Opponents of gambling are targeting legislation that would allow bets on horses to lose. Gambling opponents vowed Thursday to lobby Gov. Arnold Schwarzenegger to veto a bill to revive the state's slumping horse racing industry and allow betting on horses to lose starting in 2012.
It would allow 'exchange wagering' — bets for and against horses, with odds set by the bettors. It would also try to attract the annual Breeders' Cup championship to the state. Legislation to revive the lagging horse-racing industry has taken a controversial turn with a last-minute proposal to make California the first state in the nation to let race fans bet that a horse will lose.
With fewer fans wagering less money at too many racetracks, U.S. thoroughbred horse racing is galloping toward a reckoning.
After gaining reputation as the casino capital of India, Goa is now 'taking bets' on becoming a horse racing destination, according to a top tourism official.
Harry Findlay, joint owner of 2008 Cheltenham Gold Cup winner Denman, has been banned for six months for laying bets on another of his horses, Gullible Gordon, in races at Exeter and Chepstow.
PARIS, FRANCE: France's parliament passed a bill on Tuesday to end a state monopoly on online gambling and allow privately owned websites to offer bets on poker, soccer and horse racing.
