Gambling on Horse Racing Might Become Reality Again in China
To show how much the world is actually changing, you need not look further than in China. The country is contemplating allowing gambling on horse racing for the first time in almost fifty years.
The city of Wuhan has received the O.K. to move forward with bringing horse racing to the city. The races are beginning without a key component that is present at most racetracks, gambling.
That may soon change. The Xinhua news agency has reported that as early as next year, there could be gambling on the horses in Wuhan.
There has not been gambling on horse racing in the country of China for almost fifty years. In 1949, the Communist party banned the gambling from taking place. Not until now has there been an opportunity to bring it back.
"The proposal for betting on horse racing is being reviewed and discussed, but there is no concrete information on when or whether it will begin," a spokesman for the China Sports Lottery was quoted as saying to Xinhua.
January 10, 2008
Posted By Terry Goodwin
Staff Editor, CasinoGamblingWeb.com
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