Sportech PLC has enhanced its position in the online wagering market by acquiring eBet Online Inc., a California-based provider of technology and services to 20 outlets across North America.
Considering there were 13 fewer race days during the month of November compared to 2011 due to the aftermath of Hurricane Sandy, pari-mutuel handle was down only slightly while purses showed a small increase.
Operators of online racing and sports fantasy games said Dec. 4 the time is now for the horse racing industry to capitalize on them to develop fans and generate new revenue.
Churchill Downs Inc. hopes to improve returns for its already successful online segment while drawing new customers to pari-mutuel wagering with its new on-line wagering site Luckity.com.
- By Tom LaMarra
Racetracks are beginning to implement mobile wagering at their facilities with positive results, but officials said Oct. 3 they don't expect it to chase away tote machines and advance deposit wagering systems.
The Thoroughbred Racing Protective Bureau plans to roll out what it calls the "Tote Security System" in the fall of 2013, officials said Oct. 2.
Horse racing risks the chance of being left behind again if it doesn't position itself to participate in Internet wagering outside the advance deposit wagering arena, officials said Oct. 1.
Sportech Racing said Sept. 12 it has signed a three-year extension of the totalizator services agreement it has with all racetracks, racing fairs, and off-track betting networks in California.
Customers continue to receive letters from TwinSpires.com informing them of an early August security breach that allowed access to basic personal information.
AmWest Entertainment has launched a player-driven wagering website called AmWager.com, the company announced Aug. 1.
Protecting purse revenue from alternative gaming can be as hard, or harder, than winning legislative approval for it, horsemen said June 30 during a National Horsemen's Benevolent and Protective Association roundtable talk.
The Kentucky Court of Appeals has remanded the Instant Racing case to Franklin County Circuit Court after vacating that court's findings.
The Thoroughbred Owners of California June 1 tabled action on exchange wagering for one year and endorsed a deal proposed by The Stronach Group, leading to a strong response from Betfair TVG.
More than $81.95 million was bet through Instant Racing machines at Kentucky Downs from Sept. 1, 2011, through April 30, 2012, according to the latest figures from the Kentucky Horse Racing Commission.
Using the Kentucky Derby Presented by Yum! Brands (gr. I) to make his point, New York Assemblyman Micah Kellner, who represents Manhattan, railed on officials for not moving to offer offtrack betting at bars in New York City.
A dispute between Arlington Park and the Illinois Thoroughbred Horsemen's Association could lead to a simulcast blackout of the Illinois racetrack's signal out of state.
The Kentucky Court of Appeals is expected to issue an opinion on the challenge to Instant Racing machines in four to six weeks, one of three judges said April 25 after hearing oral arguments on the issue.
Georgia voters won't get a chance to decide on pari-mutuel wagering during the November election but supporters say progress is made every year.
Keeneland officials said the Lexington racetrack will be the first in the country to introduce "fractional wagering" and a decimal odds display when the spring meet begins April 6.
A Georgia House of Representatives committee has tabled legislation to authorize pari-mutuel horse racing, meaning there won't be a statewide referendum this year.
- By Tom LaMarra
Unseasonably warm weather in February no doubt contributed to a 7.60% increase in wagering on United States races.
Legislation that would tax pari-mutuel wagers made by Kentucky residents through advance deposit wagering services passed the House of Representatives by a 79-15 vote Feb. 24.
Legislation that would tax pari-mutuel wagers made by Kentucky residents through advance deposit wagering services was approved in committee Feb. 21 and heads to the House of Representatives.
Legislation that would impose an excise tax on advance deposit wagers made by Kentucky residents was introduced in the state House of Representatives Jan. 9.
A bill authorizing small offtrack betting operations in bars and restaurants, and another measure giving Atlantic City Race Course a larger chunk of revenue from casino race books, passed New Jersey legislative committees.
Legislation expanding offtrack betting to a limited number of bars and restaurants will be discussed by New Jersey legislative committees Jan. 5.
Instant Racing at Kentucky Downs produced more than $19.52 million in wagers in its first three months of operation, according to figures from the Kentucky Horse Racing Commission.
Hoosier Park Racing & Casino has invested $3 million in a new off-track wagering facility designed to attract a broader range of customers in downtown Indianapolis.
A Dec. 7 panel discussion on new frontiers in wagering turned into an indictment of the North American racing industry over its failure to innovate and change parochial revenue models.
A test model of the first exchange wagering system proposed for the United States will be demonstrated at the University of Arizona Symposium on Racing & Gaming in Tucson beginning Dec. 6.
Two Florida Quarter Horse Associations late in the day Nov. 30 asked a state court in Tallahassee to issue an emergency motion for a stay that would prevent the scheduled Dec. 1 start of pari-mutuel barrel racing.
Hamilton Downs Horsetrack in Jasper has asked the Florida Division of Pari-Mutuel Wagering for permission to use its Quarter Horse racing permit to hold pari-mutuel barrel racing.
The Breeders' Cup World Championships will be simulcast in about 25 countries this year, but officials said they continue to work on regulatory issues that are road-blocking common pools in those markets.
The president of Kentucky Downs said a placing judge's error was responsible for an incorrect placing of the horses' finish position in a Sept. 10 race at the Franklin, Ky., track.
Kentucky Downs is reporting receipts of more than a half-million dollars from Instant Racing machines during their first five days of operation.
Kentucky Downs will inaugurate Instant Racing in Kentucky Sept. 1 and believes the form of pari-mutuel wagering can help restore "vibrancy" to the state's horse racing industry.
Keeneland has launched its own advance deposit wagering system, which is available to residents of Kentucky, Arkansas, Florida, Louisiana, and Ohio.
Lone Star Park ended its 2011 meet July 10 with gains in daily average attendance and purses but an overall decline in pari-mutuel handle.
It appears Kentucky Downs will be the first racetrack in the state to apply to the Kentucky Horse Racing Commission for an Instant Racing license.
Regulations governing Instant Racing in Kentucky apparently will be on the books July 1, but there won't be a rush by racetracks to move forward on implementing the games.
- By Tom LaMarra
Republican U.S. Rep. Joe Barton of Texas has introduced legislation that would legalize Internet poker but no other forms of online casino gambling.
Keeneland, in an attempt to ease congestion at its drive-through betting windows May 6-7, Kentucky Oaks and Kentucky Derby Presented by Yum! Brands (both gr. I) days, is partnering with The Red Mile to add betting windows.
The Georgia House of Representatives has created the House Study Committee on the Horse Racing Industry, a boost to those seeking to win approval for pari-mutuel racing in the state.
The Kentucky Supreme Court has ruled the Instant Racing case will be heard by the state Court of Appeals before it tackles the issue.
Churchill Downs Inc. plans to expand beyond pari-mutuel wagering should online gambling be legalized on the state or federal levels, company officials said March 15.
Legislation calling for state licensing of advance deposit wagering companies advanced March 2 as Kentucky lawmakers try to get a handle on the fast-growing operations.
The Family Foundation of Kentucky, in an about-face, is attempting to slow the process by which a ruling on Instant Racing will be issued by the courts.
The Virginia Senate has again approved legislation authorizing Instant Racing--wagering on historical races--but the bill's reception in the House remains uncertain.
A Kentucky circuit court judge has ruled draft regulations for Instant Racing "are a valid and lawful exercise" of the Kentucky Horse Racing Commission's statutory authority.
- By Tom LaMarra
A transition of simulcast signals to the DISH Network offers long-term positives for the horse racing industry -- including the possibility of new revenue -- but in the short term, the road has been a bit bumpy.
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