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Originally Posted by Cannon Shell
This may be the first sign of the end of horseracing.
Fact- Racing commissions may be inept but at least some have a few people who give a danm about the sport. Wait till you see who these 2 clowns pick to run the Federal commission. Guess how the feds pay for things? They raise taxes, and since horseplayers have no group lobbying for them the fist thing to be attached to the sport will most likely be a federal takeout on all bets. Sounds like a good idea still? What about if they make it 5% accross the board to pay for all the changes they want to implement? Sound good still?
Having incompetence on a national level rather than a state level and paying more for the priviledge seems like a bad idea to me.
The federal government has ruined more industries with intervention than they have helped. Horseracing has no chance to survive federal intervention. None.
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Horse racing is heavily regulated at the state level. I believe you are being too pessimistic about the HOR getting in involved with nothing that will be a dog and ponyy show hearing in front of what ever committee holds the hearings.
Horse racing generates a lot of money to the national ecomomy. Just think about all the components that going into breeding a horse, feeding them, maintaining them. That does not include the process of selling them, housing them, etc.
I share your distrust of federal government involvement over areas where they lack the means and expertise to bring a positive result to whatever they try to do.