The company has also expanded its partnership with TVG.
Churchill Downs Inc. has purchased advance-deposit wagering site BetAmerica, multiple sources from both companies said April 28-29.
TVG, America’s Horse Racing network, will launch complete live, on-track coverage of the Keeneland meet beginning Friday, April 7.
TVG is expanding its agreement with Sky Racing World to offer increased television coverage of Australian horse racing on TVG and TVG2 as well as launch additional wagering promotions for TVG account holders on Australian racing.
The National Thoroughbred Racing Association (NTRA) announced Feb. 7 that Betfair US/TVG has joined the organization and that Kip Levin, Chief Executive Officer of Betfair US and TVG, has been appointed to the NTRA's Board of Directors.
This month, TVG, America's Horse Racing network, will debut The Starting Gate, a new hour-long show that will air Saturday and Sunday mornings, providing a look at the horse racing industry, emerging prospects, current stars, and personalities.
Santa Anita Park and Golden Gate Fields are planning to limit the amount of advance deposit wagering operations that are permitted to take bets on races at the two racetracks, Scott Daruty said at a California Horse Racing Board meeting Dec. 15.
A crucial issue regarding how pari-mutuel takeout is distributed for racing in California was discussed, at times contentiously, during a California Horse Racing Board Pari-Mutuel and Wagering Committee meeting Dec. 14 at Los Alamitos Race Course.
Players have been slow to warm to exchange wagering through the first seven weeks of its full operation in New Jersey.
TOC president Nick Coukos believes surface changes should be made before multi-race wagers are initiated.
TVG, a leading advance deposit wagering provider, said human error was responsible for a May 7 systems breakdown that halted online wagering for more than two hours during the running of the Kentucky Derby (gr. I).
Betfair has become the first betting entity to agree to a new three-year funding arrangement designed to generate more purse money for British racing as an Authorized Betting Partner.
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.
HRTV, acquired by TVG earlier this year, was rebranded as TVG2 effective Oct. 28. In addition, HRTV.com is now TVG2.com.
Betfair, the exchange wagering giant and owner of U.S. advance-deposit wagering company and racing channel TVG, plans to merge with Paddy Power to become one of the world's largest public online betting and gaming companies.
TVG analyst Simon Bray has been diagnosed with multiple myeloma, a cancer of the blood, the television network said in a press release June 27.
In its fiscal year financials filed June 17, parent company Betfair reported a strong year for its U.S. advance deposit wagering operation and racing channel, TVG.
Triple Crown winner American Pharoah is pegged at 3-5 odds with Television Games Network and parent company Betfair to stand for a fee between $175,000 and $200,000 during his first season at Coolmore's Ashford Stud.
Horse Racing Radio Network and TVG will offer radio and television coverage, respectively, from Pimlico Race Course beginning May 13. NBC will televise the Preakness live from 4:30-6:30 p.m. EDT May 16.
As Monmouth Park prepares for its upcoming season, Dennis Drazin, who advises the track operators, said during May 5 luncheon the New Jersey facility is operating in the black.
Although other advance-deposit wagering options in Virginia remain, Colonial Downs announced April 7 that it will immediately shut down its EZ Horseplay ADW site.
Behind a strong quarter that saw 17% revenue growth at its New Jersey online casino, compared with the same quarter a year ago, Betfair reports a 25% revenue growth in its U.S. operations for the three months ended Jan. 31.
Lenny Shulman talks with Randy Gullatt of Twin Creeks Farm about Constitution, Mission Impazible, Graydar, Dubai, & business partner Steve Davison. Lenny also touches on TVG and the NTRA. Presented by Hill 'n' Dale Stallions watch video
Lenny Shulman talks with Randy Gullatt of Twin Creeks Farm about Constitution, Mission Impazible, Graydar, Dubai, facing Lea, and business partner Steve Davison. Lenny also has a Top 6 list for the new TVG, NTRA commentary, and more! Presented by Hill 'n' Dale Stallions.
