actually they are both thriving
this is a win/win
a true partnership
see folks some states/governors get the model such as kentucky
the issue with casinos is they drain money from citizens( nobody wins at them) who then cannot spend money in other areas that actually have an economic multiplier effect on their economy
and how much downstream benefit or jobs does a casino create, very few, how many people needed to operate a slot machine
so the folks in Kentucky create a partnership between the tracks and the casino
in return for allowing the casinos to set up the state mandate a % of their take gets funneled into racing
why??
because racing supports and creates jobs ( farmers, grooms, vets, equipment manufacturers, truckers etc and those people spend money in the economy building a strong tax base
