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Florida representative files bill to separate horse racing from gambling

Regulation

Florida representative Adam Anderson introduced House Bill 881, which would let racetrack operators retain gambling businesses without holding live races. The proposal would affect Gulfstream Park and Tampa Bay Downs; supporters say it would give tracks more flexibility, while opponents warn it could damage the equine industry.

If enacted, the bill could remove live-racing requirements for gambling operations at Florida’s two active tracks.

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Regulation

Michigan Gaming Control Board approves fixed-odds horse-racing wagers online

Michigan’s Gaming Control Board approved fixed-odds horse-racing wagers for the state’s regulated online betting market, according to the report. The option lets customers lock in odds when placing a bet; the board’s executive director said the change responds to bettor demand.

The Michigan Gaming Control Board has approved fixed-odds wagering on horse racing in the state's regulated online sports betting market, according to the report. The format lets customers lock in their odds when a bet is placed, instead of relying on a traditional pari-mutuel pool.

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