Ticker
  • Miss Serendipity rolls late in the Yellow Ribbon! Posted 1 day ago
  • Protonico surges late to win the Smarty Jones! Posted 1 day ago
  • It's all Competitive Edge in the Hopeful!Posted 1 day ago
  • Midnight Storm romps in the Del Mar Derby! Posted 2 days ago
  • Condo Commando romps home in the Spinaway! Posted 2 days ago
  • Irish Mission powers home late to win the Glens Falls!Posted 2 days ago
  • Sunset Glow drives to victory in the Del Mar Debutante! Posted 3 days ago
  • Itsmyluckyday guts out a thrilling win over Moreno in the Woodward! Posted 3 days ago
  • Palace romps home an easy Forego winner! Posted 3 days ago
  • Stonetastic runs them off their feet in the Prioress! Posted 3 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