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ADW Agreement Reached in California

ADW Agreement Reached in California

An impasse in California over fee rates for interstate advance deposit wagering that has had a negative impact on Hollywood Park's fall meet ended Nov. 21 with the announcement that one-year deals with the four licensed providers in the state have been reached.

CHRB Pushes for Action in ADW Standoff

CHRB Pushes for Action in ADW Standoff

In a high-stakes "game of chicken," the California Horse Racing Board pushed account wagering a little closer to the edge Nov. 18 when it declined to renew the licenses of the state's four Internet and telephone bet companies.

Fair Grounds ADW Deal: Good or Bad?

Fair Grounds ADW Deal: Good or Bad?

A recent deal that allowed expanded distribution of the Fair Grounds racing signal was hailed by some as a step forward in the months-long nationwide dispute between horsemen, racetracks, and advance deposit wagering entities. But some horsemen's groups are categorizing the development as a step backwards in an overall plan to secure higher revenue shares for purses from a growing wagering segment.

Without ADW Deal, Horses May Get Boot

About 1,000 Thoroughbreds could be forced to leave the grounds of Beulah Park by the end of this year if the racetrack and horsemen's association don't have a deal for advance deposit wagering revenue in place by Nov. 21, the day the Ohio State Racing Commission will award racing dates for 2009.

Hollywood's ADW Dispute Unresolved

Out-of-state account wagering bettors remained locked out of Hollywood Park races as a contract dispute between the Thoroughbred Owners of California and the four advance deposit wagering companies showed no sign of resolution Oct. 30, the second day of the fall meet.

Beulah, Horsemen Have Temporary Deal

Beulah Park and the Ohio Horsemen's Benevolent and Protective Association have "agreed to disagree" on contractual issues, but a temporary agreement has allowed the track to restore previous purse levels and export its signal.

California Defers ADW Rule Change

California Defers ADW Rule Change

After more than a year of discussion, the California Horse Racing Board has deferred any action on a proposed rule that would prohibit advance deposit wagering companies from making exclusive wagering agreements with Thoroughbred racetracks in the state.

Churchill ADW Agreement Off the Table?

An agreement has reportedly fallen apart for signal distribution of the upcoming Churchill Downs fall meet to advance deposit wagering entities, according to horsemen representatives involved in the negotiations.

Illinois, Oregon Horsemen Join THG

The Illinois Thoroughbred Horsemen's Association, which represents owners and trainers at Arlington Park and Hawthorne Race Course, and the Oregon Horsemen's Benevolent and Protective Association, comprised of horsemen competing at Portland Meadows, have voted to join the Thoroughbred Horsemen's Group.

Hollywood, Horsemen Reach Tentative Pact

Hollywood, Horsemen Reach Tentative Pact

California horsemen and Hollywood Park reached a tentative agreement Oct. 10 that allows the track to operate its 40-day autumn race meet, but a stalemate over host fees to be paid by account wagering companies for interstate bets remains unresolved.

ADW Model: Who's Right, Who's Wrong?

Support for reform of the revenue model for advance deposit wagering continues to increase, but as evidenced Sept. 30 during the International Simulcast Conference, it's looking more and more like a long-term project.

No ADW Issues Evident at Hawthorne

No ADW Issues Evident at Hawthorne

While signal distribution at racetracks continues to be a hot topic in the horse racing industry, that doesn't appear to be the case at Hawthorne Race Course, which opens its meet Sept. 26.

Ziegler Named Youbet.com Senior VP

Ziegler Named Youbet.com Senior VP

Mike Ziegler, most recently vice president and assistant general manager at Hollywood Park, has been named senior vice president of California-based Youbet.com, the company announced Sept. 16.

MEC Working With THG on Pricing Model

MEC Working With THG on Pricing Model

Magna Entertainment Corp., in a statement issued the evening of Aug. 28, acknowledged it is having discussions with the Thoroughbred Horsemen's Group on what company chairman Frank Stronach called "a new framework" for pari-mutuel economics.

'Realities' Force Calder Date Cuts

'Realities' Force Calder Date Cuts

Calder Race Course has asked the Florida Division of Pari-Mutuel Wagering for permission to hold live racing four days a week, rather than five, during 11 weeks beginning Sept. 1.

