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Bessie Gruwell Executive Director Delaware Thoroughbred Horsemen’s Assoc.

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Presentation on theme: "Bessie Gruwell Executive Director Delaware Thoroughbred Horsemen’s Assoc."— Presentation transcript:

1 gruwellb@dtha.com Bessie Gruwell Executive Director Delaware Thoroughbred Horsemen’s Assoc.

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

3 State Government 62 Senators and Representatives Lobbyist PAC Fund

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5 1994 Horse Racing Redevelopment Act To help resuscitate our ailing horseracing industry. Generate revenue for the state budget

6 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

7 Sports Betting Delaware is one of four states exempt from a federal ban enacted in 1992. Montana Nevada Oregon Delaware (only state East of the Mississippi)

8 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

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

10 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

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


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