Abstract
Consumer interest in horse racing has declined significantly in North America. In an attempt to reverse this decline, additional gambling opportunities, including simulcast betting, have been added at race tracks. This paper investigates the impact of simulcast betting on live racing handle at Canadian horse racetracks. Using data from the 18 largest Canadian racetracks over the period 1999 through 2006, IV results indicate that increases in remote wagering opportunities in Canada lead to small positive increases in live handle. Simulcast betting opportunities do not cannibalize live wagering, rather they increase live wagering.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
