Long overshadowed by Hong Kong and bypassed by top breeders, Singapore’s once moribund horseracing scene is staging a comeback as the city’s status as a playground for the wealthy is spurring racehorse ownership and attracting big bookmakers.
For years attendance at Singapore’s only racecourse, in a lush green setting on the north of the island, was thin as punters were put off by modest prize money and the low quality of the race horses.
The arrival of casinos in Singapore dealt a further blow, drawing gamblers away to the glitzy blackjack tables and slot machines that have turned the tiny island nation into a southeast Asian betting mecca.
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