Global Symposium on Racing Panel to Address CAW’s Influence on Racing’s Future

Sept. 8, 2025
Race Track Industry Program
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FOR IMMEDIATE RELEASE 

TUCSON, AZ — The pari-mutuel wagering landscape is evolving at a pace unlike anything seen before. In a panel moderated by Pat Cummings, Executive Director, National Thoroughbred Alliance, industry leaders and experts will take on one of the sport’s most urgent and complex issues in the panel discussion: “The Sustainability Algorithm: Balancing CAW Growth with Racing’s Long-Term Health.”

Computer Assisted Wagering (CAW) and high-frequency betting algorithms have an outsized influence in North American racing pools, reshaping the traditional dynamic between professional and recreational players. While professional wagering has long been part of horse racing, today’s CAW operations leverage advanced technology and large-scale rebate structures which fundamentally alter market behavior.

This panel will explore critical questions facing the industry:
  • Are current market structures equitable for all participants?
  • How do rebating programs impact pool integrity and the betting experience of everyday fans?
  • What safeguards should operators consider to ensure a sustainable and inclusive wagering environment?

Featured Panelists: 

  • Pat Cummings, Executive Director, National Thoroughbred Alliance (Moderator)
  • Scott Daruty, President, Monarch Content Management & Elite Turf Club
  • Dr. Marshall Gramm, Professor of Economics, Rhodes College
  • Eric Halstrom, VP & General Manager of Racing, Horseshoe Indianapolis Racing & Casino
  • David O’Rourke, President & CEO, The New York Racing Association
  • Maury Wolff, Retired Professional Gambler

The session promises candid insights and lively debate among some of the sport’s most respected voices, tackling how racing can balance the rise of algorithm-driven wagering with the long-term health of the game and its fan base.

The session will be held during the Symposium, which runs December 8–10, 2025, and features a full slate of panels, workshops, and networking opportunities with global industry leaders. Registration is now open, with discounted rates available for early sign-ups. For event details, speaker updates, and lodging information, visit RacingSymposium.com