Horse industry worries about plans to curb casino subsidies (The Associated Press)

Horse track operators and breeders are concerned the good times might be trotting to a close as some states move to rein in a lucrative subsidy that’s helped prop up their long suffering-industry. Twenty states divert a slice of casino and slots parlors revenue to help boost horse racing prize money, according to the American Gaming Association. Generally, the racing subsidies call for diverting a percentage of table game and slot machine revenues to a state fund with strict guidelines for how the money is spent.