Keyword: ADW

  • Alex Waldrop

    NTRA Making Progress on Credit Card Issues

    The National Thoroughbred Racing Association expects to soon announce specific banks that will recognize credit card transactions used to deposit money at account-deposit wagering outlets.

  • Gulfstream Park

    Language in Florida Bill Would Prohibit ADW Wagering

    It's early in the process but because the wording in a current Florida Senate bill would potentially outlaw ADW, industry leaders have quickly weighed in to make sure legislators understand how devastating that outcome would be for horse racing.

  • CHRB, ADWs Clash at Committee Meeting

    A crucial issue regarding how pari-mutuel takeout is distributed for racing in California was discussed, at times contentiously, during a California Horse Racing Board Pari-Mutuel and Wagering Committee meeting Dec. 14 at Los Alamitos Race Course.

  • Canterbury Park in Minnesota

    New Minnesota Law Authorizes Account Wagering

    Minnesota officials said advance deposit wagering legislation passed recently by lawmakers will provide an estimated $1.5 million in revenue that will be re-directed to horse racing and breeding in the state.

  • TVG chief executive officer Kip Levin

    TVG: Systems Failure 'Won't Happen Again'

    TVG, a leading advance deposit wagering provider, said human error was responsible for a May 7 systems breakdown that halted online wagering for more than two hours during the running of the Kentucky Derby (gr. I).

  • VRC Suspends TwinSpires ADW License

    TwinSpires.com, one of three advance deposit wagering systems licensed to accept bets from Virginia residents, had its license suspended by the Virginia Racing Commission effective Dec. 18.

  • Ken Kirchner

    For Kirchner, 20 Years of BC Wagering

    Ken Kirchner, a former regulator in Pennsylvania, was hired by Breeders' Cup as a consultant in 1996, and since that time has overseen wagering formats, simulcast expansion, and elevating the product with bettors.

  • WV Racing Report Approval Stalls

    A group of West Virginia racing stakeholders has prepared a report on the state of the industry and makes suggestions on how to improve the economics, but when it is approved remains to be seen.

  • WV Racing Industry Sets Legislative Goals

    The West Virginia racing industry will pursue several initiatives during the 2016 legislative session, including statutory changes that would lower the minimum number of racing dates for which tracks must apply each year.

  • WV Stakeholders Seek Racing Revenue Boost

    Racing stakeholders fully understand that having sports betting at tracks in West Virginia is a 90-1 shot. But other things like off-track betting are a bit more realistic as they fashion a wish list to increase revenue.

  • Illinois Financial Crisis Impacting Racing

    The Illinois Racing Board May 19 approved summertime racing at two state fairs and one county fair amid uncertainty about funding from the cash-strapped state and a wrangle about advance deposit wagering.

  • Churchill Sues DRF Over Derby, Oaks Wagers

    Churchill Downs Inc. has filed suit against Daily Racing Form, alleging the company's DRF Bets wagering service violated the Interstate Horseracing Act when it took bets on this year's Kentucky Derby and Oaks.

  • Indiana Governor Vetoes ADW Legislation

    Saying the bill would have expanded gambling in Indiana, Gov. Mike Pence has vetoed a bill that would have allowed state residents to use advance deposit wagering to bet on horse races.

  • Phone Wagering Commences in Arizona

    Advance deposit wagering via phone began Jan. 31 in Arizona, according to the Arizona Department of Racing. However, for the time being, residents of Pima County won't be permitted to wager on Thoroughbred races.

  • The start of the 2014 Breeders' Cup Classic

    CHRB Undertakes Review of Interference Rule

    Following the controversial non-call in the $5 million Breeders' Cup Classic (gr. I), the California Horse Racing Board appears ready to change the rule that led to the decision. But it may take awhile.

  • KY Lawmakers Get Horse Industry Update

    The Kentucky General Assembly Interim Joint Subcommittee on Horse Farming was given a generally positive update on the status of the racing and breeding industry in the state Nov. 12 in light of years of declines.

  • Alan Landsburg

    Former CHRB Chairman Alan Landsburg Dies

    Alan Landsburg, a television writer, producer, and director who in later years focused on improving horse racing as a California Horse Racing Board commissioner and industry leader, died Aug. 14 at the age of 81.

  • CHRB executive director Rick Baedeker

    CHRB Prohibits California Players Pools

    An investigation by the California Horse Racing Board has determined that two state-licensed advance-deposit wagering providers are currently offering or allowing players pools in violation of California law.

  • Iowa Stallion Rule Change Called Positive

    Iowa has removed a restriction requiring Iowa-registered stallions to be owned by in-state residents, and breeders believe the legislative change with foster growth in the program.

  • Instant Racing Machines at Kentucky Downs.

    Instant Racing, ADW Taxes Approved in KY

    The Kentucky General Assembly early March 30 signed off on a $20 billion state budget that includes revenue components for the horse racing and breeding industry, including tax rates for Instant Racing and ADW.

  • Santa Anita

    CHRB Irons Out Santa Anita 2014 Race Dates

    A mini-break in Santa Anita's 2014 dates, an agreement to allow HRTV and TVG to broadcast all major California racetracks, and reduced takeout on Santa Anita's Daily Double wagering were discussed at the Nov. 21 CHRB meeting.

  • Taxman Cometh for ADW Companies?

    Regulators who believe advance deposit wagering companies are not paying their fair share to the industry squared off against ADW reps who noted that added taxation could slow the success of a growing portion of the industry.