Word: jockey
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Three's a Crowd. Clinton's rivals jockey with a wary eye on each other...
...disc jockey, a turntablist, a master of wax. He is an opinionated old-school hip-hop head, and a part-time math geek. He is definitely a musician...
...gamble appears to have anecdotal and statistical support. Hong Kong - which bars casinos but has a $13 billion horse-racing, lottery and sports-book industry - has one of the highest per capita betting averages in the world (about $2,000 annually), according to figures from the Hong Kong Jockey Club. And rates of addiction appear to be higher. A 2004 study by psychiatrists at the University of Queensland found that Chinese were almost 50% more likely to develop a gambling addiction than Caucasians. In the U.S., about 3.5% of people are classified as pathological and problem gamblers (more than...
...much about bonding with new friends as it is about lording it over the old ones. Race days are festive events where local tycoons, movie stars and pop singers are always in attendance, in the perpetually packed stands and in the owners' boxes. The Hong Kong Jockey Club, which controls all aspects of thoroughbred racing in Hong Kong from handling the betting to running the tracks to housing the horses, is a pillar of society. So much money flows through its coffers - last year's turnover was more than $13 billion - that taxes and betting duties paid by the Jockey...
...While thoroughbred ownership in Australia and the U.K. is increasingly within reach of commoners, the Hong Kong racing scene is dominated by the rich and connected. Those who want a piece of the action must first be a member of the Jockey Club - joining fees start at $30,000. Membership qualifies you to enter a Byzantine annual lottery in which members compete for roughly 300 spots that give them the right to purchase a horse and have it stabled in the Jockey Club's ritzy training facilities. This is how Lo, the Hong Kong fashion executive, became an owner...