Can Fixed-Odds Prolong The Renaissance Of U.S. Horseracing?

  • Dormant leagues open sports-betting market to horseracing
  • Fixed-odds contemplated as complement to pari-mutuel wagering
  • New Jersey track could be test case for fixed-odds in U.S.

Like a fading movie star given a big role for a comeback, the U.S. horseracing industry is enjoying a renaissance during the pandemic.

The months-long lockdown of Major League Baseball, the National Basketball Association and the National Hockey League has allowed horseracing to dominate the U.S. sports-betting market like it did during its golden era in the 1920s.

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