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    <title>Pinboard (jnchapel)</title>
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    <description>recent bookmarks from jnchapel</description>
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  </channel><item rdf:about="https://defector.com/is-horse-racing-still-too-big-to-fail/">
    <title>Is horse racing still too big to fail?</title>
    <dc:date>2021-04-10T14:50:12+00:00</dc:date>
    <link>https://defector.com/is-horse-racing-still-too-big-to-fail/</link>
    <dc:creator>jnchapel</dc:creator><description><![CDATA["And so as she began her investigation — 'I came to this as a racing fan' — she was under the assumption that Pennsylvania horse racing probably merited this generous annual subsidy. Only after she began reading all the state audits she could find, the drawn-out minutes of Racing Commission meetings, and the rarely noticed fiscal reports, did she realize how wrong she was. 'The more I got into it, the more shocked I became,' Ward told me. 'This is an industry that is completely hidden from public view. They've got a direct cash pipeline and they don't want anybody to know about it.' It's a story rarely told outside the racing industry, and understandably so: Horse racing is propped up by tax dollars from casinos that have nothing to do with what happens on the track or at the betting windows."]]></description>
<dc:subject>horseracing business-of-racing gaming slots subsidies purses handle</dc:subject>
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<dc:identifier>https://pinboard.in/u:jnchapel/b:7be41f133276/</dc:identifier>
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<item rdf:about="https://canterburylive.com/2017/01/23/canterbury-park-offering-incentives-for-racing-in-shakopee/">
    <title>Canterbury Park offering incentives for racing in Shakopee</title>
    <dc:date>2017-01-30T19:36:09+00:00</dc:date>
    <link>https://canterburylive.com/2017/01/23/canterbury-park-offering-incentives-for-racing-in-shakopee/</link>
    <dc:creator>jnchapel</dc:creator><dc:subject>horseracing midwest minnesota canterbury-park horsemen purses</dc:subject>
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<dc:identifier>https://pinboard.in/u:jnchapel/b:ca2bc71c3f39/</dc:identifier>
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<item rdf:about="http://www.bloodhorse.com/horse-racing/articles/213646/pa-report-shows-impact-of-slots-on-purses">
    <title>PA report shows impact of slots on purses</title>
    <dc:date>2016-07-27T20:00:06+00:00</dc:date>
    <link>http://www.bloodhorse.com/horse-racing/articles/213646/pa-report-shows-impact-of-slots-on-purses</link>
    <dc:creator>jnchapel</dc:creator><description><![CDATA["Total wagering on live races at the six tracks last year amounted to $720,537,799. Purses paid totaled $201,976,424, or 28% of pari-mutuel handle. Purses derived only from handle generally run from 6%-7% on average in the United States, according to Thoroughbred Racing Associations stats."]]></description>
<dc:subject>horseracing handle slots purses state-politics business-of-racing pennsylvania</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:jnchapel/b:de7797f4c89b/</dc:identifier>
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<item rdf:about="http://www.bloodhorse.com/horse-racing/articles/95935/massachusetts-approves-added-dates-in-2016">
    <title>Massachusetts approves added dates in 2016</title>
    <dc:date>2015-11-13T21:03:10+00:00</dc:date>
    <link>http://www.bloodhorse.com/horse-racing/articles/95935/massachusetts-approves-added-dates-in-2016</link>
    <dc:creator>jnchapel</dc:creator><description><![CDATA["We're excited," said Chris Carney, whose family owns the Brockton Fairgrounds, and holds both the Brockton Agricultural Society and the Middleborough Agricultural Society licenses. "We're really looking forward to it, because this time we don't have to reach into our own pockets to pay the purses."]]></description>
<dc:subject>horseracing massachusetts purses brockton rhdf</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:jnchapel/b:a2a3db025a1b/</dc:identifier>
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<item rdf:about="https://www.thoroughbredracing.com/commentary/key-wagering-indicators-spell-trouble-us-british-racing">
    <title>Key wagering indicators spell trouble for US, British racing</title>
    <dc:date>2014-05-30T00:31:51+00:00</dc:date>
    <link>https://www.thoroughbredracing.com/commentary/key-wagering-indicators-spell-trouble-us-british-racing</link>
