Absolutely. Horses are being dropped down below relative value, but also stables are not looking to take on added liability. Not only do you have meets suspended, but also suspension of slot revenues. We have several months of purse accounts being unfunded and that will take quite a while to recover from. Plus tracks have taken a hit on handle during closures.
Unfortunately, I think it will take, if everything goes perfect, til late 2021 for the industry to recover at the earliest.
Although I remain optimistic. This is what we love and what we do. We have gone through ups and downs and survived.
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04-07-2020, 09:02 PM
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