Economics

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Slow Growth in North American Purses

The boom from simulcasting is over and North American purses are now growing progressively slower every year like a freight train struggling up a mountain pass. The problem this time around is that the next mountain peak may still be a ways off, and the downhill side does not appear to be very steep.

Survey Shows Demographic Profile of Central Kentucky Horse Farmers

Fact or fiction: The typical Central Kentucky Thoroughbred farm owner has a palatial spread, hundreds of horses, and money to burn? According to the results of a demographic survey commissioned by the Kentucky Thoroughbred Association and the Kentucky Thoroughbred Owners and Breeders, it's fiction. The general population, though, may believe it to be true.

MRLS Losses, Executive Summary

The Department of Equine Business at the University of Louisville was commissioned by the Commonwealth of Kentucky, Office of the Governor, to quantify the economic loss to the Kentucky equine breeding industry resulting from the loss of a large number of foals to Mare Reproductive Loss Syndrome (MRLS) in 2001. Following is a summary of the detailed analysis contained in that study.

Crisis or Opportunity

By John R. Gaines -- The Chinese ideogram for "crisis" is the same as the Chinese ideogram for "opportunity." There is a certain wisdom in this.

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