Prediction from a few racing industry executives: If you're a racetrack without slot machines, you're doomed.
Kentucky Senate President David Williams said April 27 issues in the horse racing and pari-mutuel industry are "complicated," but lawmakers intend to continue working on ways to strengthen the business.
The United States Thoroughbred industry is making efforts to expand into the global marketplace but must get past its domestic-centric mindset, Breeders' Cup president Greg Avioli said April 26.
Because lack of growth appears to be one of the many issues plaguing the horse industry, the Kentucky International Equine Summit in Lexington hosted an April 28 seminar to tackle the topic and seek solutions.
Churchill Downs Inc. has invested $100 million in advance deposit wagering for a reason: The company believes it's the major growth channel for pari-mutuel wagering, as well as a means to drive traffic to the racetrack, CDI president and chief executive officer Bob Evans said.
The "Equine Economy in the 21st Century" will be among the topics during the inaugural Kentucky International Equine Summit 2008 at the Radisson Plaza Hotel in Lexington April 28 - 29.
The inaugural Kentucky International Equine Summit, designed to bring together an international audience to discuss opportunities and challenges faced by the global equine industry, will be held April 28-29, 2008, at the Radisson Hotel in Lexington.
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