Ticker
  • The Great War is off the Derby trail following poor finish in the BattagliaPosted 1 day ago
  •  Royal Son scores in the John Battaglia Memorial.Posted 2 days ago
  • Stellar Wind an impressive winner of the Santa Ysabel. Posted 2 days ago
  • Far Right shoots up the rail again to score in the Southwest Stakes. Posted 8 days ago
  • Khozan demolishes a Gulfstream Park allowance field to remain perfect in two starts. Posted 8 days ago
  • No beating North Slope as he returns to dirt a winner in the Evening Attire. Posted 8 days ago
  •  International Star scrapes the paint to win the Risen Star.Posted 9 days ago
  • I'm A Chatterbox speaks loud and clear in the Rachel Alexandra. Posted 9 days ago
  • Itsaknockout wins the Fountain of Youth on the DQ of Upstart. Posted 9 days ago
  •  Chocolate Ride sneaks away in the Fair Grounds Handicap.Posted 9 days ago

Exchange Wagering Approved by CHRB

California Nov. 15 moved a step closer toward becoming the first United States racing jurisdiction to offer exchange wagering.

The California Horse Racing Board unanimously approved the betting platform that allows individual players to buy and sell, "back" or "lay" wagers. CHRB staff members suggested they would not anticipate exchange wagering to be available for California residents until the second half of 2013.

In 2010 California lawmakers allowed for such wagers, and in August 2011 the CHRB published notice of its intent to promulgate exchange wagering rules. On Nov. 15 the board approved rules that would allow exchange wagers by state residents on California horse races.

Rules also could allow out-of-state residents, who live in states where it is determined to be legal, to wager on California races.



  Read More

 

comments powered by Disqus

Top Stories