Sports
Horse-Racing Channel Ready at Gate for Legal U.S. Sports Betting
- Paddy Power sees TVG as entry point for wagering on games
- Supreme Court weighs N.J. challenge of law banning sports bets
Kip Levin’s landlord is trying to take back some of the vacant offices his company rents in Los Angeles. But the head of the largest U.S. horse-racing TV network wants to keep his options open in case the Supreme Court legalizes sports betting nationwide.
Levin, chief executive officer for U.S. operations of Paddy Power Betfair Plc, runs the TVG network and plans to build another studio in the building, this time for a TV channel devoted to betting on football, basketball, baseball, hockey and soccer.