“There is all kinds of excess capacity in the market in terms of live racing, an oversupply of the market just about in every jurisdiction that I am aware of, and all face an eroding market share.
“So I think we just have to deal with the fact that, frankly, this industry is trying to feed too many mouths in all aspects of the business, whether it be racetracks, horsepeople, breeders. All components, I think, are oversupplied, and we have way too much excess capacity. I don’t think we can sustain this current level of participation, unfortunately.”
— Hugh Mitchell (above), CEO of the Western Fair Association in London, ON in the seventh in a daily series of quotes pulled from our Round Table Discussion entitled 15 Essential Ideas for Saving Racing. Dave Briggs’ Last Call Online column about the Round Table is available here. The entire Round Table Discussion booklet is available to download as a pdf by following this link and clicking on the “Now Available” item in the bottom left corner of the page.