An editorial from The Herald-Dispatch
HUNTINGTON, W.Va. — Declining interest in greyhound racing has put the industry’s future in West Virginia in doubt – at least in the eyes of a consulting firm commissioned to study the issue.
Based on the findings of the consultant’s report, it may be time to end the state’s role in supporting the industry.
The $67,000 study by the Spectrum Gaming Group of New Jersey – commissioned by lawmakers last year – found that the economic impact of greyhound racing is about $30 million a year while state subsidies to the industry is nearly the same, at about $29 million.
The consultants deem that narrow margin hardly worth the while, particularly considering that a sizable chunk of the racing purses subsidized heavily by the state go to out-of-state interests…