Churchill Downs Inc. will add $1.5 million to its purses over the next three years as part of a settlement of a 17-month-old court fight with horsemen over account wagering. The settlement, which includes the new three-year purse agreement, means that Churchill’s races from the fall meet that begins Nov. 1 will be available on the company’s TwinSpires.com account wagering service. It also means Churchill can negotiate contracts with other account wagering companies that took bets on its races during the spring. The agreement, announced Friday, spells the end of the federal lawsuit over how account wagering revenues are split. Churchill had accused horsemen of violating anti-trust laws in negotiations over revenue sharing, while horsemen accused the racetrack company of shorting the amount of account-wagering revenue the track...
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