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On-Track Down, Simulcast Up at Keeneland

On-Track Down, Simulcast Up at Keeneland

A rainy October in Kentucky led to much lower on-track business for the Keeneland fall meet, but good racing at the track helped the simulcast wagering, and the combined off-track and on-track betting increased.

NYRA, TVG Have No Agreement

NYRA, TVG Have No Agreement

In a short statement issued Jan. 1, New York Racing Association chief Charlie Hayward said an agreement had not been reached to send the organization's racing signal to TVG.

Mexican Simulcast Company Upgraded

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Mexico's Caliente Group, a veteran player in the simulcast racing industry, has improved its simulcast system with major technical upgrades.

State Grants Calder Additional Dark Days

Calder Race Course got state permission to run four days a week instead of five for an 11-week period beginning Sept. 1. The South Florida track has lost horses due to reduced purses that were caused by a lingering dispute over simulcast signal distribution.

Los Alamitos, Woodbine Receive Simlucast Award

Los Alamitos Race Course and Woodbine Entertainment Group's Thoroughbred simulcast productions were declared co-winners of this year's Simulcast Award, presented Sept. 18 by Post Time Technologies 18 at the International Simulcast Conference in Kansas City, MO.

Eclipse Expansion

By Ray Paulick - Keeneland's director of racing, W.B. Rogers Beasley, earlier this year made an interesting case for expansion of the Eclipse Awards from 11 to 15 equine categories (including steeplechasers). Suggested additions were 3-year-old males and 3-year-old fillies on turf, filly and mare sprinters, and turf sprinters.

Churchill Revenue Up; Economy Impacts Simulcasting Handle

Churchill Downs reported Tuesday that first quarter revenues rose 22 percent to $31.7 million, compared with $25.9 million for the same period last year. The company reported a net loss of $11.0 million, or 84 cents per share on 13.0 million average shares outstanding, compared with a net loss of $8.8 million, or 89 cents per share on 9.9 million average shares outstanding, in the first quarter of 2000. Weakness in the economy has affected the simulcasting handle, but improvements in the Churchill Downs Simulcasting Network's marketing and presentation could offset the losses.

NYCOTB, Standardbred Tracks at Odds

State racing regulators have begun investigating a nasty new battle between the New York City Off Track Betting Corp. and Monticello Raceway and Vernon Downs after the big betting outfit suddenly stopped simulcasting races from the two upstate Standardbred tracks.

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