In the second of three scheduled stakeholder discussions on the prospects of fixed-odds horse racing in Colorado, facilitated by the state’s Department of Revenue, the issue of how those bets would be handled and regulated – as sports wagers, as horse wagers, or in a hybrid system – was a main topic of discussion.

Most involved in Wednesday’s discussion, which was conducted via video conference, felt fixed-odds horse racing should be overseen by the state’s Division of Gaming, and not through the Division of Racing Events, where parimutuel race wagering is regulated. As the rationale goes, since fixed-odds horse wagers would be primarily (or entirely) taken by sportsbooks, they should be regulated by the organization that already governs sportsbooks.