TrackNet & MidAtlantic Reach Agreement

Published: January 22, 2010 07:14 pm EST

TrackNet Media Group, LLC (“TrackNet”) and the MidAtlantic Cooperative, L.L.C. (“MidAtlantic”) today announced that they have reached an agreement regarding the purchase by MidAtlantic members of the simulcast signals of racetracks affiliated with TrackNet

. TrackNet affiliated racetracks currently running live race meets include Fairground Racecourse, Santa Anita Park, Gulfstream Park, Oaklawn Park, Golden Gate Fields and Laurel Park. Pursuant to the agreement, patrons attending wagering facilities operated by MidAtlantic members may begin wagering on TrackNet content immediately.

About TrackNet Media Group LLC
TrackNet Media Group, LLC is a venture of North America’s premier horse racing and entertainment companies, Churchill Downs Incorporated (NASDAQ: CHDN) and Magna Entertainment Corp. TrackNet sells horse racing content from its stable of racetracks to a variety of domestic and international wagering outlets, including racetracks, casinos, off-track wagering facilities, and advance deposit wagering companies. TrackNet also purchases horse racing content from third party racetracks for distribution to its member racetracks and its affiliated advance deposit wagering platforms, including XpressBet and TwinSpires. TrackNet employs the highest standards of wagering security and integrity when licensing horse racing content to third parties to reduce the chances of signal piracy and ensure content producers receive the compensation they are due. TrackNet is headquartered in Louisville, Ky., and also has offices in Arcadia, Calif.

About the MidAtlantic Cooperative, L.L.C.
The MidAtlantic Cooperative is a purchasing cooperative that represents 17 racetracks and associated facilities including Meadowlands, Monmouth Park, Atlantic City Race Course, Freehold Raceway, Philadelphia Park, Penn National Race Course, Mohegan Sun at Pocono Downs, Harrah’s Chester Downs, Charles Town Races, Delaware Park, Ocean Downs, Dover Downs, Harrington Raceway, Rockingham Park, Suffolk Downs, Colonial Downs and Rosecroft Raceway.

(Freehold Raceway)

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