US race tracks try to counter falling profits
Tracks turn to betting machines and hosting their own online gambling websites as revenues flag.
Published On 13 Jun 2012
Horse racing fans in the US were disappointed when hopes of the first Triple Crown winner in 34 years were dashed by the sudden retirement of “I’ll Have Another”, due to injury.
The excitement stirred by that colt has not changed the worrying prospects for the US horse racing business, however.
Race tracks are trying to overcome the odds by gambling on more ways to attract bettors.
Al Jazeera’s Tom Ackerman reports from Virginia.
Source: Al Jazeera