Keyword: exchange wagering

  • Monmouth Park

    Monmouth Park Set for Ground-Breaking Meet

    When Monmouth Park begins a new season of racing Saturday, May 14, fans will notice a few new items around the racetrack, including a banner for Zayat Stables' American Pharoah, this year's inductee into the Oceanport, N.J. track's Hall of Champions.

  • Daily Fantasy Gaming Discussed at Symposium

    While a panel of experts on daily fantasy gaming and its current legality differed on some details, they largely agreed this relatively new gaming form is here to stay and racing should work with it.

  • Symposium: Innovators Offer Variety of Ideas

    The four finalists to present their ideas during the Innovators' Circle, which offers a $15,000 prize, offered ideas in technology to prevent breakdowns, a multi-race wager, a jackpot game, and micro-ownership in horses.

  • TVG Increases Revenue Following HRTV Purchase

    Betfair credits some of the growth in its U.S. operations during the first six months of its fiscal year to its advance-deposit wagering outlet and racing channel TVG purchasing rival racing channel HRTV.

  • Mike Rogers of Stronach Group offering industry insights during the National Horsemen's Benevolent and Protective Association winter convention.

    Stronach Group Addresses Fundamental Issues

    The Stronach Group remains optimistic about the future of the horse racing industry in North America and will continue to push for what it believes are fundamental structural changes needed to move the business forward.

  • Racing at Del Mar

    CHRB Gets Nod for Exchange Wagering Rules

    Exchange wagering rules in California have been approved by the state's Office of Administrative Law, though implementation of any agreement to conduct the non-traditional form of pari-mutuel wagering is quite a ways off.

  • Exchange Wagering Facing Delay in California

    Implementation of exchange wagering in California will be delayed for several months after the state's Office of Administrative Law rejected provisions approved earlier this year by the California Horse Racing Board.

  • Handle Up, Revenue Flat at TVG

    Improved handle failed to translate to increased revenue at advance-deposit wagering company TVG Network during the three-month period ending Jan. 31.

  • RCI Conference to Examine Drug Penalties

    When regulators meet for the annual Association of Racing Commissioners Conference on International Racing & Wagering Integrity, they will consider rule changes that could overhaul medication policies in the sport.

  • Exchange Wagering Rules Approved by CHRB

    Rules governing exchange wagering gained initial approval from the California Horse Racing Board at its meeting Sept. 20, more than a year after the commission had announced its intention to promulgate them.

  • CHRB Taking Longer Look at Exchange Wagering

    Exchange wagering seems to be getting all the scrutiny it can handle from the California Horse Racing Board. Nearly two years after the concept was signed into law, the board decided to delay implementation June 28.

  • CTT Objects to Exchange Wagering at Del Mar

    John Sadler, president of the California Thoroughbred Trainers, told the state horse racing board his group objects to exchange wagering and is not prepared to sign an agreement with the Del Mar for the upcoming meet.

  • CHRB Eyes Licensing of Stronach Companies

    A proposal by Frank Stronach to publicly offer shares in six racing companies, each with a 20-horse stable, can legally conduct business in California, a staff report for the state's horse racing board concludes.

  • Exchange Wagering Grilled at CHRB Meeting

    Exchange wagering in California drew some strong opposition from The Stronach Group and several horsemen's organizations during its first California Horse Racing Board committee hearing Feb. 9 at Santa Anita.

  • CHRB Committee Mulls Exchange Wagering

    Exchange wagering may move one step closer to reality after a California Horse Racing Board committee considers rules and enforcement issues surrounding the new betting system.

  • Total Handle on BC at Least $183 Million

    Total pari-mutuel wagering on the Nov. 4-5 Breeders' Cup World Championships at Churchill Downs was at least $183 million, according to the latest figures released by Breeders' Cup.

  • Report: Betfair Customers Not Told of Theft

    Betfair, the largest operator of exchange wagering in the world, admitted it did not inform its customers that details of millions of credit cards were stolen in a 2010 cyber attack, the UK Press Association reported.

  • RCI: Exchange Wagering Takes Center Stage

    Exchange wagering was a hot topic during the annual conference of the Association of Racing Commissioners International in New Orleans, as the need for strong regulatory guidance and preventative action was stressed.

  • Technology and the Racing Fan

    People want convenience, low prices, and a game that is easy to learn and play; exchange wagering fits that description.

  • Calif. OKs Exchange Wagering, Takeout Hike

    California legislation that would redirect perhaps as much as $70 million from winning bets to purses and make the state the first in the nation to approve head-to-head wagering on horse races gained approval Aug. 31.

  • California Racing Gets Some Encouragement

    Struggling as it never has before, the California horse racing industry went to the State Capitol in Sacramento March 4 looking for some answers. And surprisingly, racing seemed to get a warm reception.