LESS RACING. LESS GLOOM. LESS DOOM.

It has been another week of gloom (Turfway scraps Kentucky Cup) and doom (wagering off $519 million through first half of 2010) and more gloom (Hollywood cancels another card) and more doom (Mace Siegel throws racing leaders under bus). It gets a little tiresome, especially when the solution should be obvious to anyone who understands the most elementary economics, and yet the industry doesn't do what needs to be done.

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