Keyword: advanced deposit wagering

  • Mr Prankster at Turfway Park.

    Good News in Kentucky on Racing Safety

    When the equine medical director for Kentucky gave her monthly report at the March 14 meeting, it showed only one fatality since Dec. 1 at Turfway Park, the only track in the state conducting live racing during the period.

  • Kevin Flanery

    Kentucky Tables Action on ADW Regulation

    Advanced Deposit Wagering regulations that would be among the stiffest in the country were tabled during the Kentucky Horse Racing Commission's meeting Dec. 13 after objections were raised by the president of Churchill Downs.

  • Jerry Simms, chairman of Turf Paradise

    Five Questions: Jerry Simms

    Businessman purchased Turf Paradise in 2000; battles with major league sports, Native American casinos for the entertainment dollar in recession-battered economy in Phoenix metroplex

  • Hollywood Park

    Hollywood ADW Signal Limited; Purses Cut

    A stalemate between California horsemen and advance deposit wagering companies kept Hollywood Park's out-of-state signal unavailable on opening day of the track's fall season Oct. 29.

  • TrackNet Media CEO Comments on Impasse With Youbet.com

    In response to a release and teleconference by Youbet.com Monday concerning an impasse in its negotiations with TrackNet Media Group over account deposit wagering, Scott Daruty, chief executive officer of TrackNet Media Group, released a statement outlining his company's position.

  • Robert L. Evans, Churchill Downs president and CEO, said agreements will benefit customers and the industry.

    Churchill, Magna Enter Major Content Agreement

    Churchill Downs Inc. and Magna Entertainment Corp., the two leading owners of racetracks in North America, said March 5 they have entered into agreements that include CDI's purchase of 50% interest in MEC's HRTV network.

  • Del Mar Announces Purse Hike

    Del Mar announced a 5% increase in overnight purses for the remainder of its 43-day meeting. The increase is retroactive to the beginning of racing on July 24.

  • Youbet Joins Stable; Account-Bet Handle Tops $5M

    Youbet.com has been licensed by the California Horse Racing Board to offer account-wagering services to residents of California, effective immediately. Meanwhile, through Feb. 18, account-wagering handle through two other systems topped $5 million in the Golden State.

  • TOC: Some NTRA Money Should Go to Purses

    The Thoroughbred Owners of California is using a deal with Magna Entertainment as leverage in an attempt to garner a greater share of pari-mutuel takeout from account wagers made through the TV Games Network. In question is a share of the money TVG pays to the National Thoroughbred Racing Association.

  • XpressBet Said to Take Off on First Weekend

    XpressBet, Magna Entertainment's revamped Internet and telephone service for in-home wagering, was "overwhelmed" by applications from prospective customers during its launch Jan. 26-27, a top company official said.

  • TV Distribution Still Unclear for California Tracks

    With the California Horse Racing Board only days from ruling on four applications for license to conduct advance deposit wagering, it isn't clear where three of the state's major tracks -- Santa Anita Park, Bay Meadows, and Golden Gate Fields -- are going to have their races televised.

  • TOC Issues Priorities for Account Wagering

    The Thoroughbred Owners of California released an open letter dated Dec. 15 that lists its priorities as California moves toward account wagering early in 2002.