New England’s last thoroughbred horse track winds down
BOSTON (AP) — New England’s last thoroughbred horse track is hosting its final live races this weekend, but it’s not clear what comes next for the heavily subsidized industry.
Boston’s Suffolk Downs was sold in 2017 to a real estate developer that plans to turn the site into a residential neighborhood.
But Sterling Suffolk Racecourse, the company that owned the track, hopes to refurbish the Great Barrington Fairgrounds in the Berkshires while continuing its simulcast betting operation in Boston.
The company is backing legislation allowing it to move forward with the plan. That bill and others related to the industry will be considered at a Statehouse hearing Monday.
Millions of dollars set aside for the industry from the state’s tax on casinos, meanwhile, continues to accrue in a special fund.