Bill Introduced To Legalize Fixed Odds Betting For Racing In New York

Fixed odds betting options on horse racing could come to New York residents if a new bill introduced by Senator Joseph Addabbo, Chairman of the state Senate's Racing, gaming and Wagering Committee, is passed.

Senate Bill 2343 is similar to a measure introduced a year ago, also by Sen. Addabbo, but which was never advanced for a vote.

“There should be no doubt amongst racing stakeholders that our existing pari-mutuel offerings are not enough in today's competitive market,” said Thoroughbred Idea Foundation executive director Patrick Cummings.

“Fixed odds bets for racing won't replace pari-mutuel wagering, but rather complement our existing offerings, and meet modern customers with a modern product that they currently enjoy with widespread sports betting options.

“After adjusting for inflation, we estimate that mainstream handle on U.S. racing has declined by roughly two-thirds over the last 20 years. The pari-mutuel status quo with high takeout rates and the constant promotion of low-churn exotic bets have depleted our mass market customers. Fixed odds betting offers racing a chance to recapture those that drifted from the sport while introducing our product to new audiences.”

In a statement from the New York Racing Association, published by the Daily Racing Form and other outlets earlier this week, spokesman Patrick McKenna indicated the measure had NYRA's support and “presents an enormous opportunity for horse racing to share in the rapid growth and unrivaled success of New York State's mobile sports wagering marketplace.”

“Allowing mobile sports wagering platforms to offer premium horse racing content would generate untapped gaming revenue for New York State, attract new fans to horse racing, and deepen the sport's overall economic impact.”

TIF supported the expansion into complementary fixed odds options in its 2019 white paper, which can be reviewed HERE.

Last year was the first full season with fixed odds offerings for on-track customers at Monmouth Park in New Jersey, where the offering is managed by Australian firm BetMakers. Wider distribution to New Jersey customers, including ADW betting via fixed odds on Monmouth races and simulcasted races, is expected in 2023.

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Bedding-In Period For New Whip Rules For Jumps Racing Extended By A Week

The bedding-in period for the new whip rules in Jumps racing has been extended by one week, the British Horseracing Authority (BHA) confirmed on Friday. This follows a meeting between the Professional Jockeys Association (PJA) and a selection of jockeys.

The extension, requested by jockeys and the PJA, was granted on account of the number of cancelled fixtures last week due to the frozen ground. The full implementation of the new rules for Jumps racing will begin on Feb. 13. The start of the bedding-in period for Flat racing remains Feb. 27, as does the Mar. 27 full implementation date for Flat racing.

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FTC Publishes Resubmitted HISA Anti-Doping and Medication Control Rules

Edited Press Release

The Federal Trade Commission (FTC) has published the resubmitted Horseracing Integrity and Safety Authority (HISA) Anti-Doping and Medication Control (ADMC) rules to the Federal Register, initiating a 14-day public comment period, according to a press release from HISA Friday morning. The FTC now has 60 days to approve or deny the proposed rules.

HISA's draft ADMC rules were initially rejected by the FTC in late 2022 due to ongoing legal uncertainties. HISA resubmitted the rules for consideration by the FTC to give the agency more authority over HISA in order to address constitutional questions raised by the Fifth Circuit Court of Appeals. That bill passed both houses of Congress in December and was signed into law by President Biden.

Now that the rules have been resubmitted and posted to the Federal Register, HISA said that they anticipated that its ADMC Program would go into effect March 27, 2023, pending FTC approval. The resubmitted rules include a small number of minor revisions from the version submitted in August, 2022. A clean version of the proposed rules is available on the Federal Register now and a red-lined version will be available on HISA's website within the next 48 hours, the Authority said. In its December, 2022 order, the FTC stated it would consider all previously posted comments on the Federal Register as well as any updated or new comments.

Upon implementation, the ADMC Program will be administered and enforced by the Horseracing Integrity & Welfare Unit (HIWU). The development of the ADMC rules included an initial public comment period, numerous open discussions and meetings with industry organizations and individuals, as well as the careful consideration of more than 200 comments submitted by racing participants and the general public.

Included in the rules package are the Equine Anti-Doping and Controlled Medication Protocol, the Prohibited List, Definitions, Arbitration Procedures, Equine Testing and Investigation Standards, and Equine Standards for Laboratories and Accreditation.

“The establishment of uniform, nationwide anti-doping rules in Thoroughbred racing will strongly enhance the safety and integrity of our sport and is a step many in our industry have long advocated for,” said HISA CEO Lisa Lazarus. “The health and safety of horses is our paramount concern, and the consistent enforcement and efficient resolution of rule violations will transform how we protect our equine athletes. We deeply value the input we've received from racing participants throughout the development of these rules, and I encourage all participants to continue to share their thoughts with us moving forward.”

HISA's ADMC Program will advance and modernize anti-doping practices across the sport with components including out-of-competition testing, uniform lab accreditation, a uniform results management process, a robust intelligence and investigations arm and consistent penalties.

As HIWU prepares for the ADMC Program's launch, the organization will continue to publish and share educational material with industry stakeholders, available at hiwu.org, and will host meetings with groups of racing participants to further educate on the new rules and answer questions.

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Exceed And Excel’s Mawj Rebounds In The Desert With Conditions Success

4th-Meydan, Cond, $100,000, 3yo, f, 7fT, 1:26.21, sf.
MAWJ (IRE) (f, 3, Exceed And Excel {Aus}–Modern Ideals {GB}, by New Approach {Ire}), named a 'TDN Rising Star' after winning her May 14 Newmarket novice by 4 3/4 lengths, went on to take the G2 Duchess Of Cambridge S. two starts later and ended her juvenile season with a third in the G1 Cheveley Park S. in her fifth start. Perched out wide in an ideal stalking position, she tackled longtime leader Alseyoob (Ire) (Lope De Vega {Ire}) at the quarter pole and appeared home free. However, fellow Godolphin colourbearer Dream Of Love (Ire) (Shamardal) was rocketing home up the outside and cut the margin down to a short head at the line. “To be honest I got racing too far out and I wasn't really going too well at the 600 metres,” said winning jockey Pat Cosgrave. “She's an Exceed And Excel and she doesn't really want this ground. It was tight at the line but class got her through.” Although Epitome never placed, she has made a large impact on the breed, as she is already the dam of three stakes winners including the winner. Modern News (GB) (Shamardal) won at listed level in England and was also placed in a pair of Group 3s there, while her fourth foal was recently crowned Eclipse Champion Turf Male Modern Games (Ire) (Dubawi {Ire}), who won the GI Breeders' Cup Mile and GI Woodbine Mile S. to go along with his Classic scorein the G1 Poule d'Essai des Poulains. Epitome's latest foal is a juvenile filly by Mastercraftsman (Ire). Lifetime Record: 6-3-1-1, $213,910. Click for the VIDEO.
O/B-Godolphin (IRE); T-Saeed bin Suroor.

 

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