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National Horsemen’s Charitable & Protective Organization CEO Eric Hamelback said tracks may expect some cannibalization but that the producing expansion of equine racing betting would likely cover any losses and then some. New” “Jersey passed legislation in 2021 allowing race tracks to offer fixed-odds wagers in their races. Under LGCC rules, The state of colorado sportsbooks that would like to offer fixed-odds betting must get to agreements with horsemen’s associations, state racing commissions, and host tracks.

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Colorado and New Jersey are the only real states that include legalized fixed-odds auto racing wagers. In both states, licensed sportsbooks may contract along with race tracks in order to offer fixed-odds betting on horse competitions held at their particular tracks. The Mostbet fixed-odds horse racing betting platform relies on SIS (Sports Information Services) technology to deliver reside video and chances from more compared to 140 racetracks to Colorado bettors. Additionally, Mostbet plans to introduce fixed-odds equine racing betting throughout New Jersey sometime soon through the agreement with business-to-business odds supplier BetMakers.

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