Hawthorne Race Course announced Feb. 22 that overnight purses at the track will increase by $12,000 per day, effective, a hike of approximately 15% that takes effect March 1.
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.
Prairie Meadows Racetrack and Casino and the Iowa Horsemen's Benevolent and Protective Association have selected TVG as the provider for an advance deposit wagering system.
The New York Racing Association defended its advanced deposit wagering system Jan. 13, and said it welcomed a review by state regulators.
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.
The TVG television network/advance deposit wagering company has expanded into Pennsylvania through a partnership with Harrah's Chester Casino & Racetrack.
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
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.
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.
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 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.
The California Horse Racing Board heard a positive report on the startup of account wagering. But it was tempered by concern over a leveling off of activity in recent weeks. It was also reported that an agreement still has to be reached for the upcoming Hollywood Park meet.
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.
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, 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.
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.
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.
The long-winding process of making legal account wagering part of California's horse racing landscape got a quick approval Friday, Nov. 30, from the state Horse Racing Board.
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