Horse Race Betting News

The Kentucky Derby and The Preakness Stakes are two of the most popular horse racing events of the year and ever since the US passed the UIGEA horse race betting has flourished online. Searches for the Kentucky Derby the week before the race are amongst the highest search phrases in the world. The latest news related to the horse race betting industry can be found here.

The Kentucky Derby is held in Louisville, Kentucky on the first Saturday of May. The first Preakness was held in 1873, so you know that horse race betting is perhaps, more American than Major League Baseball. Also, laws for horse race betting are changing all the time so stay tuned to this page for the latest reports.

Illinois' Online Gambling May Meet UIGEA Resistance
Published on October 16, 2009 by Tom Weston

Online gambling is now licensed in Illinois, but that doesn't mean the UIGEA won't interfere with payment processing in the state....

Online Gambling Begins to Gushing Praise in Illinois
Published on October 13, 2009 by Matt Miller

Illinois racing officials love the arrival of online gambling to their tracks, but foreign online casino operators are a mite confused....

Illinois to License Online Gambling Operators Tuesday
Published on October 12, 2009 by Joshua McCarthy

Licenses to conduct regulated online gambling will likely be issued tomorrow by the state of Illinois....

Tribal Casino Company Gambling on Texas Horse Racing Track
Published on September 19, 2009 by Ed Bradley

Chickasaw gaming interests, which operate Oklahoma casinos on the Texas border, have placed a bid on a bankrupt Texas race track in hopes of expanded gambling in the state....

Las Vegas Casino Offers New Betting Play for Horse Racing
Published on August 30, 2009 by Ed Bradley

The M Casino in Las Vegas has released yet another innovative gambling option for its sports book, playing only on or against the favorite in horse racing....

Online Gambling Company Youbet Sees Tumbling Profits
Published on August 17, 2009 by A.J. Maldonado

Online gambling operator Youbet saw second quarter profits slip considerably, while analysts had predicted a rise in profit for the Internet horse racing site....

Miami Airport to Host Casino Gambling on Premises?
Published on August 7, 2009 by Matt Miller

County officials are exploring putting a racetrack on premises so as to qualify for casino gambling....

Illinois Adds Online Gambling to Gaming Repertoire
Published on July 31, 2009 by K.C. Carmichael

Illinois adds forms of online gambling to the state's legalized gaming, even though the US Department of Justice somehow claims all Internet gambling is illegal....

Hong Kong Officials Extend Gambling Days to Reap Extra Revenue
Published on July 5, 2009 by Preston Lewis

Live horse racing in Hong Kong will be allowed five extra days this year, giving residents a few more paltry opportunities to enjoy gambling under the government's watchful eye....

Kentucky Slot Proponents Vow Election Revenge on Gambling Foes
Published on June 28, 2009 by Ed Bradley

Having found the state Senate firmly set against adding slots gambling to race tracks to help the horse industry, proponents have decided to work to put new Senators in place....

Kentucky Attorney General Says Casino Gambling Constitutional
Published on June 15, 2009 by A.J. Maldonado

The attorney general of Kentucky gave an opinion that casino gambling at horse tracks could be passed by the legislature without a constitutional amendment....

Calvin Borel Backs Kentucky Push for Race Track Slot Gambling
Published on June 8, 2009 by A.J. Maldonado

The winning jockey in both the Kentucky Derby and the Preakness, Calvin Borel, asked people in Kentucky to rally behind a proposal to bring video lottery gambling to tracks....

Frank Online Casino Bill Good for Horse Racing, Says Industry
Published on June 4, 2009 by Matt Miller

Members of the horse racing industry are dropping their opposition to the Frank online casino bill as they see benefits for themselves in the law....

Beshear Orders Special Session to Create Race Track Gambling
Published on June 4, 2009 by Joshua McCarthy

Kentucky Governor Steve Beshear is twisting legislative arms to get electronic slot gambling installed at race tracks, his latest move to protect impoverished horse owners and race track operators....

Borel Guarantees Gambling on Mine That Bird Will Pay
Published on June 3, 2009 by A.J. Maldonado

Jockey Calvin Borel says Mine That Bird will take first place at this week's Belmont Stakes, gambling that the little horse can once again outlast the field....

