Quote:
Originally Posted by classhandicapper
I know we are all racing fans, but I'm having a tough time figuring out why 100s of millions of dollars are being spent on new facilities for an industry that's dying in the US despite 100s of millions of dollars of casino profits being diverted to it. Even if the goal is to build more diverse entertainment centers that draw more people, it will not be racing that's bringing in those people. So why does it even have to be part of it?
There was a time when racing was the only legal gambling game around. Now there are scratch-off lottery tickets, lotto, casinos all over the place and growing legal sports gambling on all the major sports. Betting on racing is not a major activity anymore (other than for computer teams). It's more of a niche sport with a handful of marquee meets and races that the public cares about. In 10-15 years it may need a DNR.
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I understand and hear what you’re saying. Maryland has the nations attention once a year. You think of racing as only the major leagues. Maryland is comfortable the other weeks of the year with the meat and potatoes of racing. We’re triple A. We have our own farms and we have our own track. Other than Preakness, we’re good with circling our money from the breeding farms to the trainers and backside. The state takes their money and they get a place to safely hold big events and festivals during the summer.