Deal Averts Shutdown in State's Horse-Race Betting

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Deal Averts Shutdown in State's Horse-Race Betting
Ross Land/Getty Images

Nevada's $59.5 million horse race-betting sector will continue operating after the Nevada Gaming Commission pressed Thursday for the industry to avert a shutdown that threatened to take effect as early as Friday. The shutdown was threatened after the state's 83 race books were unable to agree on a new contract with Las Vegas Dissemination Co., the lone facilitator of pari-mutuel wagering in Nevada.

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