Horse Racing Industry in Delaware

Mark Davis visited the class to talk about the impact and history of horse racing in Delaware. Horse Racing in Delaware Dates as far back to 1760s but it wasn’t until 1934 the Delaware Racing Commission was established, with the creation of Delaware Park following shortly after in 1937. Ten years later, “the Harrington Raceway was established and stands today as the oldest continuously operating harness racing track in the country” in 1946. Only 20 years later the horse racing industry took an impact and the Delaware Horse Racing Redevelopment Act was passed to help support the racing industry. The act allowed slot machines present at racetracks with part of the Casinos revenue going toward to purses for horse racing. When it comes to Harness and thoroughbred racing, Delaware regulates around 2,000 licenses a year for harness racing. Harness racing has 145 days with 2,000 races. Delaware also regulates around 5,000 licenses for thoroughbred racing. Thoroughbred has only 80 race days a year with 600 races.  One fact which stuck with me was the economic impact the horse racing had to the Delaware economy. The horse racing industry contributed $182 million and supported 1,540 jobs.  For every $100 spent in the industry, resulted in $182 of total spending in Delaware.

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