RI Race Track: Greyhound Racing a "Dying Industry"

Oh, I can't tell you how good this was to read (and write in a headline). From AP, via Forbes:
UTGR Inc., the operator of Twin River, filed Tuesday for Chapter 11 bankruptcy protection as it struggles to repay more than $500 million in debt. The facility will remain open as it restructures its debt, though it hopes to discontinue greyhound racing. . . .
Besides its debts, Twin River has been losing about $10.5 million a year from greyhound racing, said spokeswoman Patti Doyle. It plans to suspend racing after Aug. 8.
"We cannot continue to undertake it," Doyle said. "It's a dying industry" . . .
"I never thought about betting on the dogs," said Ron Audette, a 69-year-old who makes the drive from Fall River, Mass., twice a month to play video slots. "I don't think the dogs make it a big deal."
The faster this industry dies, the better.







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