The Washington Horse Racing Commission approved the renewal of TwinSpires' advanced‑deposit wagering (ADW) license for the period April 12, 2026, through April 11, 2027, following a staff presentation on the company's operations and recent legal developments.
Executive Secretary Amanda Benton told commissioners the packet included a five‑year history of wagers and source market fees and that TwinSpires reported $24,152,451.82 in calendar‑year 2025 wagers and a $1,486,818.80 source market fee. Benton also noted TwinSpires maintains a $50,000 bond with Travelers Casualty and Surety Company of America that automatically renews each year.
Benton summarized recent litigation involving Churchill Downs Technology: a federal court in Michigan entered injunctive relief that, in the district court’s view, precluded Michigan from enforcing certain licensure requirements against Churchill Downs for out‑of‑state wagering; she also noted a stipulated administrative penalty of $5,000 paid to the Iowa Racing and Gaming Commission for a self‑exclusion misconfiguration and that TwinSpires has updated its processes.
Andrew Silver, introduced on the record as TwinSpires’ representative, thanked the commission and offered to provide state‑specific follow‑up on newly offered handicapping contests in Washington. He said, “happy to answer any questions,” and asked staff if they wanted additional Washington‑specific participation figures.
After brief commissioner questions and no further objections, a motion to approve the renewal was made, seconded and carried by voice vote. The commission directed staff to issue the signed order to TwinSpires as proof of licensure.
Why it matters: TwinSpires is among the larger ADW platforms operating in Washington; staff figures presented to the commission show wagering and source‑market fee revenue remain material to the commission’s operating account, and legal rulings outside Washington can affect operators’ ability to accept wagers across state lines.