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    Artwork for Freakonomics Radio
    Episode

    653. Does Horse Racing Have a Future?

    Freakonomics Radio · Nov 14, 2025 · 1 h 02 min
    Episode page

    Thoroughbred auction prices keep setting records. But tracks are closing, gambling revenues are falling, and the sport is increasingly reliant on subsidies. Is that the kind of long shot anybody wants? (Part three of a series, “The Horse Is Us.”)

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