NYRA, Magna Withhold Simulcast Signal

13 Jan 2004

NEW YORK – As reported by the Thoroughbred Times" In an effort to decrease the amount wagered on its tracks through Betfair and similar betting exchanges, the New York Racing Association plans to withhold its signal from the interactive television and wagering network Attheraces starting in mid-January.

"…Betfair has been criticized for allowing bettors to set their own wagers against other gamblers through the company's Internet platform while charging a relatively inexpensive commission to handle the transaction. Critics say the firm drains money from racetracks and betting organizations that support purses from wagers.

"Magna Entertainment Corp. also dropped its signals from Attheraces in late December, and Ian Hogg, Attheraces chief operating officer, said that handle through Betfair on Santa Anita Park and Gulfstream Park has dropped dramatically…"

Language: English Location: Currency: > edit my preferences Home Online Slots Live Dealer Games Online Casinos Online Poker Online Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue
	NYRA, Magna Withhold Simulcast Signal 13 Jan 2004 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> NEW YORK – As reported by the Thoroughbred Times" In an effort to decrease the amount wagered on its tracks through Betfair and similar betting exchanges, the New York Racing Association plans to withhold its signal from the interactive television and wagering network Attheraces starting in mid-January. "…Betfair has been criticized for allowing bettors to set their own wagers against other gamblers through the company's Internet platform while charging a relatively inexpensive commission to handle the transaction. Critics say the firm drains money from racetracks and betting organizations that support purses from wagers. "Magna Entertainment Corp. also dropped its signals from Attheraces in late December, and Ian Hogg, Attheraces chief operating officer, said that handle through Betfair on Santa Anita Park and Gulfstream Park has dropped dramatically…"