{"id":199,"date":"2024-06-18T03:40:42","date_gmt":"2024-06-18T00:40:42","guid":{"rendered":"https:\/\/trueffortunecasinonodepositbonus.icu\/2024\/06\/18\/cdi-and-nyra-join-forces-to-revolutionize-horse-racing-wagering\/"},"modified":"2024-06-20T17:14:40","modified_gmt":"2024-06-20T14:14:40","slug":"cdi-and-nyra-join-forces-to-revolutionize-horse-racing-wagering","status":"publish","type":"post","link":"https:\/\/trueffortunecasinonodepositbonus.icu\/2024\/06\/18\/cdi-and-nyra-join-forces-to-revolutionize-horse-racing-wagering\/","title":{"rendered":"CDI and NYRA Join Forces to Revolutionize Horse Racing Wagering"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/04NojSy1dFc\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Churchill Downs Incorporated (CDI) and the New York Racing Association (NYRA) are embarking on a transformative collaboration. CDI is divesting a 49% ownership interest in its United Tote subsidiary to NYRA Content Management Solutions, a division of NYRA. This strategic partnership seeks to reshape the horse racing landscape by integrating it into the sports wagering realm. <\/p>\n<p>Although CDI will maintain control of United Tote&#8217;s pari-mutuel settlement operations, the joint effort will capitalize on the strengths of both entities. NYRA, a not-for-profit entity overseeing the esteemed Aqueduct Racetrack, Belmont Park, and Saratoga Race Course, will transition its pari-mutuel betting activities to the United Tote system in 2023. <\/p>\n<p>This shift is projected to engage a new demographic of enthusiasts by delivering a streamlined and comprehensive wagering platform. Both CDI and NYRA are dedicated to developing best-in-class solutions via United Tote, ushering in a modernized era for horse racing. <\/p>\n<p>The transaction, anticipated to finalize by late 2022, aligns with CDI Chief Executive Officer Bill Carstanjen&#8217;s outlook for the company&#8217;s trajectory, as articulated in their latest earnings report. This alliance represents a significant stride towards modernizing the sport and broadening its appeal within the dynamic sports betting market. <\/p>\n<p>Hes certain that wagering on equines will be accessible shortly on sports gambling sites nationwide, reaching all punters in the U.S., the piece claimed. This follows a collaboration earlier this year between industry giant Caesars Sportsbook and NYRA Bets, the New York Racing Association&#8217;s official betting platform. They introduced a novel application dubbed &#8220;Racebook,&#8221; which premiered in Florida and Oregon at the beginning of June. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Churchill Downs Incorporated (CDI) and the New York Racing Association (NYRA) are embarking on a&#8230;<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Horse Racing Reinvented: CDI &amp; NYRA Join Forces<\/title>\n<meta name=\"description\" content=\"Churchill Downs and the New York Racing Association are teaming up to revolutionize the sport! This exciting partnership aims to bring horse racing into the world of sports wagering. 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