casino revenue

In the second installment of the TDN Business Hour, the conversation focused in on one of the most vital components of the racing economy in America today: the reliance on casino-funded purse subsidies. Host Najja Thompson, Executive Director of the New York Thoroughbred Breeders, explores these questions with Louis Cella, Damon Thayer and Bill Nader.

In the second installment of the TDN Business Hour, the conversation focused on one of the most vital components of the racing economy in America today: reliance on casino-funded purse subsidies. While states like Kentucky and Arkansas have seen a revitalization fueled by gaming revenue, other jurisdictions face an uphill battle. From the ongoing quest for subsidies in California to the defensive front against decoupling in Florida, the industry is at a crossroads. What are the long-term benefits of these subsidies? At what point does the sport become too reliant...