TOC to End Exclusive ADW Pacts

The elimination of exclusive account deposit wagering contracts and meeting the challenges of racetrack closures were among the subjects addressed at the Thoroughbred Owners of California's annual membership meeting Aug. 16 at Del Mar.

Ellis Park Announces 5% Purse Increase

Ellis Park Announces 5% Purse Increase

Ellis Park, which nearly closed a month ago due to stalled negotiations with horsemen over a new advance deposit wagering contract, announced it will increase purses by 5% beginning Aug. 13 through the close of the current meet Sept. 1.

CDI Pleased with Quarterly Results

CDI Pleased with Quarterly Results

Churchill Downs Inc. said Aug. 6 it was pleased with its second quarter results despite various challenges that left the company with flat earnings in year-over-year comparison, claiming a high-profile dispute with horsemen had "little impact" on certain aspects of its financial performance.

KHBPA Files Counterclaim in CDI Lawsuit

KHBPA Files Counterclaim in CDI Lawsuit

The Kentucky Horsemen's Benevolent and Protective Association has formally filed a counterclaim in the federal antitrust lawsuit brought by Churchill Downs Inc. and affiliates, and has joined with other defendants asking for their dismissal from the case.

Wagering Plummets Since Triple Crown

Wagering Plummets Since Triple Crown

Wagering has dropped 11% on North American Thoroughbred racing since the end of the Triple Crown series -- at least by one indicator -- a disturbing trend that can likely be attributed to a variety of factors.

Topics: THG and Future of Racing on TV

Topics: THG and Future of Racing on TV

The Thoroughbred Horsemen's Group, which advocates a new economic model for pari-mutuel wagering and has been engaged in high-profile battles in the racing industry, isn't going away anytime soon, its president said July 18.

Fan-Friendly ADW Experiment Nears End

Fan-Friendly ADW Experiment Nears End

With the looming expiration of an experiment to share racetracks among account wagering companies in California, representatives continue to meet in hopes of an agreement in time for the start of the Del Mar summer meet July 16.

THG to Racetracks: Let's Meet on ADW

The Thoroughbred Horsemen's Group is calling for a meeting with the Thoroughbred Racing Associations to discuss advance deposit wagering revenue given ongoing conflict between horsemen, racetracks, and ADW providers over equitable revenue splits.

Last-Chance Deal on Table at Ellis Park

Last-Chance Deal on Table at Ellis Park

Negotiations between Ellis Park and the Kentucky Horsemen's Benevolent and Protective Association continued July 5 in an effort to resolve a dispute that led the western Kentucky racing to shut down the day before its summer meet was to begin.

ADWs will Argue for Oregon Licenses

ADWs will Argue for Oregon Licenses

Two advance deposit wagering companies operating through the hub system in Oregon recently had their annual license renewals tabled by the state's racing commission, but will be able to rectify the situation at an upcoming July 17 meeting.

Geary Considers Options in ADW Situation

Geary Considers Options in ADW Situation

The owner of Ellis Park said he is willing to work with horsemen on revenue-sharing plans for wagering signals, but hasn't ruled out eventually closing the Kentucky track if an equitable long-term agreement isn't reached.

Evans: CDI Committed to End ADW Dispute

Evans: CDI Committed to End ADW Dispute

A leading executive of Churchill Downs Inc. told a gathering of shareholders June 19 that he didn't know when a nasty revenue-sharing dispute with horsemen would be resolved, but promised the company would do its part in reaching a satisfactory conclusion for all.

Horsemen's Request on Purses Denied

A federal judge in Louisville on June 16 denied the Kentucky Horsemen's Benevolent and Protective Association's request for a preliminary injunction to require Churchill Downs Inc. to consult with it before cutting purses at Churchill Downs.

THG to Negotiate for California Horsemen

The Thoroughbred Owners of California board of directors has unanimously endorsed the negotiating model created by the Thoroughbred Horsemen's Group, and has authorized the THG to represent the TOC in future simulcast negotiations, including in advance deposit wagering negotiations.

State Lawmakers Urged to Take ADW Action

As the popularity of advance deposit wagering increases, states need to take action to protect their horseracing industry, the president of the Thoroughbred Owners of California told a group of legislators meeting June 13 in Northern California.

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