Page 105 - January 2021
P. 105
ECHN TA
by John Moorehouse
GICAL DVANCES in the Horse Industry
Creative Wagering Technologies LLC recently launched Slots of Races, which allows real-time betting on horse races around the world with easy access through an iPad kiosk.
Stop for a moment and think about how Currently, online wagering is legal in 39
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technology has changed our lives in the past five years. Or 10. Or 20. Technological advances have altered how we work, learn, shop, and socialize. Technology has reshaped every aspect of society, including the horse racing world.
WAGERING
Placing bets remains a pivotal part of the revenue stream for racetracks. Those with attached casinos do big business—or were, until COVID-19 emerged early on in 2020.
With overall attendance at horse racing on the decline, however, one company is offering people the chance to make online wagers in a new and exciting way. Creative Wagering Technologies LLC recently launched Slots of Races, which allows real-time betting on horse races around the world, with easy access through an iPad kiosk.
states, although certain jurisdictions have limits. New Mexico prohibits betting online
at all of its mainstay Quarter Horse tracks— Albuquerque, Ruidoso, Sunland, SunRay and Zia—and also prohibits online wagers on races at Sam Houston in Texas.
Simulcast services, such as the TVG Network, also allowed horse owners and other connections to stay involved and watch races during the pandemic, when certain facilities were allowing only essential personnel at their tracks. Early on in the pandemic, Sports Video Group website wrote an article noting how TVG in particular was helping to provide content for sports fans who were otherwise starved for live content, with nearly every other sports league around the world shuttered due to COVID-19 mitigation.
Simulcast services, such as the TVG Network, also allowed horse owners and other connections to stay involved and watch races during the pandemic, when certain facilities were allowing only essential personnel at their tracks.