02-11-2007 TVG and Yonkers Raceway launch tvgnewyork.com

While the state of Massachusetts is considering whether to make online gambling a felony and the Louisiana State Police arrested three more people for taking sports bets over the internet, TVG and Yonkers Raceway launched an internet platform available to New York Residents to place account wagers on horse races.

"We are thrilled to work with Yonkers to deliver premium account wagering services to New Yorkers," commented David Nathanson, General Manager of TVG. "New York is the country’s largest pari-mutuel wagering state, and is obviously an important market for horseracing, with devoted fans and great local tradition. This service will bring innovative new wagering options to New York customers and deliver significant benefits to industry participants."

"Changes in New York law enabled racetracks to expand their service offerings to customers through account wagering via the Internet, which is an exciting opportunity," said Robert Galterio, General Manager of Yonkers Raceway. "In reviewing account wagering service providers, we concluded that TVG offered the highest quality products and services for customers in the New York market. Now that the new system has been approved by the Racing and Wagering Board, we’re anticipating measurable growth through this new platform, which will benefit both racetracks and horsemen."