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So racing shouldn’t be likely to be a giant supply of development for CDI, and, as the only participant in huge-league horse racing that’s a public company listed on the inventory alternate, CDI is below relentless Wall Road strain to point out larger and larger income and earnings. The opposite major gamers do not face the identical savage capitalist forces. NYRA is for all practical functions a not-for-revenue corporation, as is Keeneland; the Stronach Group is privately held and insulated from quick-term market strain, and all the remaining are, frankly, minor league. Thus, because it’s uncovered to raw market forces, CDI is maybe an early harbinger of racing’s future. In that case, that future is not shiny.
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