Analysis: Grim predictions as California horse racing remains at a crossroads
LOS ANGELES — The California Horse Racing Board was facing what could be its most consequential decision in its almost 90 years of existence. Will it try to save Northern California racing at lower odds for success and possibly putting Southern California in further peril with an outside chance it could work out for both? Or will it follow Kahneman's Theory and make the less risk-adverse decision and sacrifice the north in order to give the south a better chance of immediate survival?
That was the question it was asked to make at Thursday's marathon monthly meeting of the state regulatory agency in Sacramento. So, what did it do? It kicked the can down the
