Report finds horse racing is on a slippery track
 

The horse racing industry is hearing dire warnings about an uncertain future and diminishing fan base.

http://www.businessweek.com/ap/finan.../D9P4I4900.htm

I could have given them a similar report for a hundred bucks.

You work too cheap, I would have want a hundred and a quarter.

For the time I would have taken me, that is 2,000 an hour.

It amazes me the Racing Industry needs to spend "good money" to have this report developed. I suppose, they can now say they have identified the problems.

Too much in-breeding in Thoroughbred Racing and I'm not talking horses. ;)

Did the report's authors mention anything about Earth being round?

Are we playing less because of the declining quality of the product or because of the economy? Any thoughts.

How many times have they studied their problems? At some point don't you have to start addressing the problems instead of just studying them? They could be studying them when there are 2 tracks left in the US at this rate.

NTRA players panel report was created a handful of years ago and yet, tracks don't seem to want to implement any of the advice in there. I guess they know more than the Barry Meadow's and Mike Maloney's of the world.

Are you saying that racing wasn't in decline before the economy turned bad in the fall of 2008?

Free T-shirts should take care of the problem.

I was thinking more along the lines of flash mob-type dance scenes on track aprons.

the economy is surely a factor, but according to the report there is also a 4 percent reduction in gamblers each year. people leaving the sport or dying off, and not enough new players coming in to fill the gap. until that situation stabilizes its going to continue to spiral downward and consolidate.

I thought that more than 2% of us horse players were dying off each year. I guess we aren't as old as I thought or maybe in better shape than I thought.

Why would young people bet on horses at 20->30 % takeout ..... my sons have no interest. They rather play poker etc..