Racino Executive Urges Embrace Of Historical Racing

A veteran racetrack executive believes the next step in the evolution of pari-mutuel racing in the United States is to allow tracks to offer historical horseracing, also known as instant racing, which allows players to bet on replays of horse races.

“The fact is that in most jurisdictions we are not being allowed to sell our own product in the most modern and productive way,” Scott Wells, president and general manager of Remington Park and Lone Star Park said at the Pan American Conference.

Wells said a live horse race every 25 minutes is the traditional way to sell horseracing, but “many of us are stuck thinking that’s the only way.”

Wells said the industry’s product is not just the visual experience of watching the race.

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