Instead of about 1,600 live horse racing dates across the province, the three-person Horse Racing Industry Transition Panel is recommending about half that number in order to sustain the industry.
But that means half the number of opportunities for horsepeople to make money. It isn’t enough to support the number of people in the industry now.
It also said the industry needs government support, but doesn’t give any kind of figure.
The panel says money can be made from a racing-specific lottery, sports books which include single-event sports betting and a pari-mutuel game that involves betting on the outcome of past races. Don’t get this last one. Can anyone enlighten me?
Doesn’t really sound promising to me, especially if so many race dates are slashed.