Bessie Gruwell Executive Director Delaware Thoroughbred Horsemen’s Assoc.

State of Delaware 96 Miles long 36 Miles wide 3 Counties  New Castle County  Kent County  Sussex County

State Government 62 Senators and Representatives Lobbyist PAC Fund

1994 Horse Racing Redevelopment Act To help resuscitate our ailing horseracing industry. Generate revenue for the state budget

Department of Agriculture 2004 Delaware Equine Industry Study 2 nd Largest agri-business in the state Validities the value of horseracing to the state and its overall impact

Sports Betting Delaware is one of four states exempt from a federal ban enacted in Montana Nevada Oregon Delaware (only state East of the Mississippi)

Sports Betting / Table Games (Division of Revenue) 9.6% to purses on Sports Betting Table Game Revenue – TBA VLT (slot revenue) reduced to.9% – down from 10% since inception Approximately $2.6 million-dollar loss of purse money

Table Games Pressured and rushed with introduction Unexpected Used West Virginia model for split All agreements are 4.5% to purses at this time

Where are we now? Racino owners worried about their bottom-line State worried about their budget and revenue We – the horsemen – are worried about the survival of our thoroughbred industry

Breeding Programs & Incentives Contribution to state’s agri-business and economy Preservation of farmland Provide employment Supports other business – Farmers – Feed Stores – Blacksmiths – Veterinarians