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Youbet Focus of Potential Takeover?

Youbet Focus of Potential Takeover?

A public equity investment firm managed by the president and chief executive officer of Youbet.com is considering several options for the online wagering and tote company, including a potential takeover, according to a recent filing with the Securities and Exchange Commission.

TVG Renews Breeders' Cup Sponsorship

TVG Renews Breeders' Cup Sponsorship

The Breeders' Cup and Television Games Network announced a renewal of TVG's sponsorship of the Breeders' Cup World Championships. For this year's event, the horse racing network and premier account wagering company will be the title sponsor of the $1 million Breeders' Cup Dirt Mile.

No ADW Issues Evident at Hawthorne

No ADW Issues Evident at Hawthorne

While signal distribution at racetracks continues to be a hot topic in the horse racing industry, that doesn't appear to be the case at Hawthorne Race Course, which opens its meet Sept. 26.

JC Gold Cup to be Televised on ESPNEWS

JC Gold Cup to be Televised on ESPNEWS

The National Thoroughbred Racing Association, in conjunction with the New York Racing Association, announced that the Sept. 27 Jockey Club Gold Cup (gr. I) at Belmont Park will be televised live on ESPNEWS.

No Network TV Coverage for Weekend Races

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No Network TV Coverage for Weekend Races

Despite 12 grade I stakes this weekend at Belmont Park and Oak Tree at Santa Anita, the only TV coverage will be provided by TVG and HRTV, although a spokesperson for the NTRA said the Jockey Club Gold Cup (gr. I), featuring Curlin, may be shown on ESPN Classic or ESPN News. That, however, has yet to be decided.

Hollywood, Horsemen Squabble Over ADW

With horsemen and Hollywood Park unable to come to agreement on revenue splits from account wagering sources for the upcoming autumn meet at the Inglewood track, the California Horse Racing Board agreed to conduct a special hearing to settle the impasse.

TVG to Offer Live Coverage of MassCap

TVG to Offer Live Coverage of MassCap

TVG will air exclusive live, on-site coverage of various Breeders' Cup World Championships prep races, including the $500,000 Massachusetts Handicap Sept. 20. The race at Suffolk Downs is a Breeders' Cup "Win and You're In" event.

TVG to Cover Big Brown Live at Monmouth

TVG to Cover Big Brown Live at Monmouth

TVG will offer exclusive live coverage of Big Brown as he makes his final prep for the Breeders' Cup Classic (gr. I) in the $500,000 Monmouth Stakes Sept. 13 at Monmouth Park in New Jersey.

Peppers Pride 'Live' on TVG

Peppers Pride 'Live' on TVG

The attempt by the filly Peppers Pride to break the United States record for most consecutive victories in Thoroughbred racing will be broadcast live by TVG as part of its Labor Day weekend racing coverage from Ruidoso Downs in New Mexico.

No 'Signal Wars' Evident at Turfway Park

No 'Signal Wars' Evident at Turfway Park

Turfway Park said Aug. 20 it has received horsemen's consent to distribute its racing signal for the upcoming fall under the auspices of the present exclusive agreement with TVG, thus ending any speculation of a standoff similar to those plaguing other tracks.

Several ADWs Increase Handle in Oregon

Several advance deposit wagering entities posted increased handle through the Oregon hub system in the second quarter of the year, despite an overall national decline blamed primarily on a revenue-sharing dispute between horsemen's groups and various tracks.

TVG Sale Process 'Moving Foward'

TVG Sale Process 'Moving Foward'

TVG, which posted partial-quarter net revenues of $8.8 million for new owner Macrovision Solutions Corp. Aug. 7, is still on the sales block. Officials with the parent company said the horse racing network has received multiple inquiries from undisclosed suitors.

Topics: THG and Future of Racing on TV

Topics: THG and Future of Racing on TV

The Thoroughbred Horsemen's Group, which advocates a new economic model for pari-mutuel wagering and has been engaged in high-profile battles in the racing industry, isn't going away anytime soon, its president said July 18.

Breeders' Cup Challenge Races on TV

Breeders' Cup Challenge Races on TV

The Breeders' Cup announced July 1 the full 2008 TV schedule in for the 2008 Breeders' Cup Challenge Series that begins this weekend at Monmouth Park. Each of the 57 Breeders' Cup Challenge races will be televised, highlighted with telecasts on ABC, ESPN and ESPN2 in addition to telecasts on TVG and HRTV.

ADWs Lose Presque Isle Downs Signal

ADWs Lose Presque Isle Downs Signal

Presque Isle Downs is the latest track to get caught up in the battle over revenue sharing of online and telephone wagering companies as signals to many advance deposit wagering companies were cut off May 11 due to lack of agreements with the Pennsylvania Horsemen's Benevolent and Protective Association.

TVG: Record Handle for First Quarter

TVG: Record Handle for First Quarter

TVG processed $108.8 million in total wagering during the first quarter of 2008, the highest first quarter total in the company's history and a 32% increase over the first quarter of 2007.

THG, TrackNet Have Differing Views

The Thoroughbred Horsemen's Group claims it wants advance deposit wagering entities to pay a fairer share into purse coffers, but those on the other side of the negotiating table claim the math simply doesn't add up.

Hall of Fame Jockey McCarron Joins TVG

Hall of Fame Jockey McCarron Joins TVG

Retired Hall of Fame jockey Chris McCarron will join TVG, America's Horseracing Network, as a member of the TVG broadcasting team, it was announced March 27. McCarron will make his on-air debut April 4, live at Keeneland Race Course.

TVG Content Available Through Hulu

TVG Content Available Through Hulu

TVG announced March 13 it has entered into a partnership to make horseracing programming from TVG Broadband, a new imprint offering digitized video for online media, available through Hulu's online video service, www.Hulu.com.

TVG Renews Contract With FSN

TVG Renews Contract With FSN

TVG announced that it has renewed its agreement with Fox Sports Net West and FSN Prime Ticket to exclusively air live horseracing from across the country.

Wagering Down, Purses Up in 2007

Overall wagering declined slightly in the United States in 2007 while purses increased, according to "Thoroughbred Racing Economic Indicators" data released Jan. 15.

Commentary: Broad Cast

By Dan Liebman - During dinner with colleagues the night of Dec. 29, a member of the party returned to the table and mentioned how the New York Giants were leading the New England Patriots in the fourth quarter. A television in an adjacent room was showing the game on CBS.

Youbet Shut Out From Gulfstream

Youbet Shut Out From Gulfstream

A contentious standoff over Gulfstream Park's racing signal has brought a chilling end to any warm fuzzies felt from the recent broad distribution deals emerging out of California, New Jersey, and New York.

NYRA Has New Content Deals for 2008

NYRA Has New Content Deals for 2008

The New York Racing Association has entered into a content exchange agreement with TrackNet Media Group for 2008, NYRA officials said Dec. 28. In addition, NYRA has new deals with TVG and Youbet.com for the upcoming year.

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