Horse Racing Gets Squeezed By Gambling’s Spread : NPR
Races between thoroughbred horses have been held in the United States since the 1600s. With the second jewel in the Triple Crown series – The Preakness – set to run Saturday, its host racetrack is struggling to balance its books.A 2005 study says that racing directly impacts the U.S. economy to the tune of $10.6 billion a year. And yet, there’s been hand-wringing in Maryland, which hosts the Preakness, over whether an industry that’s been losing millions of dollars a year can survive.
Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology
Posted on May 21, 2011 in Uncategorized Comments are off