The ever-expanding business of betting in America is in a difficult-to-predict flux right now, and one entity’s risk is another’s potential reward.

“The gaming industry, generally, and horse racing, as a part of that, is one of the most dynamic industries on the scene today,” Patrick E. Brown, a New York-based attorney who specializes in gaming and public policy, told TDN in a phone interview.

“There’s the obvious increase in sports betting and fantasy wagering, plus new technologies and advances making it so easy to wager. It’s also way more socially acceptable to bet. And in New York, with the expansion now of casinos into the downstate area, this is a time of change.”