Stop me if you’ve heard this one: Tote for sale (again)

PriceReducedWord arrives that the newest attempt to flog the UK’s Tote to private interests will be handled by investment bankers Lazard, who will try to succeed where even the mighty Goldman Sachs failed. Fred Done has already expressed an interest, as have others, but given the dire state of horse racing and the general economic conditions, how much of a bath is the state willing to take on the price for the state-owned betting portal? Read more.