May. 17, 2018 2:42 AM EDT
BC-RAC–Horse Racing-Sports Betting
LOUISVILLE, Ky. (AP) — Horse racing has been struggling for years to regain a strong footing on the national sports landscape, and owners hope to use betting on other sports to bring fans back to the tracks.
The gamble is not a sure thing since not everyone is on board with the Supreme Court’s ruling earlier this week that allows states to offer sports betting.
Track owners believe horse racing has an advantage since race tracks in many states will be among the first to allow sports gambling. Many race tracks already offer slot machines and table games — popularly known as racinos — in addition to betting on horses.
The nation’s highest court ruled 6-3 on Monday to strike down the Professional and Amateur Sports Protection Act, a 1992 federal law that had banned sports betting in every state but Nevada and a few others with limited wagering.
Horse racing still must overcome stiff political opposition, including in two of the Triple Crown states —Kentucky and Maryland — to take advantage of the ruling.