Daily Racing Form Receives Approval for ADW Hub License from Ore - KCTV5

Daily Racing Form Receives Approval for ADW Hub License from Oregon Racing Commission

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SOURCE Sports Information Group, LLC

NEW YORK, Jan. 2, 2018 /PRNewswire/ -- Sports Information Group, LLC ("SIG"), a national multi-media information company dedicated to providing premium data driven content to the sports industry through its flagship Daily Racing Form ("DRF") platform and other brands, today announced that the Oregon Racing Commission has approved DRF for a five-year multi-jurisdictional Advance-Deposit Wagering (ADW) Hub License.

Daily Racing Form has been the dominant daily publication in the horse racing industry since 1894 and is considered the go-to resource for the thoroughbred racing industry. Daily Racing Form publishes up to 2,000 unique pages of statistical and editorial copy every day, in as many as 20 daily editions, 364 days a year. Its companion website, www.DRF.com, is the most heavily-trafficked horse racing destination, providing extensive news coverage, race results, exclusive handicapping tools, as well as sales and auction coverage through DRF Breeding, and access to DRF Bets™, one of America's fastest-growing online and mobile advanced deposit wagering platforms. Daily Racing Form was acquired by Z Capital in July 2017.

"We are delighted that the Oregon Racing Commission has granted DRF an ADW Hub License," said James Zenni, Chairman of SIG and President and CEO of Z Capital. "DRF is an iconic brand and with this license as well as Z Capital's support, DRF is strongly positioned to continue elevating the horse racing industry for a variety of audiences, providing a best-in-class experience for dedicated handicappers and casual players as well as a new generation of horse racing fans. This license further positions DRF for success in the digital age of horse racing - the future of wagering in America."

"We appreciate the care and attention DRF has received from the Oregon Racing Commission and its staff in approving DRF for this license," said Martin Auerbach, Z Capital's General Counsel. "This represents an important step in solidifying DRF as an industry-leading contributor to the future of horse racing and will allow DRF to work with regulators, trainers, track owners and others, to offer race fans the best possible handicapping and wagering experience."

The Oregon Racing Commission was established in 1933 as part of the Pari-Mutuel Wagering Act. The agency regulates all aspects of the pari-mutuel industry in Oregon. The commission currently regulates all horse racing where pari-mutuel wagering is conducted. Regulation occurs both on track and at off-track wagering facilities and covers all aspects of the operation.

About Sports Information Group

Sports Information Group, LLC is a national, multi-media information company dedicated to providing premium data driven content and in-depth editorial coverage to horse racing enthusiasts in North America.  The Company's flagship brand, Daily Racing Form is "America's Turf Authority since 1894" for horse racing enthusiasts and professionals throughout North America.  Launched in 1894, Daily Racing Form is the only daily newspaper in the U.S. dedicated solely to the coverage of a single sport.  Its companion website, www.DRF.com is the most heavily-trafficked horseracing destination, providing players with the most extensive news coverage in horse racing, interactive past performances, exclusive handicapping tools, and access to DRF Bets™, one of America's fastest growing online and mobile wagering platform. Additionally, Daily Racing Form publishes DRF Harness Eye, the daily newspaper and digital content for standardbred racing since 1964, offering news, handicapping products, and online wagering functionality specifically for harness players. In 2012, Daily Racing Form introduced DRF Breeding, a business dedicated to serving the breeding industry, bringing expanded coverage and tools to horseplayer and breeding enthusiasts alike.  For more information, please visit www.DRF.com.

About Z Capital Partners

Z Capital Partners, L.L.C. is the private equity management arm of Z Capital Group, L.L.C. Z Capital Group, L.L.C. ("Z Capital") is a leading alternative asset management firm with approximately $2.3 billion of regulatory assets under management across complementary private equity and credit businesses. For over two decades, the Partners of Z Capital have worked exclusively to realize significant capital appreciation by making controlling equity investments in companies across a diverse array of industries, including basic materials, branded consumer, automotive parts, capital equipment and general manufacturing.

Z Capital creates value for its investors by working constructively with management teams to generate investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies. The Z Capital Funds' portfolio companies have aggregate annual revenues of approximately $1.3 billion, sell products in 57 countries, and have over 11,000 employees and an excess of 200,000 associates, directly and through joint ventures worldwide. The Z Capital investment strategy and portfolio companies are described at www.zcapgroup.net.   

Joele Frank, Wilkinson Brimmer Katcher
Jonathan Keehner / Julie Oakes / Tim Ragones


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