{"title":"高等钱包和马里兰赛马","authors":"Jeff Hooke","doi":"10.2139/SSRN.2386990","DOIUrl":null,"url":null,"abstract":"This short paper reviews the distribution of Maryland thoroughbred racing purses for 2007. It shows the majority of purses go to out of state owners. The upcoming Maryland referendum on slot machines allocates up to $100 million per year to higher purses. The rationale is based upon the often stated, but unproven, premise that higher purses stimulate racing and breeding activity, and increase Maryland greenspace. The referendum has few provisions that will reverse the out of state dynamic, so a large portion of the purse subsidy will go out of state.","PeriodicalId":132360,"journal":{"name":"ERN: Other Political Economy: National","volume":"6 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2008-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Higher Purses and Maryland Horseracing\",\"authors\":\"Jeff Hooke\",\"doi\":\"10.2139/SSRN.2386990\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This short paper reviews the distribution of Maryland thoroughbred racing purses for 2007. It shows the majority of purses go to out of state owners. The upcoming Maryland referendum on slot machines allocates up to $100 million per year to higher purses. The rationale is based upon the often stated, but unproven, premise that higher purses stimulate racing and breeding activity, and increase Maryland greenspace. The referendum has few provisions that will reverse the out of state dynamic, so a large portion of the purse subsidy will go out of state.\",\"PeriodicalId\":132360,\"journal\":{\"name\":\"ERN: Other Political Economy: National\",\"volume\":\"6 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2008-08-15\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"ERN: Other Political Economy: National\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/SSRN.2386990\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERN: Other Political Economy: National","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/SSRN.2386990","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
This short paper reviews the distribution of Maryland thoroughbred racing purses for 2007. It shows the majority of purses go to out of state owners. The upcoming Maryland referendum on slot machines allocates up to $100 million per year to higher purses. The rationale is based upon the often stated, but unproven, premise that higher purses stimulate racing and breeding activity, and increase Maryland greenspace. The referendum has few provisions that will reverse the out of state dynamic, so a large portion of the purse subsidy will go out of state.
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