NYRAbets Approved to Join Michigan Horse Race Betting Market

By Bill Ordine @wordine

Michigan horse players have another option for following and betting on the ponies as the New York Racing Association’s online arm, known as NYRAbets, has been granted a provisional license to operate in Michigan.

The wagering process will be familiar to Michigan horse racing fans with customers making advance deposits to an account so they can wager on pari-mutuel horse races, both live and simulcast. NYRAbets will operate in Michigan under an order issued Oct. 15 by Michigan Gaming Control Board Executive Director Henry Williams.

NYRABets joins other major online horse racing wagering operations already in Michigan, including Xpress Bet (The Stronach Group), TVG Network and TwinSpires/Churchill Downs, all of whom reached third-party facilitator agreements with Northville Downs, currently Michigan’s only licensed racetrack. Such an agreement is necessary in Michigan, and NYRAbets has filed an application for its third-party facilitator license.

“Michigan horse racing fans now have another option for using mobile wagering to place bets from anywhere in the state on horse races,” MGCB’s Williams said in a news release.

The New York Racing Association, parent of NYRAbets, operates the three largest thoroughbred horse racing tracks in New York State — Aqueduct Racetrack, Belmont Park, home of the Belmont Stakes, and Saratoga Race Course.

In Michigan gambling, horse racing wagering companies now can operate as a result of a recent amendment to the state’s Horse Racing Law of 1995. That change allows a race meeting licensee (such as the NYRA) to use contracted third-party firms (known as a third-party facilitator) to offer the betting on races.


Mobile Horse Racing Betting

The Michigan Gaming Control Board approved mobile wagering on horse races in June 2023. The NYRAbets license is valid until Dec. 31, 2022, unless NYRAbets fails to maintain its contract or other regulatory changes occur.

Adding the NYRA online subsidiary to its suite of online gambling offerings enhances Michigan’s standing as one of the most progressive states in the country when it comes to online betting.

Michigan online casino play, often called iGaming, online/mobile sports wagering and internet poker are offered in the state. That’s in addition to the opportunities residents have to enjoy Michigan land-based casinos (where there are retail sportsbooks) and an array of lottery games.

 
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Bill Ordine
Bill Ordine was a reporter and editor in news and sports for the Philadelphia Inquirer and Baltimore Sun for 25 years, and was a lead reporter on a team that was a finalist for the Pulitzer Prize in Breaking News. Bill started reporting on casinos and gaming shortly after Atlantic City’s first gambling halls opened and wrote a syndicated column on travel to casino destinations for 10 years. He covered the World Series of Poker for a decade and his articles on gaming have appeared in many major U.S. newspapers, such as the Los Angeles Times, Chicago Tribune, Miami Herald and others.
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Bill Ordine was a reporter and editor in news and sports for the Philadelphia Inquirer and Baltimore Sun for 25 years, and was a lead reporter on a team that was a finalist for the Pulitzer Prize in Breaking News. Bill started reporting on casinos and gaming shortly after Atlantic City’s first gambling halls opened and wrote a syndicated column on travel to casino destinations for 10 years. He covered the World Series of Poker for a decade and his articles on gaming have appeared in many major U.S. newspapers, such as the Los Angeles Times, Chicago Tribune, Miami Herald and others.
... Read More