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Old 01-31-2014, 12:25 PM
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Quote:
Originally Posted by Cannon Shell View Post
Racing in PA gets 13% of the profits. While you may be correct in saying that politicians will eventually steal the money what backup plan do you propose will replace $250 million a year?

While everyone loves to use the subsidy argument against racing the truth is that many industries are subsidized by the govt between direct cash investments, tax credits, tax holidays, etc
Um a better product, one that can attract bettors and keep them long term, national legislation that would allow for the entire country to legally bet on line, stuff like that.

Subsidies cannot be the defining way the industry survives, which it sounds like it is for many.
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