Horse racing attendance is in serious decline throughout the United States with some 15,000 fewer tracks than just 15 years ago;
Performance enhancing drugs and the number of accidental deaths among race horses has contributed to a growing perception of animal cruelty and may ultimately lead to the prohibition of horse racing;
The growth of legalized sports gambling and its potential introduction to Maryland over the next few years provides a significantly less expensive alternative to race track wagering, which certainly will negatively impact the overall racing industry.
Additional school funding, a new indoor arena for downtown Baltimore and an upgraded convention center are just a few of the city projects that have been proposed as capital improvements the city needs to undertake. And at the very least, would it not be wiser to use the $375 million intended for the race tracks to reduce property taxes for spurring economic growth throughout the city?