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BetMakers Technology Group will add racing content from Hollywood Casino at Penn National Race Course to the growing slate available for fixed odds betting on MonmouthBets, the organization said in a release early on Wednesday morning.

Through an exclusive license, the agreement between Penn National's parent company PENN Entertainment and BetMakers facilitates the delivery of content for fixed odds betting from Hollywood Casino and anticipates the addition of other PENN Entertainment racetracks in the coming months pending required horsemen and racing commission approvals.

“We are very happy to work with BetMakers to offer New Jersey's racing fans an opportunity to bet fixed odds on Hollywood Casino at Penn National Race Course,” said Chris McErlean, Vice President of Racing for PENN Entertainment. “We are interested in the reaction to our product in the New Jersey fixed odds wagering marketplace and hope that it will provide positive returns for not only Penn National but the wider racing industry.”

With the addition of the Penn National content, New Jersey bettors now have the opportunity to place fixed odds wagers on racing from 16 racetracks across the USA, Canada, the Caribbean and South America.

The post Betmakers Adds Penn To Fixed Odds Lineup appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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In the wake of the COVID-19 shutdown, the Pennsylvania Horse Breeders Association released the rundown of the payment structure for the remainder of the 2020 season. Breeder awards, which will remain at the same rate as before the closure, will include an additional 25% for maiden races (first through third). The breakdown is: 50% for PA-Sired PA-Breds and 25% for non-PA-Sired PA-Breds. Breeder awards in all other races will remain at 40% and 20%, respectively.
Additionally, owner bonuses will remain unchanged: PARX will be at 40%, Penn National at 20% and Presque Isle at 30%. Restricted races will continue to be offered at all three racetracks.
“Many of our breeders are also racing their horses, so it is important to keep those percentages at the same level. By doing this we help to solidify our commitment to those breeders who sell their horses commercially and to the new owners that purchase at the sales.”
The 2020 renewal of Pennsylvania Day at the Races, featuring PA-bred stakes, is expected to move to early September (around Labor Day).

The post PA Breeders Map Awards’ Structure for 2020 appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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