Wednesday, May 2, 2012

Are Bigger Purses Bad For Horse Racing?

NYT, via nc links:
To survive amid a riot of new, technologically advanced gambling options, track owners have increasingly succumbed to the gambling industry’s offer to sweeten racing purses with slot machine revenue. But if casinos promise to prop up a struggling sport, they can also erode the loyalty that owners and trainers feel toward their horses, turning them, in the words of Maggi Moss, a leading owner, into “trading cards for people’s greed.”
The casinos’ impact is greatest at the sport’s low end, the so-called claiming races, a world away from the bluegrass pageantry of Saturday’s Kentucky Derby. In the claiming ranks — where some of the cheapest horses fill starting gates at tracks like Aqueduct, Penn National, near Harrisburg, Pa., and Evangeline Downs in Louisiana — the casino money has upset the traditional racetrack balance of risk and reward.
“It’s strictly self-centered greed of not thinking about the horse but thinking about maybe I can get one more race out of him and get a piece of the game,” said Dr. Tom David, until recently the chief veterinarian for the Louisiana Racing Commission.
The Times has been dragging horse racing over the coals.  Maybe the attention will improve the sport.  Like boxing, horse racing has a number of shady characters who don't cover the sport in glory.  This definitely isn't the attention the sport wants during the week of its biggest event.

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