People who make money in the horse industry often do it by offering support services. For instance, a farm may board horses who are recovering from injury or taking a break from racing. They may board broodmares and their offspring. They may stand stallions that belong to other people. A farm may offer training facilities. read more
In reality in Britain and Ireland, there are two groups who subsidise the whole industry. The owners of the horses, the majority of whom are either well off and can afford the losses, or syndicate members who pay a smaller amount as they share a horse. Both groups expect to lose money. read more
But Kentucky Horse Racing Commission rules forbid claimed horses running at any other track until the meeting from which the horse was claimed is over. So Jamgotchian sued on the basis of the claiming rule being a violation of the Commerce Clause of the U.S. Constitution. In a ruling handed down in late November, Jamgotchian lost. read more