ADW

‘Show’ Us The Money? The Plight Of A Simple Wager

The modern menu of betting options in North American horse racing has reached dizzying levels. Daily Double, Pick 3, 4, 5, 6, exacta, trifecta, superfecta, Super High Five, Pick 6 jackpots, Grand Slams, Place Pick All. You get the idea. But it’s one of the oldest and most basic wagers that has horseplayers in fits, […]

Continue reading
Record-Setting Handle Of $209.2 Million Reported On Kentucky Derby Day

Derby fans weathered rainstorms and the unseasonal cold during the day, to watch post-time favorite Always Dreaming win the 143rd Kentucky Derby Presented by Yum! Brands over a sloppy track. Attendance of 158,070, was the seventh highest attendance figure in track history. Wagering from all-sources was the highest all-time on both the Kentucky Derby Day […]

Continue reading
UPDATED: Thoroughbred Owners Of California, TwinSpires In Dispute Over On-Track ADW Wagers

During Thursday’s meeting of the California Horse Racing Board, Thoroughbred Owners of California chief executive officer Greg Avioli said his organization has withdrawn consent for the Churchill Downs Inc.-owned ADW company TwinSpires to accept wagers from California residents. The decision, Avioli said, stems from TwinSpires not meeting a deadline – agreed to by TwinSpires and three other […]

Continue reading
‘ADW Growth And What It Means For Our Future’ The Topic On Day 2 Of National HBPA Convention

Racing has undergone a transformative change since grandstand and backside telephones were locked during the races for fear people would bet through bookmakers. Wagering on mobile devices today is Thoroughbred racing’s clear growth leader. But the challenge is how to gain enough purse revenue from betting through the Advance Deposit Waging platforms that have siphoned […]

Continue reading
CHRB: ADW Licenses Extended Six Months, Report Indicates Handle Increase

The California Horse Racing Board conducted its regular meeting Thursday, January 26, at Santa Anita Park. Chairman Chuck Winner presided. Commissioners Madeline Auerbach, Jesse Choper, George Krikorian, Araceli Ruano, and Alex Solis also were in attendance. A report was released by the CHRB which indicated that handle across California racetracks had increased 2 percent in […]

Continue reading
Churchill Downs Tracks, TwinSpires Holding Out On Simulcasting Pegasus World Cup

An impasse over the cost of the simulcast signal for the Pegasus World Cup at Gulfstream Park in Hallandale Beach, Fla., on Jan. 28 could leave customers of Churchill Downs Inc. racetracks and its advance deposit wagering company, TwinSpires, shut out of the betting on the inaugural running of the $12-million race. “Unfortunately, we have […]

Continue reading
Illinois Horsemen’s Organizations Urge Governor, Racing Board To End ‘Recapture’ Of Revenue By Racetracks

The following statement is from the Illinois Thoroughbred Horsemen’s Association, Illinois Harness Horsemen’s Association and Illinois Horsemen’s Benevolent & Protective Association. In the words of the horsemen’s organizations, the statement is a “plea to Gov. Bruce Rauner: Join Us in Asking the Illinois Racing Board to Stop Racetracks from Raiding Purse Dollars and Destroying Illinois Jobs.” Illinois regulators […]

Continue reading
Haslett: Australia, New Zealand Offer Attractive Christmas Day Betting Options

Next Monday, Dec. 26th, will be a busy day for American racing fans. On the US public holiday, Mind Your Biscuits and Sharp Azteca will run in the G1 Malibu Stakes at Santa Anita, and Florida’s Gulfstream Park will host the G3 Mr. Prospector Stakes. Although the previous day, Christmas Day, is a down-time in […]

Continue reading
CHRB: Statewide Handle Up 1.1 Percent In 2017, Stronach Limiting ADW Agreements

The California Horse Racing Board conducted its regular meeting Thursday, December 15, at Los Alamitos Race Course. Chairman Chuck Winner presided. Commissioners Madeline Auerbach, George Krikorian and Alex Solis also were in attendance. The audio of this entire Board meeting is available on the CHRB Website (www.chrb.ca.gov) under the Webcast link. In brief: The Board […]

Continue reading
ADW Account Usage On-Track Skews Numbers, Division Of Revenue

Something jumped off the spreadsheet when I looked at wagering figures from this year’s Breeders’ Cup championship races from Santa Anita Park. On-track per capita wagering for the two full cards on Nov. 4-5 was just $178, the lowest it’s been since the event was expanded to two days in 2007. Per capita wagering is […]

Continue reading
Twitter Twitter
Paulick Report on Instagram