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Originally Posted by georgewashington
Breeding makes the business go around. Do some research and see how much money and jobs are tied to the breeding business. People gamble on horses, football, casinos, etc. Horses are unique though because there is a multi billion dollar business in breeding.
The tax revenues for the sales of horses are huge. The revenues from gambling are often nothing. Some groups are non-profits and contribute nothing. In fact, some of these non-profits cost the tax payer money.
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This may be the most ill-informed post yet! (I'd say stupid but I dont want an $11 million dollar lawsuit) Breeding only exists because of racing, not vice versa. You are comparing tax revenues from the sale of horses to the gambling industry??? The revenues from gambling are often nothing??? Do you think that non profits like Del Mar and Keeneland just keep all the money? I can hardly type.....