Keyword: pari-mutuel wagering

  • Calder Casino and Race Course

    Calder Casino Gets Off to Modest Start

    During the first full month of operation, slot machines at Calder Casino & Race Course placed third in pre-tax revenue among the five pari-mutuel casinos in southeast Florida.

  • Georgians Are Divided Over Horse Racing

    While some horse racing officials in Georgia believe a resolution that would allow horse racing and pari-mutuel wagering has a good chance of being approved, others oppose the proposal in its current form.

  • Aussie Debate Rings True in North America

    Racing industry participants in Australia are seeking "certainty based on a fair return" from betting operators and have taken their case to a commission charged with helping government make better policies.

  • TRPB Developing 'Tote Security Initiative'

    The Thoroughbred Racing Protective Bureau publicly acknowledged Dec. 17 its work on a "tote-enhancing initiative designed to address fan concerns with pari-mutuel wagering and improve efficiency and security in the future."

  • Betfair Wants to Expand U.S. Wagering

    Betfair, operator of the Great Britain-based betting exchange and owner of TVG, wants to work with the United States pari-mutuel industry to expand wagering opportunities, a top official with the company said Dec. 8.

  • Horsemen Seek Involvement in Betfair Deals

    Thoroughbred horsemen plan to meet with Betfair officials Dec. 7 to ensure they are party to contracts the Great Britain-based company is signing with United States racetracks for their content.

  • Georgia Committee Studies Racetrack Benefits

    The state of Georgia may be in for some changes in the coming months as horse enthusiasts try to convince lawmakers that building a racetrack is vital to both the struggling breeding industry and the economy as a whole.

  • CDI 'Well-Positioned' to Make Other Deals

    Churchill Downs Inc., which announced Nov. 11 plans to purchase Youbet.com and its United Tote subsidiary for about $126.8 million, is on the lookout for other prospective purchases in the area of Internet wagering.

  • KY Delays Action on Stop-Bet Recommendation

    A controversial recommendation to halt wagering at zero minutes to post time at all racetracks was shelved by the Kentucky Horse Racing Commission Oct. 27 pending a public meeting at which the issue will be further vetted.

  • Bet Monitor Has Contracts in Place in NY

    Advanced Monitoring Systems, selected by the New York State Racing and Wagering Board to provide independent wagering oversight, announced Oct. 19 it has deals in place with the three tote companies that service New York betting outlets.

  • Status Quo, 'Welfare' Mentality Big Threats

    If the horseracing industry fails to make voluntary changes it has resisted for decades, the only things that may save it from doom are involuntary changes brought on by forces in the gambling and entertainment marketplace, officials said Oct. 13.

  • TRA Adopts Protocol for 'Off Time' Display

    The Thoroughbred Racing Associations board of directors has adopted a protocol establishing industry-wide standards pertaining to the display of accurate "off time" for the start of the race.

  • Online Gambling Bill Has Racing Provisions

    Federal legislation that would regulate online poker and games of skill protects pari-mutuel horse racing under the Interstate Horseracing Act and includes various tax breaks sought by the racing industry, the National Thoroughbred Racing Association said Aug. 7.

  • Penn Pick Three Recalculated After Glitch

    Hollywood Casino at Penn National Race Course said it will make good on a pick three result that was calculated in error June 5 because of a breakdown in tote communications before post time of the second race in the sequence.

  • Penn Stops Betting Early After Tote Glitch

    Another tote communication glitch led officials at Hollywood Casino at Penn National Race Course to start closing pari-mutuel pools when the first horse enters the starting gate, effective June 6.

  • Penn Refunds Pools in Past-Posting Incident

    Hollywood Casino at Penn National Race Course refunded more than $150,000 in wagers after a communications router failure at its main wagering hub went down, leaving the second race May 20 open for betting after off time.

