“The stands are empty, the competition is vicious, the typical fan is old and gray, the media seems to have forgotten that the sport exists.” That was the lead sentence of an article about horse racing written by Bill Finley. The artcile appeared in the New York Daily News on February 4, 1996. It is now more than thirteen years later and not much has changed. During that thirteen years, gambling as a whole has enjoyed explosive growth. Thirty-eight states now have casinos. New casinos are



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