Thursday, January 29, 2009

Betfair, TVG Notes

New article on Betfair and TVG here. Nicholson from Keeneland seems to tepidly see this as an opportunity. And as expected, he mentions the customer. It seems to be customary to mention the customer in every statement if you work for Keeneland.

Keeneland Race Course President Nick Nicholson, whose Lexington track had an exclusive contract with TVG, said he knows some Betfair officials in part through his previous job at The Jockey Club.

Since U.S. betting is based on the pari-mutuel system, he doesn't think Betfair will "have any choice but to do that" in this country.

Whatever happens, Nicholson said the industry needs to quit the feuding and frustrating its customers.

He believes, as Betfair does, that television is still an important medium for racing.

It will be interesting to watch this business plan develop as we have been chatting about below. I think racing will see some neat innovative change. Change that we need.

1 comment:

Anonymous said...

I couldn't agree more. We need TV coverage, we need innovation... Badly.

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