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UK Minister Admits He "Dropped Clanger" On Tote Sale

Friday, 18th July 2008

In the UK, former British Sports Minister Richard Caborn admitted he had "dropped a clanger" in failing to "ensure that the Tote was sold to a racing trust during his time in office," reported guardian.co.uk. However he also proposed a new scheme for the future of the betting organisation that would "simplify the whole structure of racing". Caborn was speaking during a parliamentary debate on the future of the UK Tote, during which he noted that "uncertainty over the ownership of the organisation (which has a monopoly on pool betting & also operates nearly 550 off-course shops) has been going on for nearly 10 years". The Labour Party government has "twice pledged in its manifesto to ensure the transfer of the Tote to a racing trust".

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