  • Preakness Yields Bountiful Handle Increases

    Wagering was up on several segments of the Preakness day card, according to data released May 18 by Maryland Jockey Club officials, fueled in part by the showdown between Kentucky Derby Presented By Yum! Brands (gr. I) winner Mine That Bird and Kentucky Oaks (gr. I) victress Rachel Alexandra.

  • 'Integrity Void' Strikes Nerve -- Again

    Simmering concerns over wagering security in the pari-mutuel industry flared up again April 21 with a strong call for independent monitoring and an end to the practice of "past-posting" -- making bets after races begin.

  • Youbet Expands International Offerings

    Youbet.com has signed three agreements that will enable its members to watch and wager on racing from South Africa, Sweden, additional tracks in the United Kingdom, and Puerto Rico, providing nearly 24-hour-a-day racing coverage.

  • The Hialeah Walking Ring, circa 1965.

    Hialeah OK'd for Quarter Horse Racing

    Hialeah Park received a Quarter Horse permit from the Florida Division of Pari-Mutuel Wagering on March 17, with an apparent mandate to begin that racing by March 17, 2010.

  • BC Tax Break Passes Kentucky Senate

    A 187-page bill that passed the Kentucky Senate March 13 includes provisions for a tax break for the Breeders' Cup World Championships if the event is held in Kentucky in 2011 or 2012, or 2011 and 2012.

  • Simulcast Confab to Saratoga Springs

    The Thoroughbred Racing Associations has announced Saratoga Springs, N.Y., as the host city for the 18th International Simulcast Conference. The 2009 conference will be held Oct. 12-14 at the Saratoga Hilton.

  • TRA Adopts Protocol for Past-Posting

    The Thoroughbred Racing Associations board of directors has adopted a protocol that establishes industry-wide procedures for tracks to follow in case betting fails to close promptly at the start of a race -- something commonly referred to as "past-posting."

  • Hawthorne Racing

    Average Total Handle Rises at Hawthorne

    Hawthorne Race Course in Illinois registered gains in average daily total handle for its 2008-09 fall/winter meet thanks to increases in out-of-state wagering. On-track and in-state handle on Hawthorne races declined, however.

  • Colonial Downs

    Colonial Trims Staff, Closes OTB Parlor

    Colonial Downs may be looking for a manager to operate its live Thoroughbred and harness meet after releasing general manager Iain Woolnough Nov. 10. It also closed one of its nine off-track betting parlors in Virginia.

  • Illinois, Oregon Horsemen Join THG

    The Illinois Thoroughbred Horsemen's Association, which represents owners and trainers at Arlington Park and Hawthorne Race Course, and the Oregon Horsemen's Benevolent and Protective Association, comprised of horsemen competing at Portland Meadows, have voted to join the Thoroughbred Horsemen's Group.

  • ADW Model: Who's Right, Who's Wrong?

    Support for reform of the revenue model for advance deposit wagering continues to increase, but as evidenced Sept. 30 during the International Simulcast Conference, it's looking more and more like a long-term project.

  • Siegel Donates $100,000 to Assist THG

    Prominent Thoroughbred Owner Mace Siegel, vice president of the Thoroughbred Owners of California, has given $100,000 to support the Thoroughbred Horsemen's Group and its efforts to protect live horse racing.

  • Mike Ziegler

    Ziegler Named Youbet.com Senior VP

    Mike Ziegler, most recently vice president and assistant general manager at Hollywood Park, has been named senior vice president of California-based Youbet.com, the company announced Sept. 16.

  • Computer Bets, Bookmaking Confab Topics

    Michael Konik, author of The Smart Money: How the World's Best Sports Bettors Beat the Bookies Out of Millions, will address the subject of programmed wagering and offshore booking Sept. 29, first day of the International Simulcast Conference in St. Petersburg, Fla.

  • SPMOs Face Mandatory Certification

    Regulators in 13 racing states announced Aug. 4 they will begin the lengthy process of requiring offshore wagering entities and secondary pari-mutuel operations -- commonly referred to as SPMOs -- to obtain certification from the Association of Racing Commissioners International before they receive approval to wager into pools.