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Online
Gambling
Hurts
Horses
February
27,
2008
It
seems
that
online
gambling
and
wagering
has
begun
to
hurt
the
horse
racing
industry.
There
are
plenty
of
places
where
you
can
go
to
place
a
bet
online
for
your
favorite
horse
or
for
any
other
kind
of
sport
that
you
enjoy
betting
on.
When
you
are
looking
at
the
offshore
gambling
that
is
now
going
on,
especially
in a
place
like
Costa
Rica,
the
numbers
get
extremely
high.
There
are
more
than
200
online
gambling
enterprises
located
in
Costa
Rica,
and
many
of
their
clients
come
from
the
United
States.
The
Unlawful
Internet
Gambling
Enforcement
Act
has
done
little
to
curb
the
kind
of
online
gambling
that
goes
on
in
Costa
Rica,
especially
since
they
don’t
really
go
against
the
horseracing
wagers.
The
US
government
might
not
be
happy
about
the
amount
of
money
flowing
out
in
regards
to
online
gambling,
but
the
Costa
Rican
government
is
doing
everything
in
their
power
to
keep
it
just
the
way
it
is.
Not
only
do
they
not
care,
but
they
make
it
very
easy
by
charging
low
fees
and
encouraging
people
to
move
here
to
start
online
gambling
sites.
It
can
cost
you
anywhere
from
$250,000
on
up
to
open
an
online
gambling
site,
but
in
Costa
Rica
you
can
get
one
for
less
than
$10,000.
The
amount
of
money
being
wagered
in
Costa
Rica
is
easily
in
the
billions,
and
the
New
York
Racing
Association
says
that
they
have
lost
more
than
$50
million
in
annual
handle
when
relationships
were
severed
a
few
years
ago.
The
horses
need
the
money
that
they
have
lost
to
Costa
Rica,
and
those
millions
could
help
with
purses
and
with
upkeep.
Not
to
mention
the
fact
that
the
owners
and
handlers
wouldn’t
mind
a
larger
slice
of
the
pie
as
well.
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