The opening line from an article in Horse Racing Nation Thursday: “The latest Equibase report on economic indicators in Thoroughbred racing shows declines in wagering on U.S. races last year and gains in U.S. purses.”
wagering down, purses up
In a press release, the National Thoroughbred Racing Association’s Tom Rooney explains: “Purses were up double digits year-over-year and reached an all-time high thanks in part to contributions from other gaming sources.” “In part,” Mr. Rooney? Try mostly. And to remind, those “contributions from other gaming sources” are subsidies, gifts – taxpayer bailouts. Full stop.
On another note, this from the chart for the 4th at Tampa Bay Friday [emphases mine]: “Ma Coco was reluctant to load…raced at the back of the pack…pulled up in distress in midstretch and was vanned off.” No word yet on her status.