BETFAIR SIGNS SECOND MAJOR POOL DEAL
6 November 2009
TVG agreement with New York Racing
Association will benefit non-US horserace fans
Betfair's U.S. based subsidiary TVG has scored a second
major US horserace betting coup, signing a deal with the
New York Racing Association (NYRA) to allow common-pool
pari-mutuel wagering on its races to Betfair customers
outside the United States.
Betfair signed a major
common pools agreement with the US Breeder's Cup just
last week (see previous InfoPowa report).
The
British betting exchange will now have access to NYRA’s
Aqueduct racetrack, Belmont Park and Saratoga Race
Course pools, with betting open to punters at the 39-day
Aqueduct Fall race meeting, which offers live racing
five days a week from now until the end of 2009.
Betfair's head of horse racing development Steven
Johnson said: "Following the acquisition of TVG, Betfair
has been looking to enhance its US racing product
offering. We have entered into agreements with a number
of US racetracks, and introduced US Tote betting onto
our site last month.”
Other major deals clinched
by Betfair recently include its $5.5 million investment
in the US-based firm Watercooler in a bid to access the
booming social networking sector (see previous InfoPowa
reports).
Online Casino News Courtesy of
Infopowa
More news here.
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