At the recent Racing Symposium in Tucson, Senator Jon Kyl tried to peddle the idea that his bill to prohibit wagering on the Internet was a service to racing. Bloomberg News presented a slightly different take on the matter.
The publication reported on December 24 that online holiday sales will reach $3.5 billion this year as the number of U.S. adults shopping on the Internet doubled in one year. According to Bloomberg, consumers who either purchased or gathered information on holiday gifts from October 1 to December 16 increased from 8.3 million a year ago to 19.8 million this year, and 65 million
adults used the World Wide Web in the past three months. Still think it doesn't matter if racing is shut out from using this medium?