Horsemen hashed out the issue of high-volume bettors and rebates Jan. 13, and in the process got a fairly detailed look at their impact on pari-mutuel Thoroughbred racing in the United States.
A federal bankruptcy judge has ruled that simulcast providers owed money from tracks operated by bankrupt Magna Entertainment are entitled to funds they paid bettors but not reimbursement for fees and commissions.
The head of a Kentucky horsemen's association said his group withheld approval for the Churchill Downs signal to go out to a pair of offshore rebate shops for the undercards of the Kentucky Derby Presented by Yum! Brands (gr. I) and Kentucky Oaks (gr. I), and is aggravated that the track is blaming horsemen for a decline in handle on the two programs.
TrackNet Media Group is confident it will execute a contract to carry the Breeders' Cup World Championships signal, an executive with the content management company said Oct. 16.
TrackNet Media Group will allow customers of Elite Turf Club and Racing & Gaming Services who wager $1 million or more annually to receive rebates on TrackNet races, the racetrack content company announced Aug. 1.
Keeneland will not make its live racing available for simulcasting to five outlets located both inside and outside of the United States. The official announcement was made Friday, the opening day of the 16-day meeting in Lexington.
Most Popular Stories
- American Pharoah 'Went Great' in Slop at CD
- Filly First Winner for Twirling Candy
- Unbeaten Karpino Romps in German Guineas
- Top-Quality Catalog for JRHA Select Sale
- Dinerman New Emerald Downs Announcer
- Record Average at MM Weanling Sale
- Gulfstream Starter Bonus Tied to Field Size
- American Pharoah at Churchill Downs May 25
- American Pharoah Continues Churchill Training
- Sheikh Hamdan: U.S. TC Too Much Pressure