.Thoroughbred racing has been stumbling since the sport
lost its near-monopoly on the gambling dollar more than 30
years ago�to state lotteries, �mushrooming casinos,
riverboats and now Internet poker. But that�s only half the
story.
The other half of what ails �racing is told in blunt detail
by Jim Squires in �Headless �Horsemen.� (Amazon:
http://xrl.us/Horsemen1 ) He �describes a cluster of
problems: a small club of blueblood �owners who preside
over racing as their personal fiefdom but who do nothing to
save it; a staggering �proliferation of illegal drugs,
juicing up the performance of horses but depressing betting
confidence; and sales rogues who artificially increase the
level of bidding on horses at auctions and inflate prices
in private �acquisitions, thus duping the unsuspecting and
�discouraging newcomers from entering the business..
Continued: http://xrl.us/Horsemen2
agree but that was posted about two weeks ago here
Our sport needs MORE Vanderbilts, Wideners, Whitney's, Mellon's, and
Phipps's not less! Horse Racing suffers from too many little guys
without money running state breds and cheap bred claimers. The Derby
and B.C. races are more popular than ever! But I do agree about the
chemists getting involved and unscrupulous trainers who use their
"products."