The chief executive officer of TVG, on the heels of the announcement owner Betfair has purchased rival HRTV from The Stronach Group, said Feb. 18 the company plans to maintain both networks and market them accordingly.
Betfair and The Stronach Group announced Feb. 18 that TVG will assume operations of HRTV, bringing together the two competitors that televise North American and some international horse races.
Hollywood Casino at Charles Town Races has partnered with TVG to become the first full-time Thoroughbred track in the evening simulcast market to broadcast its races in high definition on the network.
Citing its mobile channel as a key driver, Betfair reports that its U.S.-based advance deposit wagering company TVG enjoyed a 15% spike in handle for the six months ended Oct. 31.
TVG has announced it will offer a guaranteed 5-2 return for win bets on Shared Belief for wagers up to $20 made Friday, Oct. 31, through TVGe's mobile platforms.
Horse racing network TVG begins its week-long Breeders' Cup programming Saturday, Oct. 25, with the return of "The Works--Breeders' Cup 2014."
TVG has launched what it calls "the first fully integrated horseracing betting App on the iPad," the racing network and wagering company announced Oct. 8.
TVG's on-site high-definition coverage of the "Fall Stars Weekend" at Keeneland Race Course in Lexington will include a number of production enhancements.
Advance-deposit wagering site TVG is promoting its Australian racing platform by offering a trip to the Melbourne Cup (Aus-I).
TVG has announced it will feature a number of state-of-the-art production enhancements during its 90-minute special telecast of the TVG Pacific Classic (gr. I) at Del Mar Aug. 24.
TVG Network and the New York Racing Association announced July 15 a multi-year extension of their agreement for TVG to televise, stream, and accept wagers on live horse races from NYRA tracks.
The eight-day Summer Thoroughbred Festival at Los Alamitos starts Thursday, July 3, marking the first meet for Thoroughbreds at the California track since the final Orange County Fair in 1991.
Del Mar will broadcast its signal in high definition this summer, joining a select number of tracks across the country that provide fans a crystal-clear look at their racing product.
Like its parent company Betfair, TVG enjoyed a strong 12 months for the fiscal year ended April 30, according to financials released June 11. TVG saw handle increase 33% to $74.76 million.
TVG announced its on-site Belmont Stakes (gr. I) week coverage that will focus on California Chrome's Triple Crown bid will begin at 10 a.m. EDT Wednesday, June 4, with a live broadcast of the post position draw.
Betfair Group on May 14 announced the appointment of Kip Levin as the new chief executive officer of its U.S. businesses comprising TVG and Betfair Casino.
TVG said it posted significant gains in wagering for the May 3 Kentucky Derby Presented by Yum! Brands (gr. I) program.
Time Warner Cable is now distributing TVG Network television programming nationwide in all systems as part of its Sports Pass package of programming.
TVG is introducing several innovations as part of its live coverage of the Keeneland Race Course meet that begins April 4.
TVG has announced it will begin offering commingled pari-mutuel wagering on, and live television coverage of, horse races from Happy Valley and Sha Tin racecourses in Hong Kong, which routinely attract large wagering pools.
Increasing purses and reducing costs were primary topics at the Thoroughbred Owners of California open forum held at Santa Anita Feb. 8.
The pros and cons of exchange wagering were among the highlights of the Jan. 24 session of the Horsemen's Benevolent and Protective Association winter convention in Pasadena, Calif.
TVG and Oaklawn Racing and Gaming announced Jan. 6 that the network will telecast the 57-day Oaklawn Park 2014 race meet beginning January 10, with daily, on-site, live coverage hosted by TVG's Frank Mirahmadi.
Jerome Doro and Nancy Ury have joined the Oaklawn Park staff in key seasonal positions ahead of the 2014 live race meet.
A mini-break in Santa Anita's 2014 dates, an agreement to allow HRTV and TVG to broadcast all major California racetracks, and reduced takeout on Santa Anita's Daily Double wagering were discussed at the Nov. 21 CHRB meeting.
Canterbury Park's 69-day racing season, the longest since 2006, concluded Sept. 14 with gains in average handle and attendance.
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