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Report Indicates Shift in New York Wagering

New York -- As reported by Bloodhorse: "More money was wagered in New York on out-of-state races than in-state races in 2003, the first time such a shift has occurred, according to a new report by the New York State Racing and Wagering Board.

"The state agency reported $1.4 billion in total handle on out-of-state races compared with $1.3 billion for in-state races. A year earlier, $1.5 billion was wagered on in-state products, and $1.3 billion on out-of-state races.

"...The out-of-state wagering exodus was seen most vividly at OTB parlors, which saw simulcasting restrictions lifted for part of the year in 2003. The OTB parlors handled $1.2 billion in bets on out-of-state races, compared with $833 million in in-state betting in 2003.

"The in-state number is down sharply from the $1 billion in bets handled in 1999 by OTB facilities. Wagering on out-of-state races that year stood at $871 million.

"...In other statistics in the year-end report by the regulatory agency, the number of post-race drug positives fell from 118 in 2002 to 78 last year..."

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