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Horse racing at breaking point as black market becomes increasingly enticing

Patrick Killeen by Patrick Killeen
March 31, 2026
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Horse racing at breaking point as black market becomes increasingly enticing
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Industry figures have once again warned of the structural crisis facing UK horse racing – as well as the ever-growing unregulated market. As industry veteran Vaughan Lewis warned, there are very few scenarios in which the black market could become more attractive than it already is for horse racing bettors…
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