At a time with no scarcity of authorized points for racing, the three-day Racing and Gaming Convention at Saratoga will open Monday, Aug. 12.
The well timed racing-involved matters scheduled to be mentioned embody the continuing litigation involving the Horseracing Integrity and Security Authority whereas additionally relating matters about how the game is regulated or officiated. One panel will focus on if the game wants extra communication between its stewards and followers to maintain up with tendencies in different sports activities.
A number of of the panels promise to dig deeper into some attention-grabbing matters. For example, the HISA panel that will get issues began Monday additionally will take a look at if the game can count on some financial savings on the regulatory aspect as HISA takes over some regulatory duties from states. The panel of 4 government administrators from outstanding state regulators—California, Florida, New York, and Texas—are scheduled to debate any modifications they’ve made.
“Have the state regulators downsized? Have they laid off workers, reduce their budgets, or decreased their tithe on the business? Regulators from throughout the nation will focus on how they’re adapting to the brand new HISA world order,” reads the subject description.
Different racing-related matters scheduled for the convention embody on Tuesday a take a look at a number of the sport’s success tales, together with the brand new Belmont Park being constructed in New York, the success of historic horse racing in Kentucky, and promising plans in Maryland. That panel is scheduled to incorporate New York Racing Affiliation CEO and president David O’Rourke in addition to Thoroughbred Horsemen’s Affiliation CEO and chairman Alan Foreman.
On Wednesday the convention will take a look at pari-mutuel wagering points, particularly tied to worldwide swimming pools, and a second panel will look at how horse racing suits within the rising sports activities wagering market.
That latter panel will focus on if horse racing can discover a seat on the sports activities wagering desk. The outline notes that, “Horseplayers and, extra importantly, business executives view wagering on horse racing as the unique and supreme in sports activities betting. Alternatively, many sports activities bettors and sports activities wagering executives view betting on horse racing as one thing to do when “actual” sports activities will not be being supplied. In different phrases, content material filler, falling someplace between volleyball and cricket. All of this performs out in negotiations over value and integration. Are racetracks overvaluing their product or are sportsbooks undervaluing horse racing? Will the horse racing business ever settle for a distinct segment participant position on a a lot bigger platform or is the longer term a extra finely tuned and extra aggressive horse-racing-only platform? Sportsbook operators will share their perception.”
Patrick Brown, co-founder of the Racing and Gaming Convention, will present some opening remarks to start the convention at 2 p.m. ET Monday on the Saratoga Springs, N.Y., Hilton. Jason Werth, a former main league all-star and a co-owner of Belmont Stakes (G1) winner Dornoch , will ship the occasion’s keynote speech Tuesday.
