Major tuning of BEL & SAR stakes/purses

Yes it would be a bad thing for a multitude of reasons and I cannot believe you don't see that.

Kentucky, New York, Florida, and California are the premier states for horse racing. Any thoroughbred track that would close in these states is a serious attack on the industry as a whole.

The sport won't survive if West Virginia, Pennsylvania, New Mexico, etc. turn into the premier states.