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Sat May 12, 2012
Failed Expanded Gambling Effort Felt At Churchill Downs
LOUISVILLE, Ky. -- Churchill Downs is seeing its shortest spring meets since 1975 and some owners, trainers and breeders fear they could get even shorter.
The Courier-Journal reports the 138-year-old track is facing horse shortages caused both by a decline in the number of thoroughbreds and the trend of entering those horses at tracks where casino revenue is boosting purses.
Chief Executive Officer Bob Evans recently expressed confidence that there will be racing at the Louisville track 138 years from now but said there might not be as many races as today.
The track has fought a losing battle in the Kentucky General Assembly to allow expanded gambling.
Louisville Mayor Greg Fischer said it was like having a company with the leading product in the world and watching it go away.