TUCSON, Ariz. – Computerized account-wagering companies that pour billions of dollars a year into U.S. racing pools aren’t going away, but they may face guardrails on their play in the future, according to officials who spoke at the closing Tuesday session at the Global Symposium on Racing.
The panel session was the third this year at racing conferences to examine the impact of CAWs on racing’s parimutuel pools, following the publication in the spring of a long-form piece in The Financial Times detailing CAW play. The author of that piece, Oliver Roeder, moderated the panel.