- Associated Press - Monday, January 26, 2015

CHARLESTON, W.Va. (AP) - A study commissioned by state lawmakers says greyhound racing subsidies are a bad investment and should be eliminated.

According to The Charleston Gazette (https://bit.ly/1Ct0pOZ), the $67,900 state study says casino video lottery profits make up 95 percent of West Virginia greyhound racing’s revenue.

It suggests letting casinos keep the money, letting the state use it, or a combination of both.

In 10 years, wagering has fallen 55 percent, from $35 million in 2004 to $15.8 million in 2013.

The study says 618 are employed in greyhound racing in West Virginia. It says the losing those jobs would have a negligible effect on state unemployment, and some employees could find work with host casinos.

The Spectrum Gaming Group study says 63 percent of purse funds went to out-of-state owners in 2013.


Information from: The Charleston Gazette, https://www.wvgazette.com

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