Racing’s Corporate Welfare

TDN Article: “Record purses while the handle declines is not a sign of a healthy industry. It is the signature of a subsidized one.”

At the risk of stating the obvious, horseracing is at its core a gambling business. For decades, the proverbial $2 bet funded this industry. As competition – lotteries, casinos, sports betting – began to arise at the end of the…

Read MoreTDN Article: “Record purses while the handle declines is not a sign of a healthy industry. It is the signature of a subsidized one.”

Prominent Owner: “The industry is thriving in Kentucky and surviving in other places solely because of subsidies.”

While New York has the most tracks, I think it fair to call Kentucky the heart and soul of American horseracing. From breeding to tracks like Churchill and Keeneland to the Kentucky Derby itself, KY is ground zero. In fact,…

Read MoreProminent Owner: “The industry is thriving in Kentucky and surviving in other places solely because of subsidies.”

Injured, Sick Horses at Turfway, Santa Anita; Great Boston Globe Editorial on Subsidies

Over the course of just 7 days at Turfway (Feb 5-14), 13 horses were scratched by the regulatory vet – i.e., their exploiters had every intention of racing them – for being “injured” or “unsound,” another 17 by private vets…

Read MoreInjured, Sick Horses at Turfway, Santa Anita; Great Boston Globe Editorial on Subsidies

Despite Being “Placed to a Protective Hold” and “Expertly Pulled Up,” Horse Is Dead

According to the chartwriter at Aqueduct Thursday, The Golden Gorilla (quite a name, huh?) “suffered an injury to the left front leg near the half-mile pole and was placed to a protective hold…before being expertly pulled up…and transported off the…

Read MoreDespite Being “Placed to a Protective Hold” and “Expertly Pulled Up,” Horse Is Dead

Less Breeding on Horizon in Cal; 103 Lengths Back at Delaware (a Racino) Still Means a Payday

From an article in Horse Racing Nation last week: “California’s already reeling breeding industry will take a big hit starting next Thursday when Harris Farms sells off 90 horses after last month’s death of legendary breeder John Harris. … The…

Read MoreLess Breeding on Horizon in Cal; 103 Lengths Back at Delaware (a Racino) Still Means a Payday

Indeed There Was Another Death at Parx Wednesday; Progress on Florida Decoupling

As reported yesterday, the 3rd at Parx Wednesday was declared a “no contest due to a spill.” Now, as I fully anticipated, we have confirmation that at least one of those involved, 4-year-old Sudoku Terry, died. (The other, Alma Brilha,…

Read MoreIndeed There Was Another Death at Parx Wednesday; Progress on Florida Decoupling