Sport is made for betting

Prime example of why America doesn't allow widespread gambling - they simply have no idea how to look after the public interest. NH enacts rules to protect track bettors Wednesday, January 14, 2009 CONCORD, N.H. (AP) — New Hampshire has approved stricter gambling regulations to protect bettors if state dog or horse tracks go bankrupt. The rules could have saved bettors at the bankrupt Hinsdale Greyhound Park a half-million dollars they had in betting accounts at the track. The Racing and Charitable Gaming Commission approved the regulations on Tuesday. They will require the state's three remaining greyhound and harness racing tracks to maintain accounts at state financial institutions that could be used to pay back bettors and other creditors in bankruptcy or closure. The Lodge at Belmont, Rockingham Park and Seabrook Greyhound track have until March 1 to open the accounts. The Hinsdale track filed for bankruptcy last month and abruptly closed. The track used money from the bet...