As a multiple track champion I know a lot of people up that way.  I made the statement that nobody got busted out. My sources are telling me that all the farms are thriving up there.

I'll be staying up for a few days as I have stake horses racing I also will be visiting some of these farms.

The $10 mil for purses is so the state can keep the farms open that pay $75 mil in state taxes every year.  If you don't subsidize the actually racing, then the farms go away.  The state paying $10 mil to get $75 mil is a good tradeoff.

From a macroeconomic perspective, investing tax dollars in infrastructure yields a significantly larger, broader, and more sustainable economic benefit than spending them on horse racing.

While both investments stimulate economic activity, they function on entirely different scales and produce vastly different returns on investment (ROI).