October 18, 2006
18-Oct-06. Betting on horses leaves the track. Calgary Herald, D3.
Betting on horse racing in Alberta has largely moved from the clubhouses of horseracing tracks to HOT (horses off track) shops according to this article. Live mutual handles at racing locations have represented just 25 per cent of total betting in Alberta during recent years as HOT accout for the majority of bets. Wagering and attendance at horse racing events fell off in the early 1990s at about the time video lottery terminals were introduced. During the past few years, wagering has levelled off at approximately $150-million and has shown slight increases over the last three years.
