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08-30-2015, 05:21 PM
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#286
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Journeyman
Join Date: Apr 2011
Posts: 73
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Quote:
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Originally Posted by srdnaty
I really hope Texas Tracks close.....
Horseplayers in Texas, understandably, were unhappy to be cut out by the 2012 law and recent court ruling. But Texas racetracks and horsemen were unhappy that they were receiving zero revenue from wagers made by Texas residents with ADW companies. They felt their customers were being poached.
http://www.paulickreport.com/news/ra...ing-landscape/ |
All they needed to do was create a Texas based ADW and would have kept all the money in the state to help supplement purses. Now the TRC/horsemen want HRTs in racetracks to supplement revenue. They had a tough time bringing in people to watch/bet LIVE races.....you think people are going to come to the track to watch/bet replays on a 6 inch screen?? TRC and texas horsemen are not the brightest for sure.
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08-30-2015, 05:50 PM
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#287
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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Quote:
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Originally Posted by Maxximus
All they needed to do was create a Texas based ADW and would have kept all the money in the state to help supplement purses. Now the TRC/horsemen want HRTs in racetracks to supplement revenue. They had a tough time bringing in people to watch/bet LIVE races.....you think people are going to come to the track to watch/bet replays on a 6 inch screen?? TRC and texas horsemen are not the brightest for sure.
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Neither is the state for outlawing ADW wagering at a time when that was the only growth segment in racing! 
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08-30-2015, 07:07 PM
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#288
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Journeyman
Join Date: Apr 2011
Posts: 73
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Quote:
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Originally Posted by raybo
Neither is the state for outlawing ADW wagering at a time when that was the only growth segment in racing! |
The Texas Racing Act outlawing ADW was already written for many years now. It was the TRC that enforced it and took Twinspires to court. The Texas Racing Act has many amendments in it since 1997 and all they needed to do was take an eraser to the online gambling section. TRC is not a lobbying group but who knows if they are the ones being lobbied by the proponents of slots/hrts
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08-30-2015, 07:40 PM
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#289
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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Quote:
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Originally Posted by Maxximus
The Texas Racing Act outlawing ADW was already written for many years now. It was the TRC that enforced it and took Twinspires to court. The Texas Racing Act has many amendments in it since 1997 and all they needed to do was take an eraser to the online gambling section. TRC is not a lobbying group but who knows if they are the ones being lobbied by the proponents of slots/hrts
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Of course they're being lobbied, by the horsemen, who only think about purses. Handle is what keeps tracks going, not purses.
The law that made it illegal for Texas residents to bet on Texas tracks online has been in force for a long time, but it didn't make it illegal to bet online at other states' tracks. That was the beginning of the end for Texas racing, they took Texas residents' money out of their own pools but allowed it to leave the state to pools in other states. A much more recent bill upheld the "Sunset" provision, which requires periodic reassessment of current law in order to see if current law needs to be adjusted or removed completely, and added that no Texas resident could bet online, at all. That is the final nail in the coffin for Texas racing, IMO.
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08-31-2015, 11:54 AM
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#290
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Registered User
Join Date: Dec 2013
Posts: 436
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Quote:
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Originally Posted by raybo
Of course they're being lobbied, by the horsemen, who only think about purses. Handle is what keeps tracks going, not purses.
The law that made it illegal for Texas residents to bet on Texas tracks online has been in force for a long time, but it didn't make it illegal to bet online at other states' tracks. That was the beginning of the end for Texas racing, they took Texas residents' money out of their own pools but allowed it to leave the state to pools in other states. A much more recent bill upheld the "Sunset" provision, which requires periodic reassessment of current law in order to see if current law needs to be adjusted or removed completely, and added that no Texas resident could bet online, at all. That is the final nail in the coffin for Texas racing, IMO.
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Online wagering is illegal period. No matter what track one wants to bet on.
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08-31-2015, 01:41 PM
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#291
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Registered User
Join Date: Jan 2008
Posts: 96
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That is true in Texas since 2011/2012. Before that only online wagering on Texas Tracks was illegal. That had been in law since the early 2000's.
