Excellent Article over at ESPN

[Calzone Lord]

but one major problem that skips along largely unrecognized has really become a cluster of problems: Most racetrack executives and regulators these days don't understand the game, don't appreciate the sport, can't identify their audience and know very little, if anything, about the product they're selling.

http://espn.go.com/horse-racing/stor...ive-indecision