Casino gambling and horse racing are very different. Many of our punters love horses and they enjoy spending hours studying their traits and performances. They perceive the game as an intellectual challenge and would spurn casino games based merely on speculation. |
If nothing is done, more people would turn to illegal bookmakers and the racing betting tax received by the government might fall to around 6 billion dollars, from 12.3 billion dollars as recently as 1997. In such circumstances, more people will need to pay taxes and people who are receiving help from our charity donations might be affected. |
We are not encouraging more people to gamble. The amount of gamblers is more or less fixed. We just hope the bettors of illegal games would turn to us. |