12/18/2007 12:00AM

NYRA in account-wagering talks

EmailThe New York Racing Association is in negotiations with account-wagering companies that will likely allow competing online platforms to offer betting on the association's races, the chairman of NYRA said on Tuesday.

Though NYRA's chairman, Steven Duncker, said that no contracts have been signed, NYRA intends to assign wagering rights for Aqueduct, Belmont, and Saratoga to all the major domestic account-wagering companies in the United States. For the past 10 years, NYRA has assigned its wagering rights to Television Games Network, which sublicensed the rights to several competitors while failing to reach agreements with other account-wagering companies.

In part, the contracts have not been fully negotiated because of ongoing talks regarding an extension of NYRA's franchise, which expires at the end of this year.

Elsewhere, the owner of Monmouth Park and the Meadowlands in New Jersey signed a deal last week that allows competitors to offer wagering on the two tracks' races, though the broadcast rights were assigned to TVG.