Ann: Fixed Odds Bill Passes New Jersey Senate & General Assembly, page-88

Correct but that was also because there was no wording in the bill that would protect the horse racing groups and compensate them.

Like the Australian model and now that of NJ. There must be some sort or revenue sharing arrangement provided for all stake holders for fixed odds to work. (We know it works very well in Australia and is highly profitable. Betmakers working hard with US stakeholders now to show them how).

I'm sure I read the Canadian horse racing groups would be willing to come to the table further down the track if compensation was provided and not all take outs went to the sports books when providing fixed odds.