07/16/2009 12:00AM

TVG extends Cup sponsorship

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Television Games Network, the account-wagering company and horse race broadcasting channel, will sponsor the $2 million Breeders' Cup Mile for the next three years under an agreement reached with the Breeders' Cup, the two companies announced Thursday.

In addition to the sponsorship, TVG will produce the Breeders' Cup's live simulcast show as part of the agreement. The simulcast show is distributed to offtrack betting outlets and racetracks.

TVG sponsored the Breeders' Cup Sprint from 2005 to 2007, and last year, the company sponsored the Breeders' Cup Dirt Mile.