The Texas Greyhound Industry

Here are some quick facts about Greyhound Racing Industry in Texas as stated by the Texas Greyhound Association:

  • $167,198,756 – Total bet at Texas greyhound racing tracks last year.
  • 100,286 – Number of greyhound racing starters at Texas racetracks last year.
  • $5,729,025 – Total of purses paid at Texas greyhound racing tracks last year.
  • $768,396 – Total of purse incentives distributed to accredited Texas-bred racing greyhounds last year.
  • 3,255 – Number of greyhounds accredited as Texas-bred by the Texas Greyhound Association.

$724.6 million – Amount greyhound tracks contributed to regional economies across the United States last year

 

Overview Of The Texas Horse Industry

The horse racing industry is responsible for thousands of jobs and billions of dollars in added revenue to Texas. 
For more than a century now, Texans have been breeding horses for sport and recreation. The industry employs Texans across every major sector of our economy. From the hay fields that cover our state to the manufacturing plants that produce our textiles, chemicals and machinery, the horse industry is not merely the stables, trailers and tracks we think of, but an industry that plays an important role in the life of every Texan.
For more information about the Texas horse racing industry, visit the Texas Horsemen’s Partnership website atwww.texashorsemen.com.

 


Key Provisions of the Proposed Legislation

Operation of state-controlled video lottery machines at the thirteen licensed racetracks and on the three Native American Reservations

  • State government to receive 30% (estimated $1.2 billion) of the net terminal income for state services yet to be determined
    • $10 million to be used for the treatment of problem gamblers and the promotion of responsible gaming.
    • $10 million to the Governor’s Criminal Justice Planning Fund to be used to prosecute a variety of gambling offenses, including shutting down illegal 8-liner machines.
    • 2% to fund the Performance Horse Development Fund. From that fund:
      — 40% will be allocated to American Quarter Horse Association
      — 20% to National Cutting Horse Association
      — 20% to American Paint Horse
      — 20% to the Texas Department of Agriculture to promote the agriculture industry
  • A 12% allocation of net terminal income to purses, which will allow Texas the opportunity to be the #1 racing state in the U.S.
    • A percentage to the Accredited Texas-bred program that will allow Texas to have the best state horse-breeding program in the U.S.
    • A percentage for equine and veterinary research that will benefit all disciplines of the industry and allow Texas universities to once again be at the forefront in equine research
    • Revenue for adoption and retirement programs to care for and find “second careers” for horses and dogs that can no longer compete on the track or in the arena
    • Revenue to enhance medication testing and research programs
  • A percentage to the racetracks to foster economic development and create a thriving industry
    • The initial implementation of slot machines at racetracks will bring an additional $3.4 billion to the construction industry, which will bring another $89.9 million in tax revenue to the state.
    • The growth of the industry will also result in 36,000 additional permanent jobs
  • Guaranteed racing dates at each class I and II racetrack based on the 2002 calendar or, at a minimum, 50 live racing days or 500 races for Quarter Horses and Thoroughbreds, with Paint racing and Arabian racing sharing those meets.