Illinois Lawmakers Reconsider and Pass Expanded Casino Gaming Law
Published on May 31, 2009 by Ed Bradley

After reviewing the state's dire financial circumstances, Illinois Senators reversed their previous decision and approved four new casino licenses for the state....

Horrific Event Doesn't Make Online Gambling Evil
Published on May 30, 2009 by Tom Weston

A monstrous tale of a father who kept betting online on horse races while his daughter's dead body had been discovered doesn't mean gambling is at fault, says an analyst....

Illinois Lawmakers Approve Online Gambling
Published on May 29, 2009 by Preston Lewis

The state House in Illinois approved a plan to expand horse race betting to the Internet, allowing state residents access to online gambling....

Bird Flying Away on Early Belmont Race Gambling
Published on May 27, 2009 by Ed Bradley

Belmont betters are gambling that Mine That Bird continues his amazing performances, making the Kentucky Derby winner the heavy favorite at the third Triple Crown race....

Kentucky Horse Owners Campaign for Slot Gambling
Published on May 25, 2009 by Matt Miller

Kentucky racing operators are using media and publicity outlets to tell the public of the need to approve slot machine gambling at tracks to save the horse industry....

Desperate Housewife Hatcher Uses Gambling to Teach Daughter
Published on May 16, 2009 by Matt Miller

Teri Hatcher, star of "Desperate Housewives," says she brings her daughter to horse races to help her learn math by computing odds and payouts....

Preakness Illuminates Troubles of Horse Race Gambling
Published on May 16, 2009 by A.J. Maldonado

Today's Preakness Stakes draws attention to the woes of the horse racing industry, a gambling style whose time may have passed....

Preakness Gambling Features Tale of Two Mounts
Published on May 14, 2009 by Matt Miller

The Preakness Stakes this year has attracted interest beyond gambling and racing circles as a Kentucky Derby-winning long shot and a once-in-a-lifetime filly lead the field....

Kentucky Spreads Internet Gambling as Case Goes to Supreme Court
Published on April 27, 2009 by Matt Miller

Even as the state seeks to seize the domain names of online gambling sites that operate inside the state without paying taxes, online gambling on Kentucky horse racing continues to find more outlets around the world... at places it doesn't pay tax....

Online Casinos Make Unbeatable Competition, Say Racetracks
Published on April 4, 2009 by Ed Bradley

The horse racing industry has been in dire financial straits for some time, and racing insiders are blaming online casinos for their trouble. That's like dinosaurs blaming mankind for evolution....

Illinois Joins List of States Seeking Online Gambling
Published on March 10, 2009 by Preston Lewis

Illinois lawmakers are considering plans to legalize and regulate online gambling on horse races and the lottery....

Slots at Nebraska Horse Tracks May Allow Casinos to Tribes
Published on February 7, 2009 by Julie Wong

Nebraska lawmakers are considering an amendment to allow horse tracks to host slot machine gambling, but are wary of opening the door to Native American casinos....

Online Casino Gambling New Kentucky "Signature Industry"
Published on January 19, 2009 by Tom Weston

Churchill Downs, the icon of Kentucky horse racing, has decided to lower its dependence on racing and build its online gambling and casino investments....

Casino Gambling and Horse Racing Build on Each Other
Published on January 18, 2009 by Ed Bradley

A study presented to Iowa gaming officials shows that live horse racing substantially increases the play at casino slots....

Online Casinos No Problem For Well-Run Horse Track Racinos
Published on December 28, 2008 by Matt Miller

Kentucky and some other states seem to feel the collapse of their horse racing industries is due to the competition from online casinos, but there's reason to believe it's just bad business management....

Competing With Racinos and Online Casinos Killing Kentucky Tracks
Published on December 21, 2008 by Virginia Maddox

Crowds at Kentucky tracks continue to diminish, as the best horses move to neighboring racinos and gambling tastes change....

