In the state of California, the handles and starts are down over 55% in the last 26 years with an average of -3.4% YOY. The industry also kills an average of 1.5 horses per week for the last 6 years, just at the tracks in California alone.
I'm intentionally leaving out the 2019 fatalities, as that year would push the average above 2.25 horses dead per week, and was a bit of an outlier.
Basically, the industry is dying, and the tracks are more valuable as developable land.
#KillRacingNotHorses