Taxpayers' Big Bet On Horse Racing
New York is shelling out public money to keep the declining horse race industry afloat — and in 2023, it’s doubling down.
Kathy Hochul Bets Half a Billion on Horse Racing. Will the Industry Pay Her Back?
New York’s biggest racetracks have been declining for decades. They’ll likely need more state subsidies to cover their debts.
Sam Mellins · February 7, 2023
Hochul Projects Horse Racing Renaissance, Declines to Share Evidence
Hochul says it “goes without saying” that a taxpayer-funded track renovation will bring jobs and boost attendance. Her proof: an industry-commissioned study that she refuses to release.
Sam Mellins · February 22, 2023
Can Half a Billion Dollars Save New York Horse Racing? We Spoke With the Man Who Says Yes.
A conversation with consultant Shuprotim Bhaumik, whose firm wrote a study arguing that New York state can revitalize the failing horse racing industry by funding a $455 million track renovation.
Sam Mellins · March 1, 2023
The New Belmont Park Could Become the Country’s Deadliest Track for Horses
Dozens of horses die at the Long Island track each year. Governor Hochul — and now the state legislature — want to give it a state-funded renovation.
Sam Mellins · March 14, 2023
Half a Billion in the Bank — And Next to No One in the Stands
At Belmont Park’s opening day, local brass celebrated a windfall of state cash. Hardly any fans showed up.
Sam Mellins · May 8, 2023