Simulcast Impasse Means No Kentucky Downs Wagering For NYRA And NYRA Bets Customers

Kentucky Downs has reached an agreement with all the major simulcast outlets and account-wagering platforms to take bets on the six-date all-turf meet except the New York Racing Association and its affiliated online-arm NYRA Bets as well as some of the tracks and outlets they represent in the simulcasting market.

Kentucky Downs, located in Franklin, Ky., opens this Sunday and continues through Labor Day Monday and Sept. 8, 9, 11 and 12.

The lack of a signed contract means that horseplayers at NYRA's three tracks as well as NYRA Bets account-holders will not be able to place wagers on Kentucky Downs. (New York state's regional OTB networks are not impacted.)

Kentucky Downs is the host track for inter-track and whole-card wagering in Kentucky during its live race meet. As a result of the impasse, horseplayers betting on-site at any of the Kentucky tracks likewise will not be able to wager on the last two days of Saratoga's meet, Sunday and Monday. Online betting platforms such as TVG, TwinSpires and Xpressbet are not affected.

“We are disappointed and saddened by NYRA's decision but also understand and accept it,” said Ted Nicholson, Kentucky Downs' Vice President for Racing. “We want to let horseplayers know in advance so they aren't caught off-guard. We are confident that New York horseplayers will find alternative ways to wager on Kentucky Downs and look forward to resolving this issue at some point with NYRA.”

The post Simulcast Impasse Means No Kentucky Downs Wagering For NYRA And NYRA Bets Customers appeared first on Horse Racing News | Paulick Report.

Source of original post

Global Tote To Produce Morning Line For Kentucky Downs Meet

Who better to make a morning line than the company that processes the bets?

The program odds at Kentucky Downs' elite meet in early September will be the Global Tote Morning Line, produced by BetMakers Technology Group (“BetMakers”). Global Tote, a BetMakers Company, also serves as Kentucky Downs' tote services provider, supplying the terminals, systems and services that allow patrons to wager while visiting Kentucky Downs.

The morning line provides early odds as a reference point for horseplayers. While they don't impact wagering, they reflect the line-maker's opinion of the odds that each horse will go off in actual betting. Horseplayers and casual fans alike use the morning line for insights that include if a horse provides value by being well above the program odds, if a horse who figures among the favorites is not being bet in live action or if a horse that hasn't shown much is getting pounded in wagering.

“Betting odds are Global Tote's and BetMakers' business,” said Ted Nicholson, Kentucky Downs' Vice President for Racing. “I can't think of a better entity to be making our morning line, which is such a fundamental part of handicapping horses.”

Australia-based BetMakers Technology Group provides critical solutions in technology, data and development to the global racing and wagering industry, spanning both fixed odds and pari-mutuel markets with a presence in more than 40 countries and 35 U.S. states.

BetMakers' Global Tote, founded with the June 2021 acquisition of Sportech Racing, is the global leader in tote, creating solutions that propel the racing industry forward.

“We at BetMakers and Global Tote are very excited to support our partner, Kentucky Downs,” said Dallas Baker, Head of International Operations for BetMakers. “Bettors rely on Global Tote technologies to deliver an engaging betting experience whether visiting Kentucky Downs' beautiful September meet or betting off-track on what has been one of the most phenomenal successes in racing anywhere in the last decade. We wish everyone betting on Kentucky Downs an entertaining and winning time and hopefully we can provide some helpful insight for handicapping strategies with the Global Tote morning line from BetMakers.”

Kentucky Downs' 6 1/2-furlong stakes for 2-year-olds on Sept. 9 has been renamed the $500,000 Global Tote Juvenile Sprint.

The post Global Tote To Produce Morning Line For Kentucky Downs Meet appeared first on Horse Racing News | Paulick Report.

Source of original post

Kentucky Downs Boosts Non-Stakes Purses By Eight Percent

Kentucky Downs will have an eight-percent purse increase in its non-stakes races from what was announced previously in the early September meet's condition book.

Maiden special-weight races for Kentucky-breds will now offer a purse of $135,000; first-level allowance race $145,800 and second-level allowance races $156,600. The increase applies to every non-stakes race at the meet except the four starter-allowance races carrying $100,000 purses as qualifiers for the Claiming Crown later this year at Gulfstream Park.

The country's most celebrated turf meet runs Sept. 5, 6, 8, 9, 11 and 12 over America's only European-style course. Tickets for reserved seating and dining can be purchased at https://www.tickettailor.com/events/kentuckydowns/.

“Not everybody has stakes horses, and Kentucky Downs gives those owners an opportunity to run for as much money as some stakes offer,” said Ted Nicholson, Kentucky Downs' Vice President for Racing. “We know much of the money earned will be reinvested in the industry, starting at the horse auctions in Lexington that come right after our meet.

