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Kiwi Steve
Since noone answered your question, I'll give you what I heard.
The was a big power struggle in the Royal Turf Club of Bangkok, including as I remember it the brother of the PM Thaksin Shinawatra, Chaisit.
As I remember it the Royal Turf Club is in a financial mess and may sell it's land and relocate to Pattaya.
Chaisit I think was defeated in the power struggle, but that didn't alter the fact of the financial problems of the club. It was announced that the RTC may relocate to pattaya on land donated by a rich local businessman.
I haven't heard anything in several months, and I'm not sure if it will happen for sure or not, certainly last i read the land transfer was near completion.
Try a search through the Bangkok Post archives, should be a lot more detail there.
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