theyoungbloody t1_jaccqh3 wrote on February 28, 2023 at 12:34 PM

Reply to comment by S-Kunst in High costs of three-year delay complicate efforts to move forward on Pimlico, Laurel Park redevelopment by GovernorOfReddit

https://www.bizjournals.com/baltimore/news/2018/05/14/report-orse-racing-adds-500m-to-marylands-economy.html $500 Mil just for racing, and $1.3 Bil. Plus 5 years of inflation, sounds like it isnt dead.

Dontaskmeaboutnam t1_jacq87k wrote on February 28, 2023 at 2:29 PM

>The 2018 Economic Impact Study produced by the American Horse Council

Industry Group reports that Industry is good. Asks for further state subsidies. Politicians agree.

theyoungbloody t1_jacw67i wrote on February 28, 2023 at 3:11 PM

I get it's an industry reported figure and they have reason to inflate things (using numbers reported to the government), but we are also comparing it to that one Redditor's opinion.

It's not an exact comparison, but until we get actual reported numbers and facts from a neutral source like a state agency, what else are we supposed to go off of?

Dontaskmeaboutnam t1_jacy31h wrote on February 28, 2023 at 3:24 PM

Off the idea that horseracing and major commercial sports in general is fucking stupid and a piss poor waste of taxpayer dollars.

If the Stronach thinks it’s a good business idea to race the ponies the Stronach group should do that. But the state shouldn’t subsidize them. Ditto with all other sportsball companies.

theyoungbloody t1_jacz383 wrote on February 28, 2023 at 3:31 PM

I'm not arguing you with that. Just that horse racing is still a major economic contribution to our states economy