exchange wagering

In the wake of last week's news that Betfair intends to pull the plug on its exchange wagering platform in New Jersey on Oct. 1, Dennis Drazin, the chairman and chief executive of Darby Development LLC, which operates Monmouth Park, told the New Jersey Racing Commission Sept. 16 that his track is actively seeking another partner to continue the bettor-versus-bettor style of wager-matching that is popular in other parts of the world but hasn't quite caught on in America. "Although they want out of business, we do not," Drazin said....