Quote:
Originally Posted by BELMONT 6-6-09
In my opinion the horseracing game is headed for a drastic change in the future (maybe within 5 years) where a number of small racetracks currently fueled by casino money will close. It will be a major adjustment that will close the weaker tracks and in turn will aid the surviving tracks.
For example the staple tracks around the country:
Belmont Park/ Saratoga/ Aqueduct (until it closes)
Keeneland/Churchill Downs
Gulfstream Park
Santa Anita/Del Mar
Oaklawn Park
There are obvious other tracks that can make this list
Laurel Park and Parx and a host of other B tracks might be able to survive but the Staple tracks listed will have bigger fields and maybe if by miracle a reduction in takeout rates.
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I changed the second row to:
Keeneland/Churchill/Kentucky Downs/Ellis Park/Turfway
All Kentucky tracks have purses supported by HHR (Historical Horse Racing) which can not be decoupled. A set percentage of HHR money is statutorily directed to the KTDF (Kentucky Thoroughbred Development Fund) and must be used for purses. Additionally, the HHR facilities are all owned by one or more tracks themselves.
