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BetMakers to Market Penn Races Internationally for Fixed-Odds Wagering

by admin July 5, 2022
July 5, 2022 0 comment

BetMakers has acquired the rights to supply Penn Nationwide Gaming’s racing content material to worldwide markets for fastened odds and trade wagering.


A horse race takes place at Penn Nationwide Race Course in Grantville, Penn., close to Harrisburg. Penn Nationwide Gaming and BetMakers introduced a partnership late final week, with BetMakers providing Penn’s racing meets to worldwide markets for fixed-odds wagering. (Picture: Penn Nationwide Race Course/Fb)

In a Thursday launch, the Australian-based gaming know-how firm stated the races shall be a part of its World Racing Community (GRN). That community is not going to provide Penn’s races within the US or Canadian markets.

The 2 firms have entered right into a revenue-sharing settlement, with Penn assured to obtain an undisclosed minimal quantity on an annual foundation.

Almost 950 races a 12 months shall be added to GRN, which now distributes greater than 1,400 races from North American tracks for fixed-odds wagering overseas.

“We’re delighted to supply Penn’s first-rate content material to a world viewers and enhance the attention of the precious content material US racetracks have to supply,” stated Kerry Gatten, partnerships supervisor for BetMakers’ GRN, in a press release.

The association began on Friday and is about to run out on Dec. 31, 2025.

In different racing information…

Lone Star Deal with Drops Because of HISA Concern

Lone Star Park noticed its deal with shrink considerably on Saturday. That’s after the Texas observe was reduce off from indicators for the remainder of the US racing business due to the Horseracing Integrity and Security Act (HISA).

HISA, a federal regulation that nationalizes drug and security requirements in thoroughbred racing, went into impact this weekend. Nonetheless, the brand new authority couldn’t attain an settlement with the Texas Racing Fee (TRC). That’s as a result of the fee stated state legal guidelines relating to racing couldn’t adjust to HISA.

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The Texas Racing Fee regulates all elements of Texas horse racing, specifically pari-mutuel and simulcast wagering. Thus, the appliance of federal regulation pursuant to HISA in any side of horse racing regulation for a selected race or meet will essentially preclude the Texas Racing Fee from full compliance with the Texas Racing Act. “It would, due to this fact, necessitate that no such affected race shall be allowed to conduct on-site pari-mutuel wagering or present simulcast export sign,” TRC Government Director Amy Prepare dinner wrote in a June 13 letter to Texas licensees.

Whereas racing continued on the observe between Dallas and Fort Value, its sign was cut-off from wagering in different US markets as of Saturday.

Consequently, the deal with for Saturday’s races was $234,960. That’s in comparison with the almost $1.5 million deal with Lone Star’s races generated every week earlier than, on June 25.

Louisiana Recordsdata Go well with to Cease HISA

Texas wasn’t the one state to lift considerations with HISA. State authorities and racing officers in Louisiana joined forces with West Virginia leaders to file a federal lawsuit to cease the implementation of HISA final week.

Louisiana Legal professional Common Jeff Landry stated in a press release that the federal regulation was “half-baked and dangerous” to the horse racing business and presumably unconstitutional.

Whereas no business is with out issues, Louisiana and West Virginia, amongst different states, have all the time strictly and successfully regulated it. I firmly consider the individuals of Louisiana needs to be in command of this exercise, not political and company elites in some faraway place, all due to an issue that surfaced in California,” stated Landry in regards to the regulation, referring to deaths that occurred at Santa Anita Park in 2019 because the impetus for HISA.

A federal choose on Friday denied the plaintiffs’ movement for a restraining order to dam the regulation from taking impact.

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      Las Vegas Stolen Car Crashes Into Taxis Near the Strip During Pursuit

      February 3, 2023

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      Macau Casinos Booming, Recovering Ahead of Schedule

      February 3, 2023

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