Paddy Power Betfair, FanDuel Complete Merger; TVG Now Part Of FanDuel Group

Paddy Power Betfair and FanDuel confirmed on Wednesday that they have closed their previously announced merger, combining Paddy Power Betfair’s U.S. businesses with FanDuel. The combination creates the largest online sports destination in the United States, with a range of products. “The new company embodies the strengths of TVG, Betfair US and FanDuel and brings […]

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The Friday Show Presented By The Match Series: A Murky Merger, Out Of The Preakness Fog

Ever since the Supreme Court struck down a federal law prohibiting states from instituting sports betting, major players in the gambling industry have been moving at light speed. In today’s edition of The Friday Show, Scott Jagow and Ray Paulick discuss the latest domino to fall, involving a horse racing online wagering site and a […]

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Betfair Offers $50 Risk-Free Win Wager On Haskell

To commemorate the 50th anniversary of New Jersey’s most prestigious thoroughbred race, the Haskell Invitational, Betfair’s New Jersey betting exchange will be giving both new and existing exchange account holders a $50 risk-free win wager on the race and will fully refund the $50 for losing wagers (limit one per account holder), the company […]

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Mobile Platforms, Wagering Talk Dominate Final Day Of Symposium On Racing And Gaming

Two days of presentations of new ideas in racing wrapped up on Wednesday in Tucson, Ariz., as the 43rd annual Global Symposium on Racing & Gaming concluded. The event is sponsored by the Race Track Industry Program at the University of Arizona. Innovation was showcased as speakers representing a variety of perspectives discussed how horse […]

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Zoccali: Guaranteed Pools ‘Not A Proactive Tool’

Darin Zoccali, once the director of racing operations at the Meadowlands, is now the National Key Accounts Manager of Northeast Operations for Betfair/TVG. He voiced his opinion in the Daily Racing Form that the guaranteed pools so widely promoted by modern racetracks have become rather “insignificant” to horseplayers. “I submit the following theory: guaranteed pools […]

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Exchange Wagering Operator Betfair Will Sponsor Haskell Invitational

Betfair, the operator of the world’s most popular exchange wagering platform, has teamed up with Monmouth Park in Oceanport, New Jersey to become the title sponsor of New Jersey’s most prestigious race, the Grade I, $1 Million Haskell Invitational. Under the agreement, the race, which will be contested on Sunday, July 31, will be called […]

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Betfair’s New Jersey Exchange Wagering Site Set To Launch Tuesday

Betfair is expected to launch the first exchange wagering site in the U.S. today in New Jersey. According to the Daily Racing Form, the site will be somewhat limited in the first few days, since the live racing schedule is light. The new Betfair site will allow residents of New Jersey to accept and make bets with […]

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The Friday Show Presented By DRF Bets: Wagering On The ‘Exchange’

If you’ve been around the U.S. racing biz long enough, you’ve probably heard about the prospect of exchange wagering. It’s a fast-paced, lock-in-your-odds, peer-to-peer alternative to the tote betting that has existed for decades in this country. After years of lobbying by Betfair to import it from Europe, exchange wagering is finally here. In this week’s […]

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Betfair To Launch New Jersey Exchange Wagering Site May 10

Exchange wagering, a fixed-odds, peer-to-peer form of pari-mutuel betting popular in other parts of the world, will be offered to residents of New Jersey on horse racing beginning May 10th, Betfair US, the operator of the world’s most popular exchange wagering platform, and Darby Development, the operator of Monmouth Park, announced today. Unlike traditional “tote” […]

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