ADW

NYRA Bets Now Available in Michigan

Edited Press Release The New York Racing Association, Inc. (NYRA) announced Saturday that NYRA Bets, LLC (NYRA Bets), is now available in the state of Michigan for residents ages 21 and older. "NYRA Bets is the best way to bet the races, and we are thrilled that horseplayers in Michigan can download the app today to access NYRA Bets," said Matt Feig, General Manager of NYRA Bets. New users who sign up for NYRA Bets today are eligible to earn up to $200 in a deposit match with a $25...

[ Read More ]
TVG Upgrades Apps

TVG has unveiled significant improvements to its wagering app (available for both Apple and Android) and has added on-demand GI Kentucky Derby-related content to its OTT WatchTVG app (for Roku, Amazon Fire TV and Apple TV). "Our team is always looking at ways to improve the wagering experience for TVG customers and to reinvest in technology upgrades to improve the customer experience and make it easier for new fans," said Kip Levin, CEO of TVG. "These enhanced wagering and handicapping features on our mobile app are the latest example of...

[ Read More ]
Alleging 'Shakedown' over ADW Fees, Churchill Takes TOC to Federal Court

In a spat over advance-deposit wagering (ADW) hub rate fees and which entity should benefit from the pandemic-related boom in at-home betting, a subsidiary of the gaming corporation Churchill Downs, Inc., filed a federal lawsuit against Thoroughbred Owners of California (TOC) Feb. 2 asking a judge to rule that TOC can't use a state law to force CDI into either accepting lower rates, abandoning its just-signed agreement with Santa Anita Park, or entering into arbitration to settle the dispute. In a chain of events that plaintiff Churchill Downs Technology Initiatives...

[ Read More ]
Did Racing Pick Up New Customers in 2020?

The sport's major ADWs enjoyed explosive growth in 2020 and, in some respects, none of this comes as a complete surprise. In a year where everything, not just in racing but in society as a whole, was turned upside down by the pandemic, ADWs were oftentimes the only way a horseplayer had to get a bet down. Handle, no doubt, flowed during the year from bricks and mortar facilities to the ADWs. But was some of the growth a product of racing attracting new customers while it was up and...

[ Read More ]
California ADW Agreement Set to Boost Purses by $15 Million

With many wheels of California's daily industry operations greased through wagering made at bricks and mortar venues, a pandemic-driven wholesale betting shift towards ADW platforms has thrown a sizeable wrench into the works, prompting something of a fiscal scramble to readjust. Just last week, the Southern California Stabling & Vanning Racing Committee announced a set of stop-gap funding measures to grapple with a $2-million deficit and maintain the stabling status-quo in the southern portion of the state during 2021. On Wednesday, the Thoroughbred Owners of California ("TOC") announced a new...

[ Read More ]
Q&A With Josh Rubinstein

Del Mar's short fall meet ended this past weekend with a flourish and a blitz of top-class racing that lured quality runners from across the country, as epitomized by Chad Brown's Grade I double courtesy of Domestic Spending (GB) (Kingman {GB}) in the Hollywood Derby and Viadera (GB) (Bated Breath {GB}) in the Matriarch S. The meet rounded out what has been a challenging year for the track, to say the least, thanks to the extraordinary headwinds from a global pandemic, and the already tough economic environment for California horsemen....

[ Read More ]
Exit Box x
X

Never miss another story from the TDN

Click Here to sign up for a free subscription.