04/19/2007 11:00PM

AmericaTab splits from TVG


AmericaTab, the operator of several popular online wagering sites, has elected not to renew its sublicensing agreement with Television Games Network, resulting in a blackout of several popular signals on the sites as of May 3, according to a letter the sites have sent to their customers.

The racetracks that will cease to be available include those of the New York Racing Association, Arlington Park, Calder Race Course, Hollywood Park, Keeneland Racecourse and Monmouth Park. In the letter, AmericaTab said that its decision was based on a reluctance to renew the contract because of TVG's practice of signing racetracks to exclusive contracts. Other affected signals include Los Alamitos, the Meadowlands, Emerald Downs, and races from Japan.

Officials for AmericaTab were not available for comment on Friday.

AmericaTab's contract with TVG required the company to pay nearly all of the revenue from bets on TVG's tracks back to TVG.

TVG officials did not immediately return a phone call late on Friday.

Earlier this week, AmericaTab signed a contract with TrackNet Media, a company co-owned by Churchill Downs and Magna Entertainment. The contract will allow AmericaTab's sites to offer wagering on all the tracks owned by those companies, with the exception of the tracks that are still under contract with TVG.

Two of those tracks, Arlington Park and Calder Race Course, will be available on AmericaTab's sites when their contracts with TVG expire this summer and early next year, respectively.