I love the "hurts children" statement by lawmakers. It takes more effort to open an ADW account than it does a daily fantasy account.
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Originally Posted by Mystic
Online wagering is illegal period. No matter what track one wants to bet on.
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08-31-2015, 02:43 PM
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#292
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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Quote:
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Originally Posted by Mystic
Online wagering is illegal period. No matter what track one wants to bet on.
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That's exactly what I said!
Quote:
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A much more recent bill upheld the "Sunset" provision, which requires periodic reassessment of current law in order to see if current law needs to be adjusted or removed completely, and added that no Texas resident could bet online, at all.
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08-31-2015, 04:35 PM
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#293
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Registered User
Join Date: Jan 2008
Posts: 96
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08-31-2015, 04:52 PM
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#294
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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Quote:
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Originally Posted by srdnaty
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Thanks!
Quote:
AUSTIN -- Unable to agree on whether to defund the Texas Racing Commission for its approval of a controversial new form of betting, state lawmakers are discussing a compromise that would allow the agency's leaders to stay on the job temporarily.
Chuck Trout, the commission's executive director, formally requested three months of money Monday, the day before a deadline for the Legislative Budget Board to approve funding before the start of the next fiscal year.
As he has said in the past, Trout wrote in a letter to lawmakers that if the board does not release the funding for the commission's central administration by the deadline, the agency could not pay its employees and would be forced to close. Because state law requires commission staff to oversee races, that would force the entire multi-million dollar horse racing industry to close, Trout has said.
On Monday, he added the new details that such a closure would prevent staffers from getting final paychecks and the commission from complying with the public-records law.
Temporary funding would at the very least "allow the agency to wind down operations in an orderly fashion that would be greatly beneficial to our employees, licensees, the entire pari-mutel racing industry and the State of Texas as a whole," Trout said.
Legislative Budget Board leadership was discussing the compromise Monday afternoon, according to three people briefed on the negotiations who were not authorized to speak publicly.
The board is run by Lt. Gov. Dan Patrick and state House Speaker Joe Straus, but the two leaders are deadlocked, with Patrick determined to defund the commission and Straus -- whose family is involved in horse racing -- set on saving it.
The dispute centers around the approval of "historical racing," which allows players to bet on previously-run races that have been stripped of identifying markings. The game could bring in significant revenue for the state's struggling horse tracks, but it has drawn criticism because its terminals resemble slot machines.
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08-31-2015, 09:29 PM
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#295
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Registered User
Join Date: Feb 2006
Location: Houston Tx.
Posts: 3,130
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Quote:
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On Monday, senate members of the Legislative Budget Board unanimously agreed to fund the commission through the first quarter of fiscal year 2016.
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http://www.ksat.com/news/texas/texas...ter-of-fy-2016
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08-31-2015, 10:54 PM
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#296
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Registered User
Join Date: May 2010
Posts: 33
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One person in the Dallas area told me a couple hours ago he was told they were all shutting down tomorrow.
I figured it was old news and his source just hadn't heard about the funding.
Then a completely separate source told me thirty minutes ago that Sam Houston was putting up signs saying they are shutting down tomorrow.
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08-31-2015, 11:04 PM
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#297
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Registered User
Join Date: May 2010
Posts: 33
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SHRP says they received notice from TRC after hours to shut down.
I can't read the full story but it is on DRF.
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08-31-2015, 11:09 PM
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#298
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Registered User
Join Date: May 2010
Posts: 33
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08-31-2015, 11:58 PM
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#299
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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Quote:
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Originally Posted by BuddyOscar
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According to that article, nothing has been settled yet, but will be at midnight tonight. What riles me most is the mention of the 36,000 people in the horse racing industry in Texas, but never mentions the hundreds of thousands of Texas horse racing wagerers. It's like we don't even exist. 
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09-01-2015, 08:44 AM
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#300
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Registered User
Join Date: Nov 2007
Location: Houston, TX
Posts: 1,524
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I've got to admit that the TRC has done a great job of turning this into an emergency.
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