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Wednesday, July 21, 2010

The ADW "Monopoly"

Horse racing has a monopoly on internet wagering. Some might say "what have you done with it other than fight about the revenue split" and they have a point, however, the fact remains this is a monopoly in North America. But for how long? The answer is not long at all. In fact, in British Columbia Canada, online wagering opened last Thursday. And demand was so high, the system crashed.

"the site was temporarily offline simply because of too many visitors. The Crown corporation did not return QMI phone calls Monday, but it finally issued a media statement at 6:02 p.m. local time, blaming "high player volumes" that exceeded server capacity on Thursday."

If this expands throughout Canada and an enterprising state or two (i.e. New Jersey who is looking at betting exchanges), all the ADW fights with horsemen and regulators, and Fred Pope's ideas and all the rest might end up being one faint, sad memory of what might have been.

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