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Horse racing charges back into China

26 November 2008

BEIJING, China -- As reported by USA Today: "When the first horse gallops past the post at China's Orient Lucky City racetrack this week, there'll be plenty riding on its back other than the winning jockey.

"This will be the biggest horse race since 1949, when communists took control of China and banned gambling because they believed it was an immoral capitalist pursuit.

"Some Chinese, such as economist Qin Zunwen, hope the four-day event could lead to a broader liberalization of gambling laws nationwide.

"...At this week's races, people can wager on "horse lotteries" by buying a set-price ticket to guess on a winning horse or series of races, rather than betting any amount..."

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