A Number of Challenges
That’s what racing faces in 2005, reports Bill Christine, in a lengthy article that recounts the woes of NYRA, Magna, and Churchill Downs in recent months. Federal investigations, operating losses, and tussles with the Jockeys’ Guild all made 2004 difficult for the three organizations that own some of the best tracks in the United States, and there’s no sign that the problems will go away this year, weakening the entire industry: “Racing, racked by empty seats and competition from other forms of gambling, is struggling because its strongest links are not that strong.” (LA Times)
