Wagering Insecurity

This is Part 12 of the Thoroughbred Idea Foundation's (TIF) series "Wagering Insecurity." Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads. Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity. Achieving this is growing increasingly difficult after the sport has neglected its core base--horseplayers--for decades. "Wagering Insecurity" details some of that neglect,...

The following is the 11th of a 12-part series on wagering insecurity in American racing from the think tank the Thoroughbred Idea Foundation.  A growing firm in the sports integrity business approached a major racing operator in 2017. "They told us better integrity does not help us bring in more customers and their main focus right now is on growing the customer base." The reality is different in almost every other major racing jurisdiction. Integrity oversight is a necessity to ensure acceptance and participation. Customer and stakeholder confidence is paramount....

This is Part 9 of the Thoroughbred Idea Foundation's (TIF) series "Wagering Insecurity." Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads. Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity. Achieving this is growing increasingly difficult after the sport has neglected its core base--horseplayers--for decades. "Wagering Insecurity" details some of that neglect,...

This is Part 8 of the Thoroughbred Idea Foundation's (TIF) series "Wagering Insecurity." Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads. Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity. Achieving this is growing increasingly difficult after the sport has neglected its core base--horseplayers--for decades. "Wagering Insecurity" details some of that neglect,...

This is Part 6 of the Thoroughbred Idea Foundation's (TIF) series "Wagering Insecurity." Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads. Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity. Achieving this is growing increasingly difficult after the sport has neglected its core base--horseplayers--for decades. "Wagering Insecurity" details some of that neglect,...

This is Part 5 of the Thoroughbred Idea Foundation's (TIF) series "Wagering Insecurity." After five years of contemplating possible actions to improve wagering security, nothing of significance materialized. A December 2008 conference session in Arizona served as a perfect synopsis of the failure. One member of the panel, Kevin Mullally of Gaming Laboratories International, said: "I came here...to learn a little bit more about why the racing industry had managed to be the only component of the gaming industry that had not implemented any serious oversight to its technology." Reached...

This is Part 4 of the Thoroughbred Idea Foundation's (TIF) series "Wagering Insecurity." Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads. Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity. Achieving this is growing increasingly difficult after the sport has neglected its core base--horseplayers--for decades. "Wagering Insecurity" details some of that neglect,...

   This is Part 3 of the Thoroughbred Idea Foundation's (TIF) series "Wagering Insecurity."    Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads.    Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity, along with increased transparency of the wagering business and its participants over time. Achieving this is growing increasingly difficult...

This is Part 1 of the Thoroughbred Idea Foundation's (TIF) series "Wagering Insecurity." Faced with remarkable competitive pressure from the rise of legal sports betting, horse racing is at a crossroads. Confidence amongst horseplayers and horse owners is essential to the future sustainability of the sport. Efforts to improve the greater North American Thoroughbred industry will fall flat if its stakeholders fail to secure a foundation of integrity. Achieving this is growing increasingly difficult after the sport has neglected its core base--horseplayers--for decades. "Wagering Insecurity" details some of that neglect,...

Editor's Note: The following is an edited press release from the Thoroughbred Idea Foundation, which is beginning a 12-part series on wagering insecurity next week. The series will be released in two installments per week, and the TDN will carry summaries and links to the 12 articles. The Thoroughbred Idea Foundation (TIF) will launch "Wagering Insecurity," a multi-part series which will examine the current state of oversight of North American Thoroughbred racing and wagering, beginning Tuesday, Apr. 13. In the aftermath of the infamous "Fix Six" at the 2002 Breeders'...