Tom Amoss Favors Exchange Wagering

There haven't been a lot of new developments with regard to exchange wagering in the U.S. during the past few weeks, but I thought this piece of a recent Bloodhorse article was interesting:

Amoss said he would like to see more U.S. racing jurisdictions adopt policies that permit exchange wagering that is so popular in Europe. He cited the growth of Betfair and its progressive wagering systems as an example of an approach the industry could take to be more attractive to bettors.

Click here for the full article. Trainer Tom Amoss is among those who see exchange wagering as a potential 'fix' for the struggles of the thoroughbred racing industry.

Need For Regulation Of Exchange Wagering

Claire Novack wrote a really good article discussing the need for regulation of exchange wagering in the U.S. Essentially, because you can bet on a horse losing a race with exchange wagering, it creates another opportunity for those involved in racing to cheat. The article also gets into some discussion about the very valid concerns about those currently invested in parimutuel betting that some of exchange wagering's growth in the U.S. will come at the expense of their business: http://www.bloodhorse.com/horse-racing/articles/62115/rci-exchange-wagering-takes-center-stage.

Exchange Wagering Giant Betfair Not Part of Final Monmouth Park Bidding

I was a bit surprised to see that Betfair wasn't part of the final bidding to operate Monmouth Park under a lease for the upcoming season. They're certainly a lot better informed than I am, so I suppose that this must indicate that they don't believe that being the winning bidder would substantially increase their chances of operating exchange wagering in New Jersey. Here's an article with more information on the final three bidders.