- I wrote the other day about TVG's agreement with the New Jersey Sports and Exposition Authority (Monmouth and Meadowlands), based on a story on Bloodhorse.com which reported that the deal was "exclusive" with respect to television and wagering rights. However, Matt Hegarty reported the next day in the Form that the agreement allows the NJSEA to sell wagering rights to other companies.
"It's really the best of both worlds," [a NJSEA spokesperson] said. "TVG has the most widely distributed television network, and we get to take advantage of that, and we still get access to the other account-wagering companies." [DRF]This arrangement is similar, though not identical, to the one currently in place in California which allows the ADW's to take wagers from any of the state's tracks regardless of which network their broadcasts are exclusive to.
Bloodhorse.com subsequently changed their story, but quoted TVG's original release which stated that it had “renewed its exclusive television distribution and account wagering rights agreement” with NJSEA. That statement was just not true. When pressed for an explanation of the language in the release, TVG's David Nathanson issued the following statement to The Blood-Horse: “We are pleased that the NJSEA chose to extend our existing agreement.” Nathanson may have the same PR coach as the Knicks' Isiah Thomas.
The agreement however does not permit NJSEA to sell wagering rights to all ADW's, but Magna/Churchill's TrackNet Media is on the list, and a deal is said to be in the works.