|November 4, 2002
Contact: Eric Wing (212) 907-9283
Chip Tuttle (781) 246-9300
INITIAL STEPS TAKEN BY THE NTRA WAGERING TECHNOLOGY WORKING GROUP
The NTRA Wagering Technology Working Group had its first formal meeting Monday and took the following initial steps:
1. reviewed initial findings on past history and best practices from other industries (e.g., banking) with similar issues relating to information systems security;
2. reviewed the credentials of an independent technical audit firm with specialized experience in ongoing testing of information security systems and recommended the recruitment of such a firm (it is anticipated that this firm will be retained and announced shortly, following approval of the expenditures involved by the NTRA Board of Directors);
3. approved initial appointments to Working Group “Task Forces” (Legal, Technical, Communications) and heard reports on the work of these groups to date, along with suggestions for next steps, including additional outreach to regular customers, additional questions to be asked of the industry totalisator companies, etc.;
4. reviewed the available facts concerning the investigation into the Breeders’ Cup Pick Six by the New York State Racing and Wagering Board and related matters;
5. reviewed the tote systems security measures presently being taken or considered by the Churchill Downs – Magna Entertainment – New York Racing Association group and the current field study in this area by the Thoroughbred Racing Protective Bureau;
6. discussed the input already received from customers, fans and industry constituents; identified a “short list” of potential interim steps to be reviewed immediately with industry and tote representatives; and
7. approved a policy of regular and various updates to the industry and the public, coordinated by the Working Group and its Communications Task Force.
“The incidents now under investigation represent a wakeup call to which our industry is responding vigorously. We are committed to identifying and implementing all reforms necessary to assure the integrity of racing’s wagering systems,” said NTRA Commissioner Tim Smith following the Working Group’s two-and-a-half-hour first meeting. “The Wagering Technology Working Group established by the NTRA is a vital part of this effort. It will move forward aggressively and operate in a manner designed to assure our customers that the pari-mutuel system is protected from abuse.”
The Working Group’s next meeting has been scheduled for this Thursday, November 7.
NTRA WAGERING TECHNOLOGY TASK FORCES
COMMUNICATIONS TASK FORCE
LEGAL TASK FORCE
TECHNOLOGY TASK FORCE
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