horse wagering

Los Angeles, CA (November 7, 2006) – On Saturday, November 4, the date of the Breeders’ Cup World Championships, TVG, America’s Horseracing Network, processed $6,708,450 in wagers, including $4,815,799 in wagering on the eight Breeders’ Cup races. Handle for the day was up 24.3 percent from Breeders’ Cup day in 2005, making it the second largest single day handle in TVG history, eclipsed only by 2006 Kentucky Derby day, when TVG processed $7,555,959 in wagers.
“The results demonstrated once again that fans continue to turn to TVG for racing’s premier events,” said David Nathanson, General Manager of TVG. “We congratulate our partners at the Breeders’ Cup on their record handle and we are happy to have been a contributor to that growth.”
TVG’s wagering handle on the eight Breeders’ Cup races was up 21.8 percent over the previous year.
TVG is the official sponsor of the Breeders’ Cup Sprint Division and marketing partner of the National Thoroughbred Racing Association. This year TVG offered its pre-Breeders’ Cup “The Works” show on demand to customers of Cablevision, Insight and Cox Communications. The network also recently launched TVGFree.net, its “play-for-fun” educational website aimed at expanding the horseracing audience, which was promoted heavily on the ESPN telecast of the Breeders’ Cup and experienced escalating traffic and new subscriber growth throughout the Breeders’ Cup program.
About TVG Available in over 18 million homes nationwide, TVG Network is the leading sports television network that combines the excitement of live horseracing from premier racetracks and the convenience of in-home, account wagering. In addition to live horseracing, TVG Network features commentary, interviews, in-depth race analysis, handicapping and wagering tutorials, and originally produced programming for racing’s major events. Viewers in certain areas can wager interactively on the races via telephone, the Internet or Interactive Television by establishing a wagering account online at www.TVG.com or by telephone at 1-888-PLAY-TVG. TVG is the official TV and Interactive Wagering partner of the National Thoroughbred Racing Association (NTRA).
TVG Network, a subsidiary of Gemstar-TV Guide International, Inc., (NASDAQ: GMST) has exclusive agreements for television and interactive wagering with the following racetracks: Aqueduct, Arlington Park, Belmont Park, Calder, Churchill Downs, Del Mar, Ellis Park, Emerald Downs, Fair Grounds, Fairplex Park, Hawthorne, Hollywood Park, Hoosier Park, Japan Racing Association, Keeneland, Kentuc