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  • Yankee Gentleman sire of Little Dale 1st Alw (May 23, 7th BEL). Owner, Vaccarezza, Priscilla, Amante, Anthony and Garrity, Christine; Breeder, Philip Birsh...
  • Petionville sire of Wups 1st Thoroughbred Maiden Derby (May 23, 9th BOI). Owner, Paul Treasure; Breeder, Michael Iavarone...
  • Strut the Stage sire of Head Honcho 1st Alw (May 23, 7th WO). Owner, Annecchini and D'Alimonte Holdings Inc. and Kingfield Farm; Breeder, William D. Graham...
  • Hard Spun sire of Gleaning 1st Mdn (May 23, 4th PID). Owner, Robert T. Manfuso; Breeder, Nursery Place & Robert T. Manfuso...
  • Medaglia d'Oro sire of Dealer 1st Alw (May 23, 8th CT). Owner, Coleswood Farm, Inc.; Breeder, Family Broodmare, LLC...
  • City Weekend sire of City Sweets 1st Mdn (May 23, 3rd IND). Owner, Mast Thoroughbreds LLC; Breeder, Robert Gorham & Mast Thoroughbreds LLC...
  • Philanthropist sire of Rob the Cradle 1st Alw (May 23, 2nd WO). Owner, Andrews, Denny and Paradox Farms Inc.; Breeder, Gardiner Farms Limited...
  • Chapel Royal sire of Mr Rodriguez 1st Mdn (May 24, 2nd BEL). Owner, Imperio, Michael and Loftus, Elizabeth; Breeder, Jill Imperio & Daniella Corian...
  • Jazil sire of Love Me Good 1st Mdn (May 23, 2nd PID). Owner, Sheltowee Farm and Blazing Meadow Farm; Breeder, Sheltowee Farm...
  • Posse sire of Parody 1st Alw (May 23, 4th PEN). Owner, Midwest Thoroughbreds, Inc.; Breeder, Don Mattox & Pam Mattox...
  • Indian Charlie sire of Nechez Dawn 1st Alw (May 23, 7th AP). Owner, Tresner, Coby and Matsas, Alex; Breeder, B. P. Walden Jr., Hargus Sexton & SandraSexton...
  • Canadian Frontier sire of Golden Frontier 1st Alw (May 24, 3rd CD). Owner, George Fister; Breeder, Brereton C. Jones...
  • Luftikus sire of Joyful Kiss 1st Alw (May 23, 7th CT). Owner, Winfred L. Hess, Jr.; Breeder, Ann M. Casey...
  • Mancini sire of Ride Around Sally 1st Alw (May 23, 6th IND). Owner, Joe Uliano; Breeder, Spade Stable...
  • Bustin Stones sire of Bustinattheseams 1st Mdn (May 23, 2nd BEL). Owner, Bourque Goldstein Thoroughbreds LLC; Breeder, Eaton & Thorne, Inc....
  • Hard Spun sire of Ribbon Taffy 1st Mdn (May 23, 5th IND). Owner, Pucek, John Paul and Marcinek, Paige; Breeder, Matthew R. Herbener...
  • Include sire of Window Boy 1st Grover (Buddy) Delp Memorial S. (May 23, 8th DEL). Owner, Luis Arenas; Breeder, Shelby Lane Farm Inc. & IncludeSyndicate...
  • Proud Citizen sire of Citizen Kat 1st Alw (May 23, 7th PEN). Owner, Midwest Thoroughbreds, Inc.; Breeder, Mark Reid & Charles Zacney...

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Oregon Racing Commission reviewing Betfair

Posted: Friday, February 13, 2009 7:05 PM

by Frank Angst

The Oregon Racing Commission has begun a standard review of Betfair after the London, England-based betting exchange purchased Television Games Network.

TVG operates an advance deposit wagering platform and a horse racing television channel. Enjoying wide reach, TVG handles more money than any other ADW operating through Oregon.

Because Oregon serves as the betting hub for TVG—and several other prominent ADW outlets—it will review the January 27 ownership change. Betfair purchased TVG from Macrovision Solutions Corp. for $50-million.

The Oregon Racing Commission is in the process of reviewing Betfair’s board of directors and officers. The commission’s executive director, Randy Evers, said the approximately 45-day review process already has begun.

Betfair executives are scheduled to attend the commission’s next scheduled meeting on February 19.

“That will largely just be a chance for the commission to meet and greet the Betfair representatives,” Evers said.

Because of the large amount of money TVG handles, Evers said it is important for the commission to complete a thorough review. In the first three months of 2008, TVG handled more than $380-million in wagers. Evers said the foreign ownership does not present any particular problem, noting other ADW companies currently operating in the state list some foreign owners.

In England and other countries, Betfair offers exchange wagering which allows bettors on its site to offer and accept bets. At this point, any review of Betfair will focus on its capability to run an ADW site. The company currently is not pursuing exchange betting in the United States.

Betfair has been at the center of several scandals. Jockey Kieren Fallon missed 17 months of riding during a race-fixing trial that ended in December 2007 without a conviction. Opponents of exchange-wagering pointed out that allowing bettors to essentially bet horses to lose creates more opportunity for race-fixing. Betfair said it provided key documents in the case that proved to be a key piece of evidence and assisted police.

In July 2007, the Washington Post reported three British residents used stolen credit cards to launder money through 12 Internet gambling sites to fund terrorist actions. Betfair was listed in the story but the company said that while attempts were made to access Betfair’s site, they were unsuccessful. The company said this information was shared with the police.

Frank Angst is senior writer for Thoroughbred Times

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