Horse racing contest site DerbyWars.com announced June 30 it reached partnership agreements with several tracks and racing associations that will allow the site to use those racing signals as part of its handicapping contests.
The agreement comes just over two weeks after Derby Wars owner Horse Racing Labs agreed to pay The Stronach Group at least $500,000 to resolve a lawsuit brought against the contest site, which had used signals from Stronach-owned tracks without permission or compensation.
On Friday Derby Wars said partnership agreements were reached with New York Racing Association, Monmouth Park, Meadowlands, Ellis Park, Kentucky Downs, Louisiana Downs, and Fairmount Park. The agreements include revenue-sharing with the tracks and horsemen for use of their races in contests at DerbyWars.com, as well as video and data sharing opportunities to enhance customer experience.
“Our mission is to be an innovator in horse racing and establishing these additional track partnerships will help us continue to introduce new players to racing, re-engage others, and ultimately grow the sport,” said Derby Wars founder Mark Midland. “We continue to see tremendous growth opportunities for the sport through contests and we’re thrilled to be working with more tracks going forward.”
Derby Wars had previous revenue-sharing agreements with Thoroughbred tracks Hawthorne Race Course, Kentucky Downs, and Sam Houston Race Park. Midland said Derby Wars was the first site to establish such revenue-sharing agreements three years ago.
