Florida’s racing regulatory agency has proposed a modification to its rules that would require tracks to run at least three days a week in order to qualify as host tracks and be able to sell simulcast signals in the state.
Betfair, the British exchange-wagering company that owns Television Games Network in the U.S., had net income of $44.1 million in the first six months of its fiscal year, a sharp turnaround from the first six months of the prior fiscal year, when the company lost $106.3 million after taking a $132.2 million impairment charge.
A Congressional subcommittee hearing called to discuss a bill that would grant a federally designated agency the power to enforce racing’s drug rules did not produce a clear indication of whether the bill would find support in a legislature that is split philosophically on the role the government should play in regulation.
The hot-button issue of health benefits for jockeys in New York - and how to pay for them - will be the focal point of the state Task Force on Jockey Health and Safety, which held its initial meeting Wednesday.
A U.S. House subcommittee scheduled to conduct a hearing Thursday to discuss legislation that would require racetracks to fund an “independent anti-doping agency” to write and enforce the sport’s drug policies has called six witnesses, including Travis Tygart, the chief executive of the U.S. Anti-Doping Agency.
The New York Racing Association has chosen Global Betting Exchange, an Irish company, to run its Internet account-wagering operation, four months after the initial selection of the company for the same contract was scuttled by state regulators.
A U.S. House committee has scheduled a hearing for Nov. 21 to discuss a bill that would give a single agency the power to enforce the sport’s drug-testing rules in all U.S. racing jurisdictions.
P.J. Campo, formerly vice president and director of racing for the New York Racing Association, has been named vice president of racing for the Stronach Group, the company announced on Wednesday.
Wagering on U.S. races during the month of October was up 8.3 percent, despite a 5.8 percent decline in race days, according to figures released Tuesday by Equibase.
The New York Gaming Commission, which regulates racing in the state, on Monday initiated a process to adopt of a set of threshold levels for 24 therapeutic medications that would align the state’s racing rules with a number of other nearby jurisdictions, but it’s unlikely formal approval would occur before Jan. 1, the goal of supporters of the movement.
