TVG Network

Last updated
TVG Network
TVG logo.svg
Country United States
Broadcast areaNationwide
Headquarters Hillsboro, Oregon
Programming
Language(s) English
Picture format 720p (HDTV)
480i (SDTV)
Ownership
Owner FanDuel Group
Sister channels TVG2
History
LaunchedJuly 14, 1999 (1999-07-14)
Links
Website www.tvg.com OOjs UI icon edit-ltr-progressive.svg

TVG Network ("TVG" being an initialism for its official name Television Games Network) is an online horse and greyhound racing betting business and American sports-oriented digital cable and satellite television network owned by FanDuel Group, the U.S. subsidiary of Irish bookmaker Flutter Entertainment. [1]

Contents

Dedicated to horse racing and greyhound racing, in New Jersey it operates the 4NJBets platform on behalf of the state of New Jersey and its racing industry. [2] Since the 2018 acquisition of FanDuel by Flutter (then Paddy Power Betfair) and conversion of the daily fantasy sports provider into its main U.S. subsidiary, the channel has also increasingly included studio programming covering mainstream sports from the perspective of sports betting. Beginning in September 2022, the network will be relaunched as FanDuel TV, as part of a further pivot to sports betting-related programing outside of horse racing. [3]

History

The channel was launched on July 14, 1999, and was founded as a joint-venture of TV Guide Inc. (which at the time was owned by both Liberty Media and News Corp.), National Thoroughbred Racing Association, and AT&T Broadband. [4]

In May 2006, TVG introduced several new programs to its schedule including Morning Line, Fandicapping, :58 Flat, Lady Luck (an all female panel discussion program focusing on the day's races) and Drive Time (which covered exclusive racing from the Meadowlands). TVG places microphones on select jockeys, owners, trainers, and the starting crew.

The channel formerly operated a fictional betting site, TVGfree.net, which allowed it to have a presence in the fifteen states which prohibit televised and off track betting, operating similarly to poker sites which use the .net domain to differentiate their fictional betting sites from the .com sites which allow real gambling. The site was discontinued at the start of 2012 due to a site upgrade, and currently redirects to TVG.com.

In the end of February 2007, TVG ended its longtime affiliation with Churchill Downs Incorporated. On May 2, 2008, Gemstar-TV Guide was acquired by Macrovision (now TiVo Corporation) for $2.8 billion.

Macrovision, which purchased Gemstar-TV Guide mostly to boost the value of its lucrative VCR Plus+ and electronic program guide patents, later stated that it was considering a sale of TVG, TV Guide Network and the TV Guide print edition's namesake to other parties.

In the end of 2008, Macrovision sold TVG to British bookmaker Betfair for $50 million in cash consideration. The deal was consummated on January 27, 2009, separating the channel from the company which acquired its founding owner in 2007. [5] In February 2015, Betfair acquired TVG's sole competitor, HRTV, and began to consolidate it into TVG's facilities. The network was re branded as a sister network, TVG2, in October 2015. [6] [7] [8]

In July 2018, the network announced that it was developing studio programs dedicated to sports betting; the U.S. Supreme Court had recently struck down the Professional and Amateur Sports Protection Act of 1992 , thus making it legal for states outside of Delaware, Oregon, Montana, and Nevada to allow sports betting, and Paddy Power Betfair had recently acquired the daily fantasy sports service FanDuel with an intent to use it as its main U.S. subsidiary. On September 9, 2018, coinciding with the 2018 NFL season, TVG Network premiered the new Sunday morning programs The Barstool Sports Advisors and More Ways to Win. [9] [10]

The network saw an increase in prominence during the COVID-19 pandemic, as the shutdown of nearly all other live sports prompted increased interest in horse racing and off-track betting from tracks that remain active; the limited tracks available resulted in greater prominence given to smaller tracks and meets such as Nebraska's Fonner Park and Oklahoma's Will Rogers Downs, and the network's personalities made efforts to accommodate new viewers and explain the technical terminology associated with horse racing and wagers. TVG also reached an agreement with the mainstream sports channel NBCSN (which reaches at least 80 million homes, as opposed to TVG's 45 million) to simulcast a block of Trackside Live on Friday, Saturday, and Sunday afternoons. [11]

