04/08/2004 11:00PM

Groups join in bet security effort

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The Jockey Club, the three largest racetrack operators in the United States, and the racing industry's three tote companies have reached an agreement to identify problems in the sport's betting network and develop solutions.

The racing companies involved - Magna Entertainment, the New York Racing Association, and Churchill Downs - together account for approximately 60 percent of the national handle on horse racing.

Joining the tracks are AmTote, United Tote, and Scientific Games Racing, which process the vast majority of wagers on racing made by North American residents, and The Jockey Club, the breed registry for Thoroughbred racing, which has become increasingly involved with racing technology.

The Thoroughbred Racing Associations, a racetrack trade group that has worked closely with tote companies in the past, will also be part of the effort.