How About “Historical Horseracing” Instead of Live Horseracing?

Horseracing Wrongs

No matter how the racing industry tries to dress them up, “Instant Racing Machines” – aka “Historical Racing Machines” – at racetracks are, in both purpose and result, the exact same thing as slot machines at those tracks – there to subsidize (prop up) the actual horseracing taking place. These machines are directly responsible for horseracing returning to Virginia (Colonial Downs) in 2019 and keeping tracks alive in various other states, including Oregon.

A recent article in The Oregonian notes racing’s decline in that state, a decline that eventually led to the 2019 shuttering of Oregon’s sole major track, Portland Meadows. If horseracing is to survive (be resuscitated) in Oregon, subsidization is a must, an inconvenient truth for most American tracks. Handicapper/columnist Jonathan Stettin: “Racing is on life support. The decline in fan base has led to an environment where the tracks that survive and thrive are the ones with…

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