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Article: A HORSE RACE WE CAN'T LOSE.(Editorial)(Column)
- Article from:
- The Kentucky Post (Covington, KY)
- Article date:
- May 14, 2004
CopyrightCOPYRIGHT 2004 The Kentucky Post. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Thomas H. Meeker
When Smarty Jones enters the starting gate this Saturday to run the 129th Preakness Stakes, he carries with him not only the hopes of a sport seeking a superstar, but the realities of an industry waiting for a good, clean break.
Once the only legalized gaming product in town, the horse-racing industry now competes with state lotteries; riverboat, land-based and Native American casinos; and charitable gaming in almost every state where pari-mutuel wagering is offered. According to the Kentucky Horse Racing Authority, $546 million was wagered at Kentucky racetracks and off-track betting facilities last year. Compare that to the ...