The Downs at Albuquerque is citing shrinking casino revenues and a nosedive in its live betting revenues as the reason it is cutting six major state races from its fall schedule. Downs racing manager Don Coos says there's been a steady downward revenue trend since July. The New Mexico Racing Commission approved the elimination of the six stakes races at its meeting on Thursday. The Albuquerque Journal reports the Downs' 54-day race meet includes 17 days of racing it conducts for the New Mexico State Fair. The fair started Wednesday and continues through Sept. 23. Two of the stakes races were set for this weekend. They included the $25,000 State Fair Queen Stakes set for Saturday and the $25,000 Mariposa Handicap for quarter horses set for Sunday.
ABQ Downs cutting race schedule
The Downs at Albuquerque is citing shrinking casino revenues and a nosedive in its live betting revenues as the reason it is cutting six major state races from its fall schedule. Downs racing manager Don Coos says there's been a steady downward revenue trend since July. The New Mexico Racing Commission approved the elimination of the six stakes races at its meeting on Thursday. The Albuquerque Journal reports the Downs' 54-day race meet includes 17 days of racing it conducts for the New Mexico State Fair. The fair started Wednesday and continues through Sept. 23. Two of the stakes races were set for this weekend. They included the $25,000 State Fair Queen Stakes set for Saturday and the $25,000 Mariposa Handicap for quarter horses set for Sunday.
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