Horse Racing

The guest lecture we were presented on the horse racing industry was very interesting to me. I would always watch them at casinos with my family so it was nice to learn more about them. I would go to Harrah’s in Chester close to my house. Horse racing has been around for such a long time and there are different ways they can race. People can either race trotters or they can race pacers. I was surprised to see that 46 % of horse owners have an income of 25,000 to 75,000 dollars. There are billions of horses that make this amount of money which is not that much. The oldest operating racetrack is 73 years old. This is surprising because some racetracks have been shut down because they were unable to fill slots. A big way for a horse to make a lot of money is for them to come in first place in a purse race. Horse racing is one of the oldest sports in history and is still going on until this day.

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