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Computer-Assisted Wagering Horse-Racing Betting Class Action

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Velocity, Elite Turf Club, and other computer-assisted wagering groups · Horse-racing parimutuel betting and computer-assisted wagering · Ongoing Litigation

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About this case

A putative class action filed in the U.S. District Court for the Eastern District of New York alleges that computer-assisted wagering groups manipulated parimutuel betting pools through large, last-second automated bets, producing false or misleading odds for ordinary horse-racing bettors. The complaint was amended in February to add six plaintiffs, and the matter is ongoing.

Case overview

Defendant company
Velocity, Elite Turf Club, and other computer-assisted wagering groups
Product or service
Horse-racing parimutuel betting and computer-assisted wagering
Case status
Ongoing Litigation
Lawsuit type
Consumer
Reported harm
Misrepresentation

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Sources

Public reporting associated with this case.