Steroid scandals and the associated suspension of races did not scare away the loyal fans of the Iwate Prefectural Horse Racing Association (Iwate Keiba), as demonstrated by its recently-reported revenue returns.
In the six racing days held between November 24, when the suspension was lifted, until December 3, nearly 1.1 billion yen (about US$9.7 million) in betting revenues were collected, representing 8.3% more than the association’s original projections had anticipated. It was internet betting in particular which showed strong growth.
For the year to date, Iwate Keiba revenues are running 12.6% above the previous year’s figure, in spite of all of the recent troubles.
Yoshiro Chiba, the head of the prefectural reform committee, commented, “Although I was really worried, I am relieved to see these figures. I am very grateful to the fans.” (AGB Nippon)