Horse racing at the Big Fresno Fair this fall may be cancelled.
The California Authority of Racing Fairs (CARF) announced that it will not submit future race meet applications for the summer.
Driving the news: CARF said the decision was based on financial challenges facing the organization in the recent Golden State Racing meet in Pleasanton, as well as other obstacles facing the horse industry.
What they’re saying: “While this marks a difficult and challenging moment for the Northern California live racing community, CARF will continue to support its satellite wagering members and explore all possible avenues to support the California Horse Racing Industry,” CARF said in a statement. “CARF remains dedicated to serving all of our member fairs and their communities.”
What we’re watching: Individual county fairs are still able to apply for a license for live horse racing from the California Horse Racing Board despite the decision from CARF.
By the numbers: Horseracing at California fairgrounds has been a lucrative industry for decades, with nearly $20 billion wagered in total from 1987 to 2024, according to CARF.
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