Sign in or Subscribe See Offers. It does get a share of casino revenue, but most money in the sport comes from breeders and horse owners. GORHAM — In his Jan. Even the cost of running the Maine State Harness Racing Commission, a state panel, is paid for by the harness racing industry. The so-called subsidy is actually an agreement worked out among the harness racing industry, financier Shawn Scott and, later, Penn National Gaming to allow a casino into Maine by piggybacking on harness racing.

Because the state controls gambling at racetracks and casinos, the money from betting at racetracks and in the casinos funnels through the state government. The state of Maine takes a huge cut of this money.

Make More Money From Your Betting On Horse Racing With Racing Profits

Each year, 1 percent of the gross revenue from the Hollywood Casino is taken in taxes. Of the 46 percent of net slot revenue that the state takes from the Oxford Casino, a big chunk goes to public K and higher education. Unfortunately, a few lawmakers, including Fisk, a former legislator, think the state is entitled to any money that passes through its hands.

Once again, casino revenues are not citizen taxpayer dollars. They are from taxes on the casinos, the highest-taxed business in Maine. Some of the casino profits that are going back to harness racing are added to a fraction of the money bet at tracks and a sum paid by the Maine Sire Stakes horse owners to form the purses that horses race for.

This is a small fraction of the total cost of harness racing. Most of the money in harness racing comes from breeders and racehorse owners and goes to farmers, feed dealers, veterinarians, farriers, trainers and drivers. Cuffey is providing a good service. She is given retired racehorses, retrains them and sells them. Often the retraining is a donated service provided by volunteers. While this service is helpful, many racehorse owners care for retired horses themselves.

I have four retired horses at my farm at the how to make money racing horses. They will live out their lives here.

I invite anyone to come and see how they are cared for. I know other horse owners who keep or pay for retired horses.

Very few, if any, racehorses in Maine are sent to slaughter plants in Quebec, as Woodard reported and Fisk repeated. While I am sure that Mr. Fisk is genuinely concerned walt disney stock splits history the care of retired racehorses, he uses factual errors, misrepresentation of facts and blatant sentimentality to bolster his arguments, and in the process, does a real disservice to the many women and men who love and care for racehorses in Maine.

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