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On Horse Racing: In Building a Modern Betting System, a Family Was an Eyewitness to Horse Racing History

Late Sunday afternoon, when the tote board went dark after the final race of the day at Aqueduct Racetrack, Pat Mahony called it a career, one he has cherished and one that has been part of his family history for more than a century. Like his father and grandfather before him, Mahony is a mutuels man.

By his estimation, over the last 50 years, he has spent 14,000 days at the track, watched more than 130,000 races and been responsible for the more than $20 billion that has come through the betting windows at the racetracks he has supervised from Florida to New York.