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As a teenager, I developed a great interest in not only horse breeding but also horse racing and used to bet based on red-hot tips. I realized that becoming a bookmaker would be very lucrative, but Dad put his foot down, saying it was an inappropriate career.

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Along with my passion for horse breeding, I was a horse racing enthusiast... In 1974 I was elected as a committee member and subsequently as a steward of the Turf Club. I had a burning desire to clean up the sport, which had always carried the stigma of gambling and manipulation.

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Cyrus S. Poonawalla

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