twinspires

Former United Tote Employee Charged With Extortion; Allegedly Stole Social Security Numbers

A Kentucky man who formerly worked for Churchill Downs Inc.’s bet processing company, United Tote, has been indicted by a federal grand jury on extortion charges. Ethan C. Fey has been charged in United States District Court for the Western District of Kentucky in Louisville with one count of Hobbs Act extortion and one count […]

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Mandatory Payouts: Churchill Downs Features $78,527 Single 6 Carryover On Closing Day

Racing at Churchill Downs resumes Sunday for closing day of the 11-day September Meet. The first of 10 races is 12:45 p.m. Eastern and there’s a $78,527 carryover in the Single 6 Jackpot, which has a mandatory payout because of the meet’s conclusion. The six-race sequence will cover Races 5-10 starting at 2:45 p.m. The […]

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TwinSpires To Implement Revisions To IRS Reporting, Withholding Regulations Thursday

In the wake of the IRS’ announcement regarding pari-mutuel wagering on Monday, bet-taking companies across the nation have been rushing to find ways to implement the new tax regulations. Of the “Big Three” advance-deposit wagering companies, TwinSpires was the first to say it will offer horseplayers the chance to take advantage of the new rules […]

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Churchill Announces $60 Million Investment In Louisville Historical Racing Facility

The Kentucky Horse Racing Commission voted at its meeting Tuesday to grant Churchill Downs Inc. permission to offer wagering on historical horse racing. The approval is conditional upon CDI submitting additional details about its plans for a new facility at the Trackside Training Center to the commission and its staff for review. There was one dissenting vote. […]

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New Condition, Bad Chalk? Shapiro Discusses Identification Of Vulnerable Favorites

Short-priced horses generally aren’t going to win their backers enough money to write home about, so TwinSpires.com‘s Scott Shapiro has come out with a series discussing different ways to identify a vulnerable favorite, or a short-priced horse which is likely to lose. “One of the most common instances of this occurs when horses that have performed […]

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Hanson: Three Grade 1 Longshot Picks On Belmont Stakes Day

Vance Hanson at TwinSpires.com has provided a trio of longshot picks on Saturday’s Belmont Stakes card, each of which may offer bettors significant value on a day poised to generate significant handle across the board. Already NYRA has announced a 32 percent increase in total handle over the first two days of the Belmont Stakes […]

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TwinSpires Offers Customers Chance To Use ‘Swarm Intelligence’

According to a report in Forbes, Churchill Downs will again utilize artificial intelligence company Unanimous A.I. to provide expert picks for this weekend’s Kentucky Derby. Unanimous A.I. uses swarm intelligence, which synthesizes information into an algorithm from a group of experts, which is designed to amplify the accuracy and decision making of the group. Last year, […]

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TOC Says TwinSpires Now In Compliance With Geolocation Tracking, Restores Signal

Thoroughbred Owners of California chief executive officer Greg Avioli said the in-state signal has been restored to the Churchill Downs Inc.-owned advance deposit wager company TwinSpires in time for Saturday’s Santa Anita Derby program from Santa Anita Park. On Thursday, TOC officials withdrew consent for TwinSpires to accept wagers from California residents on California races […]

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The Friday Show: Failure To Coordinate, Off-Track Woes?

The issue of not coordinating off times for major races struck again last weekend, much to the displeasure of fans and horseplayers. Plus, Twinspires bettors in California may be shut out of playing the state’s racetracks due to the lack of an agreement concerning on-track versus off-track wagers. In this edition of The Friday Show, […]

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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 […]

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