What Others are Saying -- The New York Times ran an anti-gambling editorial titled "A Bad Bet" in today's newspaper. The opinion piece states that expansion of legalized casinos into states that currently don't allow gambling is something cash-strapped governors and state legislators should resist. "The case made for expanding gambling is usually a disingenuous one. It's all about saving venerable horse tracks (by bringing in slot machines), enhancing an existing lottery or helping Indian nations," states the editorial. "An army of Washington lobbyists and outside casino operators eager to join with real and imagined tribes has worked hard to transform laws allowing gambling on reservations into a regulatory Trojan horse stuffed with slot machines."
Quote Worthy -- Washington Post writer Andrew Beyer took a look in his horseracing column today at person-to-person betting Web site Betfair. He writes: "Betfair has done for wagering what eBay has done for commerce: Through the Internet, it brings together two parties to make a transaction without having to pay the additional middleman. Just as the owner of a painting can offer it online to eBay's customers and avoid an auction house's steep commissions, subscribers to Betfair can make wagers with each other, bypassing bookmakers and racetracks with their high takeout rates."