Gambling and horse racing

Gambling sustains horse racing. Without it, horse racing would shrivel up and blow away. History tells us so. Think the Seabiscuit story, brought to the nation's attention in the excellent book and movie by Lauren Hillenbrand. Let's take a look at what American Experience tells us about the time period, By the time the Great… Continue reading Gambling and horse racing

Mitch McConnell rides a spooked horse — the racing industry

Sen. Mitch McConnell (R-KY). ©2020 Bloomberg Finance LP. Image by Stefani Reynolds.

We have been following the scuttlebutt this week since it was announced that Sen. Mitch McConnell (R-KY) has decided to ride to the rescue of horse racing. He is riding a spooked horse so not sure what he can do, but it appears he feels he has found at least part of the answer —… Continue reading Mitch McConnell rides a spooked horse — the racing industry