    <dc:creator>jnchapel</dc:creator><description><![CDATA["In the U.S., the low prize-money yield suggests future problems for racing. While there may be some inflation in purses in this country due to contributions from alternative gaming, a prize money yield of only 11.6 per each euro wagered will not sustain prize money at anywhere near the current level."]]></description>
<dc:subject>horseracing business-of-racing international wagering purses</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
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<item rdf:about="http://www.philly.com/philly/news/Gift_horses_Slots_players_send_1_billion_bouquet_to_Pas_race_industry.html">
    <title>Gift horses: Slots players send $1.5 billion bouquet to PA racing industry</title>
    <dc:date>2013-09-19T12:39:56+00:00</dc:date>
    <link>http://www.philly.com/philly/news/Gift_horses_Slots_players_send_1_billion_bouquet_to_Pas_race_industry.html</link>
    <dc:creator>jnchapel</dc:creator><dc:subject>horseracing racinos slots purses subsidies pennsylvania wagering</dc:subject>
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<item rdf:about="http://www.nytimes.com/2013/06/18/sports/18iht-srasrace18.html?pagewanted=all">
    <title>Hard times for Sport of Kings in ancestral home</title>
    <dc:date>2013-06-17T13:56:54+00:00</dc:date>
    <link>http://www.nytimes.com/2013/06/18/sports/18iht-srasrace18.html?pagewanted=all</link>
    <dc:creator>jnchapel</dc:creator><description><![CDATA["British racing operates on a funding model with longstanding flaws — among them the so-called levy mechanism, an arcane system whereby the industry receives an annual portion, around 10 percent, of bookmakers’ profits from racing bets. Each September, the British Horseracing Authority, the sport’s governing body, meets with bookmakers before a government arbiter and negotiates the total contribution for the following year. The B.H.A. allots about half of its take to prize money and much of the rest to integrity measures and personnel costs."]]></description>
<dc:subject>horseracing international british wagering levy-system purses</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
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<item rdf:about="http://drf.com/news/racing-sport-ropes">
    <title>Is racing a sport on the ropes?</title>
    <dc:date>2011-01-27T21:32:17+00:00</dc:date>
    <link>http://drf.com/news/racing-sport-ropes</link>
    <dc:creator>jnchapel</dc:creator><description><![CDATA[“Some of the weakest tracks got slot machines,” Waldrop said. “Those tracks probably should have been out of business a long time ago. So we’re taking a well-known, widely distributed product with a great brand and replacing it with a less well-known, less widely distributed product. Horseplayers are not gravitating to those products.”]]></description>
<dc:subject>horseracing business-of-racing handle purses economic-indicators</dc:subject>
<dc:identifier>https://pinboard.in/u:jnchapel/b:00d48830d77d/</dc:identifier>
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<item rdf:about="http://racing.courier-journal.com/2010/07/trainer-on-keeneland-purse-cuts-it-just.html">
    <title>&quot;It just shows how desperate we are&quot;</title>
    <dc:date>2010-07-03T01:19:45+00:00</dc:date>
    <link>http://racing.courier-journal.com/2010/07/trainer-on-keeneland-purse-cuts-it-just.html</link>
    <dc:creator>jnchapel</dc:creator><description><![CDATA["Citing a drop in its famed horse auctions (more than 50 percent in 2009 from 2006) and in betting last spring (down 7.8 percent while attendance was down only 1 percent), Keeneland eliminated two stakes and trimmed others to absorb most of the cuts of what it said in a release was 'a little more than $1 million.' The track also cut stakes by $600,000 during the 2009 spring meet and $275,000 last fall."
]]></description>
<dc:subject>horseracing kentucky purses business-of-racing</dc:subject>
<dc:identifier>https://pinboard.in/u:jnchapel/b:24a58c383e96/</dc:identifier>
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<item rdf:about="http://www.thoroughbredtimes.com/racing-news/2010/March/03/Road-to-the-Triple-Crown-Richer-routes.aspx">
    <title>Road to the Triple Crown: Richer routes</title>
    <dc:date>2010-03-04T12:26:30+00:00</dc:date>
    <link>http://www.thoroughbredtimes.com/racing-news/2010/March/03/Road-to-the-Triple-Crown-Richer-routes.aspx</link>
    <dc:creator>jnchapel</dc:creator><description><![CDATA[... explain so well the emphasis on 3YOs. "Even without the UAE Derby, purses for graded prep races in the U.S. will be worth $11-million this year, a 32.3% increase from a decade ago. Deflated total purses in North America declined 13.6 % from 2000 to '09."
]]></description>
<dc:subject>horseracing kentucky-derby prep-schedule purses</dc:subject>
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