T-Bred Signal Impasse Looming

Published: December 1, 2011 12:12 pm EST

According to a report, the Woodbine Entertainment Group and Monarch Content Management have yet to reach a deal in regard to the rates WEG will have to pay on some select U.S. simulcast signals. As a result, Canadian handicappers may be shut out of wagering on races from Gulfstream Park and Tampa Bay Downs when their live meets open this Saturday

(December 3).

The Daily Racing Form has reported that Canadian wagering on Santa Anita, which will kick off its live meet on December 26, could also be affected if an agreement is not struck.

The article state that the disagreement between the two parties is in regard to the rates WEG would have to pay to Monarch for the signals. The report explains that Monarch has raised the rates that Canadian wagering outlets, which are operated by WEG, would have to pay.

The report has quoted Monarch President Scott Daruty as saying the rate increase would “only bring the Canadian sites in line with every other outlet in North America.”

The Daily Racing Form article states that WEG officials have yet to comment on the matter.

(With files from the Daily Racing Form)