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Fairmount Park To Be Renamed FanDuel Sportsbook And Horseracing Through New Partnership

Fairmount Park in Collinsville, Ill., will soon have a new name through its partnership with the sports betting giant FanDuel. The 95-year-old racetrack just east of St. Louis, Mo., will be known as FanDuel Sportsbook and Horse Racing.

In an interview with the St. Louis Post-Dispatch, FanDuel Group CEO Matt King outlined plans for a sportsbook at the racetrack, but added “We're investing broadly to revitalize the track itself.” The Post-Dispatch reports plans for the track to bring back the St. Louis Derby – last run in 2006 – and fund it with a $250,000 purse.

The sportsbook could open as early as late January 2021.

The Illinois Racing Board has approved 53 days of live racing at Fairmount Park in 2021, with a meet extending from April 27-Sept. 6

Fairmount Park is also in the process of getting a casino license made possible through a gaming bill passed by the Illinois legislature in 2019. The track has been owned since 2000 by William Stiritz and Associates.

FanDuel and the horseracing network and advance deposit wagering company TVG are related through their common ownership by Flutter Entertainment.

FanDuel Named Title Sponsor Of Breeders’ Cup Mile, Includes Charity Partners In Race Names

Officials of Breeders' Cup and FanDuel Group today announced that FanDuel, America's premier gaming destination, will become the title sponsor of the $2 million Breeders' Cup Mile (G1) at this year's Breeders' Cup World Championships. In addition, two of FanDuel Group's major charity partners will be incorporated into its naming rights for this year's event — the FanDuel Breeders' Cup Mile presented by PDJF and the TVG Breeders' Cup Juvenile presented by Thoroughbred Aftercare Alliance.

The Breeders' Cup, one of Thoroughbred racing's most prestigious international events, consisting of 14 races and purses and awards totaling $35 million, is scheduled to be held on Nov. 6-7 at Keeneland Race Course in Lexington, Ky. The World Championships will be televised live on NBC and NBCSN.

For several years, FanDuel subsidiary TVG, America's Horse Racing network, has partnered with the Jockeys' Guild's Permanently Disabled Jockeys Fund (PDJF), on initiatives including an annual telethon, and with the Thoroughbred Aftercare Alliance, to raise awareness and funding for both organizations.

“We are excited that FanDuel will become the title sponsor of the Breeders' Cup Mile and thank them for their commitment to the World Championships,” said Breeders' Cup President and CEO Drew Fleming. “Since announcing our multi-year agreement last year, we have enjoyed an outstanding relationship with FanDuel and TVG as they have expanded and strengthened their support of the Breeders' Cup and Thoroughbred racing.”

“Building off an amazing start last year, FanDuel and TVG are looking forward to this year's Breeders' Cup and to working together to create new fans for horse racing,” said Kip Levin, CEO of TVG. “We appreciate Breeders' Cup's and NBC Sports' cooperation in including our charity partners into the race names for this year. Both the PDJF and Thoroughbred Aftercare Alliance do so much to help provide care and resources for our athletes and we wanted to share the spotlight with them on two of our sport's biggest days.”

In 2019, Breeders' Cup and FanDuel announced a comprehensive multi-year sponsorship agreement making TVG and FanDuel the official Wagering Partners of the Breeders' Cup World Championships. TVG will retain its title sponsorship of the $2 million Breeders' Cup Juvenile (G1), which also was announced last year.

The collaboration also established TVG and FanDuel official partner status for four of its business units: Advanced-Deposit Wagering (TVG) as well as sports betting, daily fantasy sports and online casino, all of which operate under the FanDuel brand.

TVG and FanDuel will continue to receive official sponsor designation, commercial units and other promotional rights as part of NBC Sports' coverage of the Breeders' Cup World Championships and also will be the Presenting Partner of NBCSN's “Betting the Breeders' Cup” show, which will air multiple times during Breeders' Cup week and include complete handicapping and analysis of the World Championships. In another component of the partnership, FanDuel Group will promote the Breeders' Cup World Championships to its databases of Daily Fantasy and sports betting customers.

In January, FanDuel introduced FanDuel Racing, an advanced-deposit wagering service aimed at novice race fans, and began promoting it across its DFS platform. Prior to that, FanDuel had developed and introduced daily fantasy sports applications for horse racing.

