Although popularity and profits at live racing Greyhound tracks continues to decline, seven states remain that still allow live racing. State ranking is in order of the most live racing tracks currently operating:
- Florida – tops the list with 14 live tracks
- Alabama – 4
- West Virginia – 2
- Iowa – 2
- Arizona – 1
- Texas – 1
- Arkansas – 1
Greyhound racing revenues have steadily declined over the last two decades making it one of the more unprofitable gambling enterprises. Increased social awareness and questions surrounding the conditions and treatment of racing Greyhounds plus competition from other forms of gambling have also contributed to the loss of popularity. Two states want to close their unprofitable tracks. Legislation in Iowa that allowed the tracks to open ironically prohibits them from closing them as well as strong lobbying from the Florida Greyhound Association on the economic toll the closings would have on that states’ families and businesses.
When a business ceases to be profitable and social awareness has attached a stigma to it, the reality of the situation is, the industry needs to wake-up and re-focus their energies and business plan to a profitable and innovative idea to generate revenue.