“Money attracts horses, and horses mean jobs. Every horse that comes to Kentucky Downs to race is a benefit to area businesses, including hotels and restaurants.”

The additional funds for overnight races are split evenly between association money, which can be used on any race and for which every horse competes, and purse supplements from the Kentucky Thoroughbred Development Fund (KTDF) for horses born in the state and sired by a Kentucky stallion. Such Kentucky-breds reflect the majority of horses racing.

The additional Kentucky-bred purse supplements were approved last week by the Kentucky Horse Racing Commission's KTDF advisory committee.

Said KTDF committee chair and commission member Bill Landes: “Kentucky Downs' additional positive adjustment to their KTDF overnight purses is a symbol of their good stewardship of KTDF funds but also recognizes their dedication to making Kentucky the pre-eminent racing jurisdiction in America.”

Overall purses offered at the meet now are scheduled to total $15,259,400, which includes $10 million spread among 16 stakes races. The meet's overnight (maiden, allowance and claiming) races are scheduled to average $876,000 a day.

“But there's more to the owner's experience than purses,” Nicholson said. “We've got some surprises in store this meet for the owners who put on our show. We want Kentucky Downs to be a track that, win or lose, owners can't wait to return to run their horses.”

The post Kentucky Downs Boosts Non-Stakes Purses By Eight Percent appeared first on Horse Racing News | Paulick Report.

Source of original post

Kentucky’s Harness Horsemen Embracing New ‘Corbin At The Red Mile’ Dates

The reaction from standardbred horsemen to Kentucky gaining an additional harness meet has been overwhelming. Now the problem facing racing secretary Kevin Mack is trying to accommodate as many stables as possible for The Red Mile meet that will serve as a prelude to Kentucky's third harness track. The 12-date meet runs Sunday July 4 through July 27, with racing on Sundays, Mondays and Tuesdays over the famed Red Mile's red-clay oval in Lexington. Post time will be 1 p.m. EDT.

“I couldn't be more pleased with the response,” Mack said. “We have an overwhelming number of stalls applied for — more than we have stalls. We're delighted with the response for a new meet. Looking forward to seeing all the horsemen and to hit the ground running coming July 4.”

Ron Winchell and Marc Falcone, Kentucky Downs' majority owners and managing partners, are building a harness track in Corbin in southeastern Kentucky in partnership with Keeneland Race Course. The Kentucky Horse Racing Commission granted the owners dates at The Red Mile while the Corbin facility is being constructed. A satellite Historical Horse Racing gaming operation also will be built in nearby Williamsburg to create money for purses as well as jobs in the region.

“Marc and Ron believe in this industry and really want to make a big difference,” said Ted Nicholson, Kentucky Downs' vice president for racing who will oversee the Corbin at The Red Mile meet. “This is the first step. We thank the racing commission for granting us the dates until Corbin can be up and running and can't say enough about The Red Mile for working with us.”

Winchell said that he believes harness racing can mirror the growth that Kentucky Thoroughbred racing has experienced since Kentucky Downs introduced Historical Horse Racing into the state in 2011.

“That includes expanding entertainment and job options in the southeastern part of the Commonwealth,” Winchell said. “We so believe in this project and its bright future that we didn't want to sit out a year while building the track. By funding a 2021 Corbin meet at The Red Mile, we are showing our commitment to harness racing.”

The meet will include two days showcasing Kentucky's county-fair circuit, offering racing for 2- and 3-year-old trotters and pacers. The Mercer County Fair races will be conducted at the meet on July 13. The highest point-earners from the seven-stop fair circuit will face off in the $200,000 series finals on July 20.

The Corbin at Red Mile meet also will include prep races for the Kentucky Sire Stakes Championship and the Commonwealth Series. Both series are for Kentucky-sired horses, as well as the foals of mares who spent at least 180 days in Kentucky in the year of the foal's conception.

The meet's regular races, not counting those funded by the Kentucky Sire Stakes program, is scheduled to average about $45,000 a card while being underwritten by the owners of the Corbin track.

“This is a much-needed boost to harness racing in Kentucky,” Mack said. “We were down at one point to having only one track, The Red Mile, after some of the others closed. Then we added Oak Grove last year and now the new Corbin meet. It's giving Kentucky-sired horses better money to go for, and it's going to provide more days of racing in the state, which was desperately needed.”

Entries for the July 4 opening card will be taken July 1.

The post Kentucky’s Harness Horsemen Embracing New ‘Corbin At The Red Mile’ Dates appeared first on Horse Racing News | Paulick Report.

Source of original post

Verified by MonsterInsights