The $2 million FanDuel Breeders' Cup Mile presented by PDJF is a Grade 1 race for 3-year-olds and older, which will be run at 1 mile on the Keeneland turf course on Saturday, Nov. 7. The Mile annually draws top flight international competition. This year, horses from South Africa, France, Great Britain, Japan and the U.S. already have qualified automatically for the FanDuel Breeders' Cup Mile by winning races in the Breeders' Cup Challenge Series.

The $2 million TVG Breeders' Cup Juvenile presented by Thoroughbred Aftercare Alliance is a Grade 1 race for 2-year-olds, which will be run at 1 1/16 miles on the Keeneland main track as part of Breeders' Cup's Future Stars Friday program.

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TVG Going High-Definition On Charter’s Spectrum Service

TVG, America's horse racing network, will be available in high-definition in homes across the country by the end of September on Charter's Spectrum service, TVG announced on Friday.

Charter Communications is a leading broadband connectivity company and cable operator serving more than 29 million customers across 41 states including Kentucky, New York, New Jersey, California, Texas, Florida, Michigan and Wisconsin.

“Upgrading our carriage to HD has been a priority for TVG and we're very excited to be launching later this summer with our partners from Spectrum,” said Kip Levin, President of FanDuel Group and CEO of TVG. “We will continue to invest in production, technology and carriage enhancements as part of our overall commitment to our track and horsemen partners and we look forward to more good news in this area in the next several weeks.”

The announcement comes as TVG begins coverage of two premier Thoroughbred race meets, Keeneland's special Summer Meet, which began on Wednesday, July 8, and Del Mar's traditional Summer Meeting beginning Friday, July 10.

During the Keeneland Summer Meet, TVG analysts Caton Bredar, Caleb Keller, Gabby Gaudet, Scott Hazelton and Todd Schrupp are on-site every day to lead the network's coverage. Race-day coverage begins at 11:30 a.m. when Gaudet and Hazelton host “Today at Keeneland,” the popular 30-minute preview show with handicapping picks and discussion of horses of interest. “Today at Keeneland” will air live on TVG2, The CW Lexington and WKYT.com and be streamed live on Keeneland.com, KeenelandSelect.com and Facebook Live.

TVG's coverage of Del Mar will be on-site every day beginning with Christina Blacker, Britney Eurton, Joaquin Jaime and Mike Joyce reporting live from the popular seaside track.

Headquartered in Los Angeles, TVG, a division of the FanDuel Group, is one of the largest legal online gaming companies in the US, processing more than $1 billion in horse racing wagers annually from residents of 33 states. The TVG network airs races from more than 150 racetracks worldwide and is the most widely distributed horseracing network in North America, operating TVG and TVG2 in 45 million US homes.

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TVG Now Available To Residents Of Michigan Via Northville Downs Parntership

Residents of Michigan can now watch and wager on live horse racing through TVG, an affiliate of the FanDuel Group, and the largest Advance Deposit Wagering platform in the US and America's horse racing network, in a partnership with Northville Downs, the Standardbred racing facility in Northville, MI.

TVG launched its service this week after being conditionally approved in June by the Michigan Gaming Control Board. Northville Downs has been closed for on-site simulcast wagering due to Covid 19 restrictions. TVG features both Thoroughbred and Standardbred racing from major racing venues in the US as well as top international racing from Europe, Japan, Australia and Hong Kong.

“We're excited to launch in Michigan in partnership with Northville Downs and to provide an opportunity for fans to enjoy racing from around the world from the comfort of their homes,” said Kip Levin, TVG's CEO.

Advance Deposit Wagering (ADW) is a legal, regulated form of wagering on horse racing in which the bettor makes a deposit to fund an account and places wagers from that account on-line via mobile phone or other device. It is authorized specifically in 33 states in the US and bettors must be at least 18 years old to open an account in most states.

Horse racing fans and bettors can watch TVG on cable – DirectTV, Dish, Xfinity and Spectrum as well as on satellite and via its app, Watch TVG as well as on OTT platforms including Apple TV, Amazon Fire and Roku as well as streaming on TVG.com.

New account signups can take advantage of a $200 Risk Free offer on their first win bet with TVG; Sign up with TVG using the promo code RISKFREE, place a win wager on your first bet and if it loses TVG will refund you your wager amount up to $200.

In December 2019, Michigan's Horse Racing Law of 1995 was amended to allow a race meeting licensee to use contracted third-party firms to facilitate wagering on live and simulcast pari-mutuel racing. In May, the Gaming Control Board issued regulations for operators in the state.

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