http://www.paulickreport.com/blog/tr...kie-amendment/
Excerpt:
A coalition of racetracks call for the defeat of a bill that has been amended to create a new class of online wagering in California.
AB 2414, authored by Assembly Speaker John Perez (D-Los Angeles), was significantly altered to allow bettors to wager on a horse to lose – a practice that is currently illegal in California and every other state in the union.
AB 2414 also legalizes the practice of “exchange wagering” ......
