CAW lawsuit

The Week in Review - Last month, when parties on both sides of a pending class-action lawsuit over computer-assisted wagering (CAW) argued in federal court over allegations that the nation's biggest racetracks have conspired with "insider" high-volume bettors to rig pari-mutuel pools at the expense of small-scale horseplayers, the defendants in the case-the New York Racing Association (NYRA), The Stronach Group (TSG), Churchill Downs, Inc. (CDI), Racing and Gaming Services (RGS), AmTote International, United Tote, and Elite Turf Club-wrote letters to the judge purporting that plaintiff Ryan Dickey was using...

In a statement issued Thursday, The Stronach Group owned Elite Turf Club, LLC, and AmTote International, Inc., have responded to a class action lawsuit filed last week against several Computer Assisted Wagering (CAW) related wagering entities under the Racketeering Influenced and Corrupt Organizations Act ("RICO") and under state law, alleging they have "organized and participated in the corruption of the betting system to the detriment of the class." The debate around CAW players typically surrounds the edge they wield over regular gamblers thanks to their use of sophisticated technologies that...