"Executives from the Del Mar Thoroughbred Club, Keeneland Association, New York Racing Association, and Oak Tree Racing Association met in late September in Lexington to discuss the launch of an advance-deposit wagering (ADW) site. The initial concept is the site would return a higher percentage of money from handle to tracks and horsemen, in the form of purses; and possibly to players, in the form of rebates; by eliminating the percentage of handle that other ADWs currently retain."