New Mexico: Advanced Deposit Wagering Bill Would ‘Modernize And Digitize’...
In a letter to New Mexico horsemen sent out on Thursday, Feb. 4, the New Mexico Horsemen's Association executive director Richard Erhard announced that state representative Candy Ezzell will introduce...
View ArticleMajor Boost Puts Del Mar Summer Purses Over $700,000 Daily; Ship And Win...
The Del Mar Thoroughbred Club in Del Mar, Calif., will implement a major purse increase for its upcoming summer race meeting opening on Saturday, July 17, including substantial increases in all...
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Which ADWs Have Gained The Most During COVID-19 Pandemic?
Without legal advance deposit wagering in the United States, horse racing would have suffered unimaginable consequences during the COVID-19 pandemic that was unleashed one year ago. As it was, many...
View ArticleFOX Sports Extends NYRA Media Rights Through 2030, Acquires Stake In NYRA Bets
FOX Sports, a unit of Fox Corporation (Nasdaq: FOXA, FOX), and the New York Racing Association, Inc. (NYRA) announced Thursday an expanded partnership agreement that establishes FOX Sports as the...
View ArticleBetween The Hedges: Diving In To Minus Pools
A minus pool in horse racing is the direct result of an established minimum payout threshold and a corresponding significant amount of money wagered in a pool on a heavy favorite. Assuming the favorite...
View ArticleWagering Insecurity: Are We Meeting The Basic Expectation Of Integrity In...
This is Part 1 of the Thoroughbred Idea Foundation's (TIF) series “Wagering Insecurity.” Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a...
View ArticlePointsBet Moves Into U.S. Horse Racing Market With Purchase Of Premier Turf...
PointsBet USA Inc., a wholly owned subsidiary of PointsBet Holdings Ltd., has announced the premier global online gaming and racing operator has agreed in principle to acquire Premier Turf Club, LLC,...
View ArticleBank Of America Approves ADW Transactions
The National Thoroughbred Racing Association (NTRA) today confirmed that Bank of America, the second-largest bank in the United States and one of the largest card-issuing banks in the country, has for...
View ArticleIllinois HBPA Withholds Consent For TwinSpires To Operate In Illinois
The organization representing owners and trainers at FanDuel Sportsbook and Horse Racing (formerly known as Fairmount Park) is withholding consent for the TwinSpires betting platform to accept wagers...
View ArticleReport: CDI Exploring Sale Of TwinSpires
Churchill Downs Inc. is exploring the sale of its advanced deposit wagering platform Twinspires, according to a report in Bloomberg. Worth approximately $1.5 billion, Twinspires is the official...
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