Kentucky Derby Operator Challenges Texas Betting Law

Law360, Dallas (September 25, 2012, 8:39 PM EDT) -- Churchill Downs Inc. and a subsidiary that operates the online betting site Twinspires.com sued the Texas Racing Commission in federal court Friday, arguing a state law unconstitutionally discriminates against online betting businesses by allowing Texas citizens to bet on horse races only in person.

The company says the state recently decided to enforce a “long-dormant” statute, breaking a decade-long truce that allowed online betting through “an unspoken but implicit understanding.” The company argues the Texas Racing Act’s in-person betting requirement prevents Texans from betting on out-of-state...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Churchill Downs Incorporated v. Trout et al


Case Number

1:12-cv-00880

Court

Texas Western

Nature of Suit

Constitutional - State Statute

Judge

James R. Nowlin

Date Filed

September 21, 2012

Law Firms

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.