Breeder Awards Case Study: Maryland
Only a decade ago the state lost nearly 80 percent of its stallions, mares and foals to neighboring states that offered greater financial incentives. The decision in 2010 by the Maryland state legislature to invest slot money from casino video lottery terminals into the breeding industry is credited with helping to re-energize and revitalize the breeding industry in the state. In addition, the program had an enormous economic effect in Maryland valued at $1.6 billion and accounting for over 28,000 jobs. “Slots came to Delaware first, then to West Virginia and then Pennsylvania and all during those years we were advocating to our legislature that we needed to be competitive,” said Cricket Goodall, Executive Director of the Maryland Horse Breeders Association. “Maryland wasn’t able to compete at the racetrack and consequently in the breeding numbers because people were going where they could make more money with their horses.” The close proximity of…
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