From the Michigan HBPA website…
LIVE HORSE RACING DESTROYED: The Michigan Gaming and Control Board (MGCB) advised the Michigan horse racing industry that the additional 20% will only permit regulation of EIGHT (8) live race days for the remainder of the fiscal year ending September 30, 2010. The simple explanation was that the budget only allowed funding for 104 live race dates and 96 have been run including 11 at Pinnacle last October 2009. The current message does not even come close to that issued to the industry by MGCB in early March. MGCB has indicated that Pinnacle will only be regulated for 3 days during the balance of the fiscal year.
Attempts continue to bring some sanity to this issue, unfortunately, the industry has not had any significant support from the MGCB to determine how daily regulation increased from $4,300 per day to $5,923 in 2010. They gave us a bill and refuse to itemize it. At this point, any restored days will need to come from our diminishing purse pool. The current decision has taken away 62 race days or 95.4%. The cost to restore all 62 days @ $5,923 is $367,226.00 that will devastate our purse pool. The HBPA board is scheduled to meet Wed and continue to address the issue.
Nothing else has come out regarding this announcement, but if there is a shred of truth to it, something seems very illegal about this whole situation. The constant shell game of race dates to be regulated and the cost to make up the ones that have been dropped makes the powers that be appear as genuine as an 1850s sharecropper.
Keep an eye out for updates.
UPDATE: The actions of the Gaming Control Board and the rest of the Michigan state government could set a frightening precedent for jurisdictions in other states. Regular commenter on this site Pacingguy further elaborates on the issue on his blog, View From The Racetrack Grandstand. Definitely a recommended read.
The Daily Racing Form has also put up a story about Pinnacle’s potential three-day meet, which can be read here.