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(The Associated Press) Organized gambling on horse races has returned to mainland China for the first time since the ruling Communist Party seized power in 1949, state media reported. The central city of Wuhan in Hubei province held a trial horse racing event Saturday in which spectators could bet on four races at the Orient Lucky City racecourse, the official Xinhua News Agency said. It is .

Ascot’s King George VI and Queen Elizabeth Stakes will be sponsored for the first time in three years after Betfair was yesterday unveiled as the backer of Britain’s premier all-aged middle-distance race. As a result, the King George will carry prize-money of 1 million for the first time in 2009.

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