in Cryptocurrency

Illegal Crypto-Bookmakers Pose Risk to Integrity of Hong Kong Horse Racing

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The rise in unregulated cryptocurrency betting markets poses a threat to the integrity of horse racing in Asia. So warned Hong Kong Jockey Club’s executive director of racing integrity and betting analysis, Tom Chignell, at the Asian Racing Conference in Cape Town.

As reported in the South China Morning Post, Feb. 21, the evolving landscape of cryptocurrency gambling platforms potentially opens the door to race-fixing.

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