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11/5/09 - "It's an ill wind that blows nobody any good," goes the old saw, and that can certainly be applied to the use of US horseracing's exemption from that country's anti-online gambling laws.
 
Thanks to the carve-outs for US horseracing created by US legislators, gambling online on the horses is rapidly becoming big business.

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Players Network is a company that has seen the opportunities inherent in this strange situation and is exploiting it to the full. The digital television and Internet meda network, normally didicated to Las Vegas entertainment and the gambling lifestyle, has branched out into online gambling with the launch this week of its Players Network Racing, a legal, online live horse wagering site.
 
Players Network spokesmen said the company believes the site will produce large incremental revenues through real time betting. Players Network Racing is offering the latest in horse racing wagering systems developed by Pro Pick Racing, a Nevada corporation that provides a user-friendly horse race wagering platform, with live streaming video from 40 racetracks through North America and advice from professional handicappers that users can use to place informed bets.
 
"The Players Network media distribution and format are a perfect fit for our software which has been developed to expand racing into a new consumer market. Betting on horse racing is a complex and challenging pastime. Our system makes it easy for casual and novice players to enjoy wagering with a greater confidence in winning," explained Tony Fontaine, President of Pro Pick Racing.
 
Recently, Players Network has been making strong moves into the horse racing sector, with branded entertainment videos for the Breeders Cup and the development of a branded simulation game with Horse Racing Simulation, LLC.
 
"Players Network believes that horse racing can become the new poker, as it the only remaining online betting option for U.S. residents since changes in legislation limited online poker, and one that only a handful of companies can legally offer," a spokesman said.
 
Players Network's gaming services are provided by U.S. Off-Track, LLC, a Delaware company with a multi-jurisdictional simulcasting and interactive wagering totalizator hub licence with the State of Oregon.

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The network has considerable cross-marketing and promotional potential resident in its other interests. It produces and distributes original content for its own VOD Channels on television in over 22 000 000 homes over Comcast, DirecTV, AT&T, Verizon and Dish Network and its own Broadband Network, Hulu, Blinkx, Google, YouTube and Yahoo Video, for DVD Home Video, mobile platforms, and through television syndication.

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Gambling News :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

Magic Spells SLot Launches - The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.

Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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