The system is broken. I hate to sound like a raving doomsday lunatic, that is not the urgency that I am going for, but it becomes painfully apparent at times how much our government on the federal and state level are not looking out for the best interest of the people, but are consumed by profits both as individuals and as a whole. There are times when certain laws are passed that are clearly to help a small group that has a lot of money or the ear of influential people. Simple logic shows that it is not in the interest of the people as a whole, but perhaps cashing in on an old favor.
That is the best way to describe my feelings about the horse racing industry. It has not been that long in the big picture since the swift decline of public interest in horse racing. Only a few decades ago horse racing was a huge money making industry and one of the most lucrative gambling markets. It seems clear to me that the decline in horse racing has directly to do with Americans no longer finding an interest in the sport. Most Americans live in the suburbs and do not have any relationship with horses so there is obviously no interest in horse racing. It is no coincidence that in car-loving America that NASCAR has become the largest spectator sport. Yet with this knowledge, state after state continues support horse racing with taxpayer money. I have my serious doubt that they continue to do this because they feel like with a little bit of help the sport will turn around.