The Louisiana legislature officially wants to make it possible for horse race wagering to be a little more like football betting, even if one company warns it may drive another nail into the coffin of one of the United States’ oldest tracks.
House Bill 547, authorizing fixed-odds wagering on horse racing in the Pelican State, passed both the state’s House of Representatives and Senate earlier this week.
The bill was approved at the urging of some prominent people in Louisiana’s horse racing industry, such as former NFL quarterback and thoroughbred racehorse owner Jake Delhomme.
In making their case, those people pointed to the growth of fixed-odds betting on stick-and-ball sports.
