Dateline 2031. The horse racing enterprise in the United States has evolved dramatically in the past twenty years. About half the American racetracks that were in business in 2011 are no longer holding live racing; some are now exclusively simulcasting facilities and others are defunct. The foal crop is about 60 percent of what it [...]
Entries from November 2011
AMERICAN HORSE RACING IN 2031
November 12th, 2011 · 5 Comments
Tags: Horse Racing Business
VETERANS DAY 2011
November 11th, 2011 · 2 Comments
Horse Racing Business pays tribute today to all of the men and women, living and dead, who have kept America free by serving in the U. S. Military. Many current and past participants in horse racing have also heeded the call of their country in times of peace and war. A small sampling is as follows: James [...]
Tags: Horse Racing Business
CDI AND PNGI ARE WEALTH CREATORS
November 5th, 2011 · No Comments
Economic Value Added or EVA is a metric developed by Stern Stewart & Company that depicts how effectively a company is creating wealth for its stockholders. EVA is used by investors and some of the world’s premier firms. EVA analyses show that Churchill Downs, Inc. and Penn National Gaming, Inc. rate highly as wealth creators, [...]
Tags: Horse Racing Business