Dollars and Sense: Texas-Sized Returns

 

At last thrown a relatively small bone by state lawmakers two years ago, Texas racing is taking full advantage.

In September 2019 Texas lawmakers approved legislation that would commit an additional $25 million to the state’s horse racing industry, split equally between Thoroughbred and Quarter Horse purses. Texas has made the most of that small investment.

While Texas is surrounded by racing states that boost purses with money from added gaming—Louisiana, Arkansas, Oklahoma, and New Mexico—it has found a way forward behind its equine and racing tradition along with a pair of quality tracks in major metropolitan areas built in the 1990s in Lone Star Park, in the Dallas-Fort Worth area; and Sam Houston Race Park, in Houston.

 

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