Deuters stepped down after three years as president of the Racehorse Owners Association, but in his final speech said that bookmakers would be better off and the horse racing industry would see its income rise if the bookmakers take the radical step of producing their own individual starting prices.
Deuters added: “The moment on-course bookmakers were given the opportunity to hedge through the exchanges, it sounded the death knell for the old system of returning SPs.”
In separate news, the Racehorse Owners Association members have pledged almost £40 million in equity as their contribution to a racing consortium seeking to buy the Tote.
Calculators
