A new advance deposit wagering service, TwinSpires, is prepared to launch on May 2, accepting wagers on the 2007 spring meet at Churchill Downs racetrack in time for the 133rd renewals of the Kentucky Derby Presented by Yum! Brands (gr. I) on May 5 and the Kentucky Oaks (gr. I) a day earlier, Churchill Downs Inc., announced.
TVG has a new distribution agreement with DIRECTV that will make the network available to an additional eight million subscribers of the satellite service.
Churchill Downs' new account wagering service, TwinSpires, will not be open for business in time for the opening of the 2007 spring meet on Saturday, Churchill Downs Inc. announced April 27.
A decision by the AmericaTAB account wagering consortium to join TrackNet Media Group is a sign of support for efforts by Churchill Downs Inc. and Magna Entertainment Corp. to end exclusive contracts, an official said.
TrackNet Media Group will be a content provider for AmericaTAB under an agreement announced April 18.
An application by twinspires.com, the new Churchill Downs Inc.-owned account wagering service, was approved by the Virginia Racing Commission.
Though questions persist about TrackNet Media Group, the entity formed by Churchill Downs Inc. and Magna Entertainment Corp. to buy and sell simulcast signals, it has generated an initial positive response from one of the country's major horsemen's groups.
Churchill Downs Inc. has received approval to operate an account wagering hub in Oregon and plans to have its new betting service, twinspires.com, operational before the spring meet begins at Churchill Downs April 28.
HRTV will be broadcast on Racing World in Great Britain and Ireland five days a week beginning March 28.
Churchill Downs Inc. and the Jockeys' Guild announced settlement March 21 of legal claims filed against each other in U.S. District Court related to jockey boycotts of races at two Churchill Downs-owned racetracks in November 2004.
Tom Aronson, one of the architects of the TVG racing network business plan in the late 1990s, has been hired as vice president of Churchill Downs Inc. to focus on development and innovation of the product.
Account wagering provider Youbet.com said it applauds the partnership between Churchill Downs Inc. and Magna Entertainment Corp. because it should assist in wagering growth.
TVG announced Feb. 15 that it has discontinued negotiations on extending its television and advance deposit wagering contract with Churchill Downs Inc.
Fair Grounds Race Course and its parent company, Churchill Downs Inc., confirmed their intent to move forward with plans to build a slot machine gaming facility adjacent to the historic racetrack in New Orleans.
Arlington Park announced Feb. 6 it will install Polytrack for its meet that begins May 4.
Jockeys' Guild officials suggested the inability of the industry to thus far sufficiently support the Permanently Disabled Jockeys Fund could turn into a public relations nightmare for horse racing.
Churchill Downs Inc., under the leadership of chief executive officer Bob Evans, is forming a team that will address technology-related issues for the racetrack company.
Churchill Downs Inc. reported Tuesday that earnings tumbled in the third quarter, as the year-ago period benefited from a hefty gain on the sale of assets.
The new chief executive officer of Churchill Downs Inc. believes horse racing has an opportunity to move to another level if the industry embraces a new way of thinking.
Ron Geary, who is expected to close on his purchase of Ellis Park in late September, will discuss his vision for the western Kentucky racetrack at an Oct. 2 meeting of the Louisville Thoroughbred Club.
Churchill Downs Inc. exercised its contractual rights in regard to an account wagering dispute in Illinois by revoking permission for TVG sub-licensees to take bets on the Arlington Park signal, a company official said a day after the Arlington meet ended. Meanwhile, it remains unclear whether the Hawthorne Race Course signal would be available through TVG or other account wagering outlets.
Two Churchill Downs Inc.-owned racetracks - Churchill Downs and Fair Grounds - have named Ben Huffman and Sam Abbey as their respective racing secretaries.
A group comprised of representatives from eight North American horse racing organizations announced the release of Wagering Transmission Protocol ("WTP") Version 1.0. The group also is inviting commentary from interested parties that would improve and enhance the protocol.
Magna Entertainment Corp. chairman Frank Stronach indicated his company hopes to be involved in New York racing on some level, and that it also is working with Churchill Downs Inc. on projects that will benefit the two companies and the industry at large.
Kentucky racing in the summer months hasn't gotten much attention over the years, but that could change if Ron Geary has his way.
One day after being named chief executive officer and president of Churchill Downs Inc., Robert Evans told a group of assembled media he is ready to lead the Louisville, Ky.-based racetrack company into the future.
Churchill Downs Inc. has reached a definite agreement to sell Ellis Park in western Kentucky to a company owned by Ron Geary, a horse owner who recently retired as president and chief executive officer of ResCare, a Louisville, Ky., based, publicly-held provider of training services and services to persons with developmental and other disabilities.
