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L.A. Track Sues US Racing, BUSR Alleging Illegal Horse Betting

Horse racetrack Los Angeles Turf Club Inc. and Pacific Racing Association filed suit Wednesday in the Central District of California alleging that online entities US Racing and BUSR promote and market illegal online betting on California horse races.

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One More Thought: Mount Rushmore of Tax Havens (Video)

The trove of secret files, dubbed the Pandora Papers, reveal a tax haven that may be closer than you think. David Westin reflects on the tens of millions of dollars sheltered by trust companies in South Dakota in this edition of One More Thought on Bloomberg Wall Street Week.

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