In that article in mentions that it was created to thwart "private bookies" in 1970. How much of a problem was that before 1970?-and compared to now?
Personally I think y'all need an off-course tote monopoly and on-course bookmakers.
Down the Australian route rather than the British or Irish-but tracks could take a leaf out of the British book and have a pitch auction. Everyone wins. Entry fees to tracks stay low. Thousands of bettors will return to the tracks....
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