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GVC Holdings drop on-course betting operations

GVC Holdings is selling off its on-course bookmaking operations at horse racing tracks across the United Kingdom. It's a move that portends a grim future for UK track operators and is just another guy kick from the ongoing trauma that we know as 2020. According to a recent report in the UK Guardian, GVC Holdings…

UK horse racing takes step back to ‘behind closed doors’

UK Prime Minister Boris Johnson hit the UK horse racing industry with a bit of the old good news/bad news this week. On the good news side, the PM will allow the races to go on (sort of) as planned. But that news was combined with the gut-wrenching news that all proposals to have fans…

British horse racing’s experiment with spectators is kaput

The British horse racing industry took another big hit this week when health officials reinstated restrictions on how many in-person attendees can be at tracks for live racing. As it stands today, spectators are allowed at the tracks, but only six at a time. That number is now so small that the tracks might as…

Maine approves online horse race wagering

Gambling regulators in Maine have approved a measure that would allow online wagering on horse races. It's a big move for a state that's been slow to expand gambling options and shows exactly how much the worldwide COVID-19 lockdown is impacting and expanding gambling markets. Wagering on harness racing has long been legal in Maine,…

UK horse racing business hopes to be back in operation by May 1

The British Horse Racing Authority (BHA) is considering a plan for re-opening its COVID-19-shuttered industry on a limited basis by May 1. It's a big decision that still has plenty of administrative hurdles yet to jump. But if it comes to fruition, it could have Britons watching and wagering on horse racing for the first…

50-cent bet yields Florida player largest sports bet win in US history

Every year players at horse racing tracks put down all kinds of long shot wagers with the hope that a very small amount of risk will yield an incredibly large payoff. This weekend, a player wagering from home on a race that was conducted at an empty horse track in Florida turned $.50 into more…

Kentucky Derby Wagering Sets New Record

On any given year the Kentucky Derby draws gamblers out of the woodwork as casual punters try their luck at wagering while partying at Derby celebrations across the country. This year, however, those once-a-year bettors took their wagering to new heights as Churchill Downs reported record wagering on the 144-year-old event. According to published reports,…

JP Morgan Chase Says 'OK' to Credit Card Pari-Mutuel Wagering

The world's beleaguered horse racing tracks got a major boost this week when financial giant JP Morgan Chase announced that it will allow the use of its credit cards for online pari-mutuel wagering. The move, which was praised by the National Thoroughbred Racing Association (NTRA), is expected to open a whole new world of wagering…

Betfred Breaks Up with British Horse Racing

Betfred is cutting almost all its ties to the UK horse racing industry in a stunning move that's sending shock waves across UK horse racing tracks. News of the bookmakers' big move broke on Wednesday in the Racing Post and could have a major impact on the nearly 600 races the company currently sponsors. Betfred…

William Hill Set to Open Shops at 6 ARC Tracks

William Hill, one of the UK's largest bookmakers, is entering a deal with the Arena Racing Company (ARC) which will have them opening six new betting shops at ARC tracks across the UK. It's a deal that allows William Hill to expand its UK footprint, while also thumbing its nose at one of its biggest…