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CHRB Grants Waivers to MI Developments

CHRB Grants Waivers to MI Developments

MI Developments received two waivers from the California Horse Racing Board Nov. 9 allowing it to move forward with the operation of Santa Anita Park and Golden Gate Fields and complete its new dirt track at Santa Anita.

Keeneland Wagering Expanded

Keeneland Wagering Expanded

Keeneland officials announced March 31 that, for the first time, wagering on the track's upcoming spring race meeting will be available on all major North American betting platforms.

MID May Dispose of MEC Tracks by 2011

MID May Dispose of MEC Tracks by 2011

The parent company of Magna Entertainment Corp. disclosed March 10 it does not intend to keep on a long-term basis the racing assets upon which it is bidding in MEC's Chapter 11 bankruptcy reorganization, including its "immediate" intention of redeveloping Golden Gate Fields into a commercial property if the bid is successful.

MEC: Other Assets to be Sold Separately

MEC: Other Assets to be Sold Separately

Several assets owned by Magna Entertainment Corp. will apparently be offered separately for sale from a $195-million "stalking horse bid" its parent company has tendered in relation to MEC's Chapter 11 bankruptcy filing March 5.

ADW Agreement Reached in California

ADW Agreement Reached in California

An impasse in California over fee rates for interstate advance deposit wagering that has had a negative impact on Hollywood Park's fall meet ended Nov. 21 with the announcement that one-year deals with the four licensed providers in the state have been reached.

FG Signal Going to Youbet, But Not TVG

FG Signal Going to Youbet, But Not TVG

The signal for the Fair Grounds race meet starting Nov. 14 will be available to a wider variety of advance deposit wagering outlets, a group that does not include TVG, Churchill Downs Inc. announced Nov. 12.

Churchill ADW Agreement Off the Table?

An agreement has reportedly fallen apart for signal distribution of the upcoming Churchill Downs fall meet to advance deposit wagering entities, according to horsemen representatives involved in the negotiations.

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.

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.

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.

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.

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