As FanDuel TV

In July 2022, it was reported that FanDuel was considering a relaunch of TVG Network as FanDuel TV as early as September 2022, building upon More Ways to Win by adding a morning block of sports talk shows, as well as sports news segments interspersed throughout its live racing block. Such a service would compete primarily against VSiN, which was recently acquired by FanDuel's main U.S. competitor DraftKings. [12] [13] [14]

FanDuel officially announced the planned relaunch on August 25, 2022, which will include a live, weekday program featuring former NFL Network host Kay Adams, shows developed by Pat McAfee's PMI Network, and a content deal with The Ringer . The network will also expand its live sports programming into international basketball via an agreement with Sportradar, adding coverage of Germany's Basketball Bundesliga, the Chinese Basketball Association, Australia's National Basketball League, and the LNB in France. [3] [15] [16]

Wagering services

TVG offers wagering services to residents of Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Montana, New Hampshire, New Jersey (under 4NJBets), New Mexico, New York, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Dakota, Vermont, Virginia, Washington, West Virginia and Wyoming. [17] TVG account holders are able to wager online at TVG.com, or by landline or mobile phone.

Programming

TVG covers over one hundred tracks, with exclusive coverage of several tracks, including North American tracks such as Woodbine Race Course, Keeneland Race Course, Del Mar Racetrack, Meadowlands, and Monmouth Park. The network also broadcasts races from various tracks in Argentina, Australia, Austria, Denmark, Finland, France, Germany, Hong Kong, India, Ireland, Japan, Norway, New Zealand, Saudi Arabia, Singapore, South Africa, South Korea, Sweden, United Arab Emirates, United Kingdom

TVG coverage includes events, such as the Travers Stakes, Haskell Invitational, Pacific Classic, Hollywood Gold Cup, Blue Grass Stakes, Wood Memorial, Melbourne Cup, Japan Cup and the All American Futurity.

Current programming

On Air Talent

Commentators

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References

  1. "Betfair US/TVG's Levin Sees 'Positive Early Indicators' In Exchange Wagering Launch In New Jersey – Horse Racing News | Paulick Report". www.paulickreport.com. September 2016. Retrieved 2017-06-28.
  2. "4NJBets Rolls Out New Website March 1 – Horse Racing News | Paulick Report". www.paulickreport.com. March 2013. Retrieved 2017-06-28.
  3. 1 2 Steinberg, Brian (25 August 2022). "FanDuel Readies Launch of Cable Network Focused on Sports Betting". Variety . Retrieved 26 August 2022.
  4. "THIS NETWORK BETTING IT CAN REIN IN HORSEPLAYERS". Chicago Tribune. October 20, 1999. Retrieved 27 July 2022.
  5. "All Articles - BloodHorse.com". bloodhorse.com. Archived from the original on 12 February 2009. Retrieved 18 April 2015.
  6. "TVG Makes Changes, Rebrands HRTV as TVG2". Blood-Horse. Retrieved 31 October 2015.
  7. "TVG re-brands HRTV, promises more live racing". Courier-Journal. Retrieved 31 October 2015.
  8. Mitchell, Ron (February 18, 2015). "TVG Acquiring HRTV; Operations to Merge". Blood-Horse. Retrieved February 18, 2015.
  9. 1 2 3 "TVG/FanDuel launch two new gambling shows, More Ways to Win and The Barstool Sports Advisors". Awful Announcing. 2018-09-07. Retrieved 2018-09-08.
  10. "FanDuel Plans Sports-Gambling TV Shows as Betting Parlors Open". Bloomberg.com. Retrieved 2018-07-31.
  11. "Minnesota-fed horse racing network seizes moment almost all its own". Star Tribune. Retrieved 2020-05-24.
  12. "FanDuel Plans To Turn TVG Into 24/7 Sports Betting Network Featuring Kay Adams | Barrett Media". 2022-07-22. Retrieved 2022-08-02.
  13. "FanDuel To Create 24/7 Betting Network With Rebranded TVG Channel". www.legalsportsreport.com. Retrieved 2022-08-02.
  14. "SBJ Betting: Do June handle figures show a trend?". www.sportsbusinessjournal.com. Retrieved 2022-08-25.
  15. "TVG Network To Be Rebranded As FanDuel TV". Paulick Report. 25 August 2022. Retrieved 25 August 2022.
  16. Bucholtz, Andrew (2022-08-25). "FanDuel announces rebrand of TVG to FanDuel TV". Awful Announcing. Retrieved 2022-08-27.
  17. "Residency Requirements & Age Restrictions". TVG. Retrieved 2021-05-14.