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Mike Clement has been appointed Chief Executive of the new independent Racing Integrity Board which will oversee the racing industry from 1 July 2021. “The Board is delighted to have been able to secure a leader of Mike’s standing, experience . ....
Wagering Insecurity: The Rise Of Grey Betting Markets Sponsored by: Jim “Mattress Mack” McIngvale made it clear how important it was, for him and the overall racing industry, to place his massive Kentucky Derby bet on-track at Churchill Downs. He told the Thoroughbred Daily News: “It s crazy that some people in the horse racing business bet with a bookie or go offshore to a place like Costa Rica. They re not supporting racing.” While there are plenty of legal arrangements for betting on U.S. racing, be it through any ADW account, at the track, an OTB outlet, or even for those abroad betting through licensed bookmakers who have agreements in place with U.S. tracks, there are many illicit operators which seek to skirt the law and share no revenue with horsemen or track operators. ....
Wagering Insecurity: Tote Monitoring In Racing Falling Behind To Bingo Sponsored by: This is Part 5 of the Thoroughbred Idea Foundation s (TIF) series “Wagering Insecurity.” Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads. Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity, along with increased transparency of the wagering business and its participants over time. Achieving this is growing increasingly difficult after the sport has neglected its core base – horseplayers – for decades. ....
Wagering Insecurity: Organized Oversight Has Failed Sponsored by: cyber security concept, data protection and secured internet access, cybersecurity This is Part 4 of the Thoroughbred Idea Foundation s (TIF) series “Wagering Insecurity.” Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads. Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity, along with increased transparency of the wagering business and its participants over time. Achieving this is growing increasingly difficult after the sport has neglected its core base – horseplayers – for decades. ....