Horse Race Betting on Phones OK With Wire Act, Online Casinos No?
Published on December 20, 2008 by Tom Weston

While the US Department of Justice wields the Wire Act like a sledgehammer against online gambling, the true intent of the law is violated by New Jersey horse racing, which now accepts phone plays....

Protectionism Doesn't Halt Kentucky Track Gambling Disadvantage
Published on November 23, 2008 by Tom Weston

Despite desperate protectionist measures employed by the Governor against online casinos, Kentucky racetracks are still losing revenue to tracks in more competitive gambling states....

Online Gambling Operator Betfair Deals American Horsemen In
Published on July 20, 2008 by Matt Miller

Internet gaming company Betfair is negotiating a price with U.S. racing groups for the use of American horse races in its wagering system....

Horse Gambling Fans Love Bo Derek's Passion
Published on July 20, 2008 by Virginia Maddox

Bo Derek may seem more likely to be a casino nightclub guest than a member of a governing board of horse racing, but Arnold Schwarzenegger and others think she's the best woman for the job....

Stearns Pursues National Horse Racing Board
Published on June 20, 2008 by A.J. Maldonado

Tragedies on horse racing tracks in recent prominent races have caused some Congressmen to consider the creation of a national board to oversee the sport....

Even Horse Racing Victim of Foul UIGEA
Published on June 17, 2008 by K.C. Carmichael

The tentacles of the UIGEA have dug their way into many unintentional pitfalls, and horse racing is just another victim of this unjust law....

Casino Drive Scratched, Leaves Big Brown Without Competition
Published on June 7, 2008 by Tom Weston

The horse that may have pushed Big Brown to greatness withdrew from today's Belmont Stakes....

Casino Drive Scratched, Leaves Big Brown Without Competition
Published on June 7, 2008 by Tom Weston

The horse that may have pushed Big Brown to greatness withdrew from today's Belmont Stakes....

Fantasy Football Gambling to Save Montana Horse Tracks
Published on May 12, 2008 by Joshua McCarthy

Montana's Board of Horse Racing will conduct fantasy sports gambling leagues statewide in conjunction with the Montana Lottery....

Online Gamblers May Find Kentucky Derby Blocked Out
Published on May 2, 2008 by Tom Weston

Online gambling on the famed Kentucky Derby may be rejected by banks and credit card companies wary of the undefined restrictions of the ridiculous UIGEA....

Nebraska Allowing Horse Tracks to Die a Slow Death
Published on April 19, 2008 by Joshua McCarthy

Horse racing, once the most popular form of gambling, is suffering, and nowhere more so than Nebraska....

Minnesota Opens Harness Track to Big Crowds
Published on April 14, 2008 by K.C. Carmichael

Running Aces, Minesota's new harness racing track, got off to a great start....

Canadian Horse Tracks Want Rights to Online Gambling
Published on March 6, 2008 by Joshua McCarthy

Canadian race track owners want a level playing field, which means allowing them to compete online with internet casinos....

New Jersey Casinos Agree to Pay Horsetracks
Published on March 4, 2008 by Tom Weston

Casinos won big in New Jersey, as a relatively minimal payout buys them the state's refusal to allow video gaming at horse tracks....

Television Newest Gambling Method in Australia
Published on February 21, 2008 by Tom Weston

Victoria, Australia has led the way in interactive television wagering....

Illinois Horse Track Tries to Last Until Slots Arrive
Published on January 11, 2008 by Tom Weston

Fairmount Park has trimmed its racing schedule in a desperate attempt to remain viable until legislators allow slot relief....

Birmingham Dog Track May Get Horse Racing and Bingo Machines
Published on December 23, 2007 by Preston Lewis

A Birmingham Dog Track has apparently closed in on a deal with a rival to form a joint venture and bring horse racing and bingo machines to the track....

Permanent License Given to Philadelphia Park Casino and Racetrack
Published on December 19, 2007 by Joshua McCarthy

Things are looking up at Philadelphia Park as construction plans earned a new, permanent license....

Internet Horse Race Betting in New York Strengthens WTO Ruling
Published on December 1, 2007 by Matt Miller

The New York Racing and Wagering Board has granted Capital OTB the right to provide Internet gambling transactions on horse races....