The British Horseracing Authority (BHA) has suspended jockey Andrew Heffernan for 15 years after determining the young rider fixed nine races from Nov. 1, 2010 to March 31, 2011.
The British Horseracing Authority has charged a jockey and eight others, including three soccer players, with race fixing.
Gemstar-TV Guide International announced it has named Ryan O'Hara chief operating officer of its TVG Network.
Mark Wilson has resigned as president and chief executive officer of the TV Games Network but will take over as chairman of the company, Gemstar-TV Guide announced Feb. 4.
Continuing to build on its increased distribution, TVG's handle on Saturday, the day of the Breeders' Cup World Thoroughbred Championships, was $3,362,026, 31.1% higher than on Breeders' Cup day in 2002.
Highlighted by record wagering on Kentucky Derby day, TVG posted the highest quarterly handle in company history for the quarter that ended June 30.
TVG will now be available on Cox Communications digital cable service in Santa Barbara and Bakersfield, California.
The TVG network reported Monday that the Kentucky Derby fueled the largest single day of wagering in the company's history. TVG handled $4,045,559 on Saturday, May 3.
A multi-year deal between the Television Games Network and the DirecTV satellite service gives the 24-hour horse racing network access to an additional 11 million homes in North America.
The Television Games Network (TVG) announced today it has reached a multi-year agreement with Atlanta-based Cox Communications, Inc. to carry the 24-hour horseracing and interactive waging network.
The TV Games Network has experienced explosive growth since California adopted advanced deposit wagering last January.
The TV Games Network is enjoying record growth due to the opening of Hollywood Park, the Kentucky Derby (gr. I), and an increasing popularity in Quarter Horse racing at Los Alamitos.
- By Tom LaMarra
TV Games Network and AmericaTAB have signed a patent license and content agreement that allows AmericaTAB to accept wagers on TVG's exclusive partner tracks, and implement TVG technology.
Online wagering company America Tab has gained access to many of the country's premier racetracks by entering into a patent and content licensing agreement with the TV Games Network.
In a deal that will give it exposure in a major market, TV Games Network has reached a two-year agreement to exclusively air live Southern California horseracing on FOX Sports Net West (FSN) and FOX Sports Net West 2 (FSN2).
The Thoroughbred Owners of California is using a deal with Magna Entertainment as leverage in an attempt to garner a greater share of pari-mutuel takeout from account wagers made through the TV Games Network. In question is a share of the money TVG pays to the National Thoroughbred Racing Association.
Despite not being able to take bets on the two California Thoroughbred tracks currently operating, the Television Games Network said it is running neck and neck with competing account wagering entity XpressBet on total telephone and Internet handle for the first 12 days of legal advance deposit wagering (ADW) by California residents.
The California Horse Racing Board has granted licenses to two companies to offer account wagering effective immediately, and betting will begin. But the licenses are time-sensitive, and some deals with horsemen remain in limbo.
TVG, the 24-hour interactive horse racing network, announced Wednesday its television network will be included in the digital cable television service for select Los Angeles area cable systems owned and operated by Adelphia Communications.
Applications from four companies seeking to offer Advance Deposit Wagering, or account wagering, in California will be considered by the California Horse Racing Board Thursday, Jan. 24. The regulations were approved by the state last Friday, allowing the CHRB to proceed with consideration of the applications from Autotote Enterprises Inc., Magna Entertainment Corporation, ODS Technologies (TVG), and Youbet.com. At the invitation of The Blood-Horse, each of the four license applicants was asked to provide a brief statement concerning their proposal for account wagering in California. Here is the response from ODS Technologies' TVG operation.
- By Ray Paulick
Talks between Magna Entertainment and the TV Games Network are over, according to TVG president Mark Wilson, who has been negotiating with Magna chief executive officer James McAlpine in hopes of striking a deal to bring Santa Anita, Gulfstream Park, and other Magna tracks to TVG's racing and wagering network.
- By Tom LaMarra
The majority owner of a growing account-wagering service based in Ohio said exclusive contracts that govern betting could cripple the pari-mutuel industry at a time when it is poised for explosive growth. The comments came on the heels of a spirited debate between the TV Games Network and Magna Entertainment over exclusivity, an issue that won't go away.
Mark Wilson, president and CEO of TVG, has issued a lengthy statement in response to widely-reported comments made by Jim McAlpine, President and CEO of Magna Entertainment Corporation, at the University of Arizona's Race Track Industry Program's "Symposium on Racing."
When California introduces account wagering, the TV Games Network will be ready for a full assault. Perhaps the last great frontier for the home-wagering revolution, the Golden State represents a golden opportunity for TVG when advance-deposit wagering becomes legal in the state Jan. 1, 2002.
- By Tom LaMarra
As the California horse racing industry awaited action by Gov. Gray Davis on account wagering legislation, the TV Games Network and Thoroughbred Owners of California announced they had reached an agreement in principle to protect purses should live handle be negatively impacted by account betting.
The TV Games Network became available today to 40,000 Comcast cable television subscribers in the Baltimore metropolitan area. It is the first time TVG has been available on a cable system outside Kentucky.
NTRA Services will not renew its license to operate a wagering hub in Oregon. Instead, the TV Games Network, for which the National Thoroughbred Racing Association subsidiary operates the hub, is expected to apply for the license itself.
Youbet.com has signed a deal that could give the Television Games Network a majority interest in the online horse racing and wagering service. Under the terms of the agreement, Youbet.com will pay TVG fees based on the handle. Youbet.com also has issued warrants allowing TVG to buy 19.9% of the online service's 19.4 million shares of common stock for 1 cent per share. Youbet.com's stock reacted strongly to the news. The stock, which closed at 75 cents per share Friday, jumped 101% to peak at $1.51 within the first hour of trading Monday.
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