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Casino News:

  Blackout of horse-race betting prevented through a contract

Nevada Gaming Commission has been successful in preventing blackout of horse-race betting trade worth $59.5 million in the state, which would otherwise have already hit the industry probably on Friday. The blackout was susceptible due to disagreement between 83 race books in the state over a new deal with Las Vegas Dissemination Co.

The details on races are circulated across the country in exchange of some charges by the company. It also organizes to incorporate money staked in Nevada in the collection for every race at each track. The gamblers stake in opposition to each other on the upshots of races with the tracks and sports books in the staking, thereby captivating a score of the dollars put on ante.


   2012-09-05






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