Via Scoop.it – New Mexico Horse Racing News In these economic times of job loss, less discretionary spendable income, why would tracks revert back to charging for parking and admittance? Why would you take incentives away from the bettors who do not drop thousands of dollars a year? Why would you make it harder for people to participate in a sport that is in desperate need [read story]
Via Scoop.it – New Mexico Horse Racing News If the state of Florida is going to allow pari-mutuel barrel racing perhaps the horse racing industry needs to jump on the train. Build an arena track side and in between races allow patrons to watch and gamble on the barrel racing. Before you roll your eyes think about it. Barrel racing is fast, there is an [read story]
Via Scoop.it – New Mexico Horse Racing News Unfortunately the trend of decreasing handle and increasing purses continues. I cannot stress enough to horsemen that this is a problem that bears watching and if it continues, it will need to be addressed. I worry that horsemen are becoming too complacent, thinking that slot machines and casino style gambling will always be there to fund horse [read story]
Unintended consequences of a loophole in Florida state law seemingly has pari-mutuel barrel racing on the fast track to become a legal betting format in Florida. What I do not understand is how the Florida Division of Pari-Mutuel Wagering can allow Gretna Racing LLC to go forward when wagering formats have not been approved. Gretna Racing plans to hold it’s first pari-mutuel barrel race on [read story]
As Gretna Racing heads toward its Dec. 1 opening of Florida’s first pari-mutuel barrel racing meet, issues including the wagering format and a Quarter Horse industry group’s administrative challenge to Gretna Racing’s state-approved license remain unresolved. On Nov. 15 the Florida Division of Pari-Mutuel Wagering told The Blood-Horse it was “clarifying information pertaining to the types of wagers conducted” at the facility in Gretna, which is about [read story]
A loop hole in Florida law has allowed a parimutuel license to be granted to Gretna Racing to conduct parimutuel barrel racing at the facility in Gretna, which is about 25 miles west of Tallahassee. For more information about this please read the article Florida Still Waiting on Barrel Racing Rules. This article is a tongue in cheek write up about how the racing industry has embraced [read story]
***The high percentage take out at some tracks has many bettors looking for alternate tracks to play. An article demonstrating bettors are paying attention and actively seeking and gambling at tracks with lower percentage take outs.*** The above headline came from a horseplayer named Tom. He posted it in a thread at Paceadvantage.com where players were discussing the Texas ADW situation.Tom makes a valid point. The people making [read story]
Although one of the proposals is to expand racino’s gambling to also include table games and other gaming, it also proposes to open bidding for race track licensing. Although this is in New York state, it bears watching as open bidding could set a new precedent for racetracks across the country. The operator of the new Aqueduct casino has given a large, timely contribution to the Democrats [read story]
Next year, when the Breeders’ Cup returns to California, you might be able to bet on a losing horse – and win. As the thoroughbred industry searches for ways to reinvigorate fan interest, California leads the nation with racing innovations. That includes new and alternative ways to bet, via online technology. California likely will be the first state to offer exchange wagering, to be introduced [read story]
The Texas Racing Commission has begun informing out-of-state wagering companies that it’s now illegal to accept online horse or greyhound bets from Texas. In effect since Sept. 1, HB 2271 also outlaws phone wagers from this state. On Oct. 14, TRC executive director Chuck Trout wrote nine out-of-state wagering companies about the legislation. Texas Attorney General staff consulted with the TRC on the letter’s contents. The letter presented HB 2271′s requirements but [read story]