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betfair in deal with New York Racing
11/4/09 - Betfair's U.S. based subsidiary TVG has scored a second major US horserace betting coup, signing a deal with the New York Racing Association (NYRA) to allow common-pool pari-mutuel wagering on its races to Betfair customers outside the United States.
Betfair signed a major common pools agreement with the US Breeder's Cup just last week.
The British betting exchange will now have access to NYRA’s Aqueduct racetrack, Belmont Park and Saratoga Race Course pools, with betting open to punters at the 39-day Aqueduct Fall race meeting, which offers live racing five days a week from now until the end of 2009.
Betfair's head of horse racing development Steven Johnson said: "Following the acquisition of TVG, Betfair has been looking to enhance its US racing product offering. We have entered into agreements with a number of US racetracks, and introduced US Tote betting onto our site last month.”
Other major deals clinched by Betfair recently include its $5.5 million investment in the US-based firm Watercooler in a bid to access the booming social networking sector .
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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