Exchange Wagering

NJ Exchange Wagering Live In May

On Thursday, April 21, Betfair US, the operator of the world's most popular exchange wagering platform, and Darby Development, the operator of Monmouth Park, announced that exchange wagering will be o...

Step Forward For NJ Exchange Wagering

November 23, 2015

It has been reported that this past Wednesday (November 18), the New Jersey Racing Commission approved an application from the New Jersey Sports & Exposition Authority to issue Betfair US an excha...

CA Exchange Wagering Rules Approved

August 06, 2013

The Office of Administrative Law notified the California Horse Racing Board today that all exchange wagering rules have been approved and are effective immediately.

Exchange Wagering Issues Addressed

The California Horse Racing Board (CHRB) received official notice Thursday that the Office of Administrative Law (OAL) disapproved the regulatory package containing 25 proposed rules that the Board ap...

CHRB Passes Exchange Wagering Rules

November 16, 2012

During its meeting Thursday, November 16 at Hollywood Park, the California Horse Racing Board passed a set of rules pertaining to the legalization of exchange wagering in the state.

CHRB Committee To Review Exchange Wagering Rules

The California Horse Racing Board conducted its regular meeting Thursday, June 28, at Hollywood Park.

Betfair $10M Into U.S. Racing Exchange Site

December 07, 2011

Stephen Burn, the CEO of TVG and Betfair, said that his company has already spent 10 million dollars on the development of a U.S.-based exchange wagering site for horse racing

Demystifying Exchange Wagering

December 01, 2011

The concept of exchange wagering confuses some. Others wonder how the racetrack, exchange operator and successful punter make money off the wagering venture.

CHRB Seeks Input On Exchange Wagering

August 03, 2011

The California Horse Racing Board (CHRB) is soliciting input in its development of rules pertaining to the regulation of exchange wagering, which is defined as a form of pari-mutuel wagering in which ...

Eaves On WEG's Wagering Future

Woodbine Entertainment Group President and CEO Nick Eaves has stated that the Canadian racing giant has looked into exchange wagering and that the betting phenomenon is something that the company cann...

Commission Giving Gag Order?

According to a report, the British Horseracing Authority recently contacted Betfair in regard to a jockey's blog on the exchange-wagering website. The action has led to a delay of the launch of the ri...

Betfair Looking To Acquire Monmouth

February 24, 2011

"New Jersey has a fantastic horse racing heritage. Betfair and TVG are absolutely committed to having a role. The racing product at Monmouth Park was vastly superior last summer. Similarly, the Meadow...

RCI Meeting To Focus On Exchange Regulation

February 16, 2011

The Association of Racing Commissioners International (RCI) plans to feature discussions on the regulation of exchange wagering at its upcoming 77th Annual Conference on Racing and Wagering Security, ...