit wagering companies seeking licenses to do business in Kentucky appeared before a racing commission subcommittee Feb. 29 to answer questions about their applications.

  • Kentucky ADW Tax Bill Passes House

    Legislation that would tax pari-mutuel wagers made by Kentucky residents through advance deposit wagering services passed the House of Representatives by a 79-15 vote Feb. 24.

  • Furosemide, known as Salix or Lasix, will be discussed Jan. 14

    Furosemide Among National HBPA Topics

    The National Horsemen's Benevolent and Protective Association will tackle several issues, including governmental affairs, high volume pari-mutuel bettors, and use of furosemide on race day during its convention Jan. 12-16.

  • Panel: Racing Should Invest in Pricing Study

    Difficulty in obtaining pari-mutuel wagering pool data and detailed player data is a major hindrance to the racing industry determining the optimal price point for takeout rates, symposium speakers said Dec. 7.

  • Kentucky Lawmakers Eye Tax on ADW Bets

    The Kentucky General Assembly probably will consider legislation in 2012 that taxes bets made by Kentucky residents through advance deposit wagering systems to bolster the Kentucky Thoroughbred Development Fund.

  • California OKs Simulcast Race Limit Increase

    California Gov. Jerry Brown has approved legislation that increases from 32 to 50 the limit on the daily number of imported races on which a racing association or fair simulcast facility in the state can accept wagers.

  • Calder Casino & Race Course

    Calder, Horsemen Have ADW Deal; Purses Hiked

    Calder Casino & Race Course and the Florida Horsemen's Benevolent and Protective Association's board of directors June 3 jointly announced a 7.5% purse increase beginning with Calder's June 3 race card.

  • Calder, Horsemen Still Negotiating on ADWs

    As it prepares to open its race meet April 25, Calder Casino & Race Course as of April 22 did not have a contract for Advance Deposit Wagering with the Florida Horsemen's Benevolent and Protective Association.

  • Market Competitor Doesn't Sit Well With CDI

    Churchill Downs Inc. and Daily Racing Form are at odds over the publishing company's launch of an advance deposit wagering system powered by XpressBet.com, which is owned by CDI rival MI Developments.

  • CDI: We'll Invest, But KY Must Remain Strong

    During an event with political overtones, Churchill Downs Inc. introduced its renovated TwinSpires.com offices in Lexington Feb. 15 with a message: We'll invest in Kentucky as long as it remains horse capital of the world.

  • ADW Companies Get California Extensions

    Satisfied that owners were getting as much as possible for purses from a recent state increase in takeout, the California Horse Racing Board granted three advance deposit wagering companies one-year extensions Jan. 20.

  • Gulfstream Making Betting More Affordable

    Gulfstream Park on Dec. 16 announced its 2011 wagering menu that will include its first Pick 5, with a 50-cent minimum bet, and a major reduction of its Pick 6 minimum bet from $2 to 10 cents.