A Trifecta of Fear, Stupidity and Greed
Yazan: Steve | 09 August 2011 | Comments Off
Categories: Horse Racing
The past decade presented horse racing an unprecedented opportunity to generate revenue and solidify itself as a viable self-sustaining sport. What transpired instead was a sharp and steady decline in wagering handle as the racing industry pursued the one thing certain to do the most harm in the long run; a subsidy from expanded gaming (i.e., [...]
At The Races – The Importance of Star Power
Yazan: Steve | 17 July 2009 | Comments Off
Categories: Horse Racing
Earlier in the month, it was reported that pari-mutuel wagering on U.S. thorougbred races declined by almost 17% in June 2009 compared to June 2008. As reported in the Paulick Report, wagering is down 10% for the year. Does this mean the sport is slowly dying or is this just the impact of the global [...]