Former National Thoroughbred Racing Association executive Terry Meyocks said he is working with a group interested in purchasing Ellis Park from Churchill Downs Inc.
A handicapper who wins a Churchill Downs Inc. qualifying tournament and the 2007 Daily Racing Form/NTRA National Handicapping Championship will win a $1-million bonus.
Industry associations have joined the thousands of racing fans rallying around Barbaro, who was pulled up in the May 20 Preakness Stakes (gr. I) and underwent surgery on his right hind leg the following day.
Churchill Downs Inc. has restructured some of the company's corporate staff, resulting in the elimination of several positions and consolidation of the corporate and racetrack communications and marketing departments.
Churchill Downs Inc. officials are encouraged by a rebound of their Louisiana operations in the wake of Hurricane Katrina, but it appears slot machines at Fair Grounds won't be operating until mid-2008 at the earliest.
New York City came to Louisville, Ky.--and vice versa--the morning of May 2 when the opening bell of the NASDAQ stock exchange rang from a fourth-floor porch at Churchill Downs to celebrate Derby week.
The Louisiana State Racing Commission unanimously approved Fair Grounds' application to host an 81-day meet in 2006-07.
The Louisiana State Racing Commission Monday unanimously approved Fair Grounds' request for an 81-day racing season in New Orleans beginning Thanksgiving Day (Nov. 23) and running through March 25, 2007.
Fair Grounds has applied to the Louisiana State Racing Commission to host an 81-day meet in 2006-2007 at its facility in New Orleans, president and general manager Randy Soth said April 14.
Churchill Downs Inc., Magna Entertainment Corp., and Racing UK announced April 7 that the three organizations have reached agreement to partner in a subscription television channel that will broadcast races from CDI and MEC racetracks, as well as other North American and international racetracks, into the United Kingdom and Ireland.
Expansion of account wagering and improvements to existing platforms are a chief objective of Churchill Downs Inc., whose chief executive officer, Tom Meeker, indicated change is needed to generate more industry revenue and maintain or expand the customer base.
Churchill Downs president Steve Sexton gave students in the University of Arizona Race Track Industry Program tips on how to grow a company in a mature industry, improve customer relations, and find new ways to market horse racing.
Legislation to be considered by the Indiana Senate would mandate that incoming simulcasts be made available to all wagering outlets in the state or not be available at all. The bill was reported out of the Senate Committee on Homeland Security, Utilities, and Public Policy Jan. 24.
As Churchill Downs Inc. continues to assess whether Fair Grounds will be ready to host its 2006-07 meet beginning in late November, the president of the Louisiana Horsemen's Benevolent and Protective Association said anything less than a live meet in New Orleans would bring "strong opposition" from the organization.
Magna Entertainment would be interested in partnering with Churchill Downs for New York's potentially lucrative Thoroughbred racetrack franchise, but wants nothing to do with the New York Racing Association, Magna Chairman Frank Stronach said Jan. 24.
Churchill Downs Inc. announced Thursday that the company had initiated a formal succession-planning process for the position of president and chief executive officer, which is currently held by Thomas H. Meeker. Meeker's current employment contract with CDI will expire in March 2007. Meeker plans to retire from the company and step down from its board of directors upon the expiration of his employment contract.
Though repairs to damage from a Nov. 6 tornado won't be completed by summer, Ellis Park in western Kentucky will conduct its 36-day meet in 2006, parent company Churchill Downs Inc. announced Dec. 28.
Churchill Downs Inc. announced Dec. 12 that Clifford C. Goodrich would leave his position as president of Arlington Park, the company's racetrack in Arlington Heights, Ill., in order to pursue other professional and personal interests.
Racetrack officials met with the new leadership of the Jockeys' Guild Dec. 1 to discuss "issues of mutual concern," according to a Guild release.
Insurance adjusters were at Ellis Park Nov. 7 assessing the damage wrought by a tornado that struck the western Kentucky racetrack early in the morning the previous day.
Members of the U.S. House of Representatives are calling on the National Labor Relations Board and the National Institute of Occupational Safety and Health to take action to protect jockeys, exercise riders, and others who work with racehorses.
Restoration of power is the key to whether Calder Race Course can resume simulcast operations in time for the Oct. 29 Breeders' Cup World Thoroughbred Championships at Belmont Park, and the South Florida racetrack's live racing schedule remains up in the air in the aftermath of Hurricane Wilma, which damaged a number of barns in the stable area.
Paul Kuerzi, who has served as vice president and general manager of Ellis Park since 1999, has announced plans to leave the Henderson, Ky., track at the end of the year.
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