Account Wagering

TVG Will Broadcast Churchill Fall Meet Signal On Primary Network

TVG, America’s national horse racing network and an affiliate of FanDuel Group, will carry the 21-day fall meet from the historic home of the Kentucky Derby on its primary broadcast channel, TVG, which is available in over 40 million homes, with live coverage beginning Sunday, October 28th.   TVG also announced it will carry the […]

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California Year-To-Date Handle Down 3.6 Percent Through August

Handle figures in the state of California have declined 3.6 percent for the year-to-date through August compared to 2015, reports gamingtoday.com. California Horse Racing Board executive director Rick Baedeker has equated the decline to a similar decline in field sizes, from 8.78 runners per race in 2015 to 8.31 this year. All the categories of […]

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Michigan Racing Industry Looking To Stay Afloat

Michigan racing has shrunk to just two tracks – Hazel Park Raceway and Northville Downs – and industry leaders there are looking to find new sources of revenue to keep the sport alive. A story in Crain’s Detroit Business details the measures people are taking in Michigan to bring new profits to the industry there. […]

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The Sky’s the Limit: Account Wagering Continues to Increase in KY

Account wagering in the Bluegrass State continues to prove itself popular, as recently released statistics by the Kentucky Horse Racing Commission once again show. The Louisville Courier-Journal reports that between April 1 and June 30, 2014, Kentuckians wagered $60.14 million through services such as TVG and Twinspires.com, which was an increase of 5.3 percent over […]

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Exotic bets: Are racetracks headed down the wrong path?

“I think exotic wagering is the worst thing in the world for racing.” That’s what Oaklawn Park owner Charles Cella told the Daily Racing Form in 1988 after the Arkansas racetrack added two exactas (and then four) to its daily wagering menu. Today, like just about every track in the U.S., fans wagering on Oaklawn […]

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‘Small subset of customers’ affected by security breach at Twinspires.com

The account wagering site, Twinspires.com, reported Tuesday that it was recently the victim of a cyber attack that exposed “some personal information of a small subset of customers.”  The Churchill Downs Inc. company said the affected customers would be notified via mail today. In its letter, Twinspires.com said the intrusion into computer records occurred Aug. […]

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Online wagering company joins ‘Tebow craze’

The more astute horse racing fan uses past performances to make educated selections on the races, but they are also never immune from a good hunch.  Idabet.com, a United States based account deposit wagering service for online and phone betting on the races is giving their players the opportunity to jump on the Tim Tebow […]

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New Kentucky bill would tax online betting, benefit purses

Kentucky lawmaker Larry Clark filed a bill Monday that would levy a half-percent tax on residents who wager online through account wagering services such as Twinspires.com, reports the Louisville Courier Journal: “Clark’s proposal calls for 15 percent of proceeds from the proposed tax on wagers made by Kentucky residents to be deposited in the state’s […]

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REJECTED! NEW LAW HITS ADWS

By Ray Paulick Many horseplayers attempting to use credit cards to fund legal advance-deposit wagering accounts were in for a surprise this week when their requests were turned down after the federal Unlawful Internet Gambling Enforcement Act went into effect June 1. The law, passed in 2006 and delayed for several years as regulations […]

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MIDLANTIC COOPERATIVE TAKES ON TRACKNET STATEMENT

Press Release     MidAtlantic Cooperative, L.L.C., a purchasing cooperative representing 17 racetracks, has engaged in good faith negotiations with TrackNet Media, LLC commencing in August 2009.   At that time, TrackNet presented its proposal which included an unprecedented increase in host fee rates – rates higher than paid by other racetracks and other simulcast outlets […]

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