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April 30, 2018

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W W W. M A I N E B I Z . B I Z 13 A P R I L 3 0 , 2 0 1 8 on races shown live on television from tracks out of state. In terms of racing's wider impact, USM researchers found that activity associated with the industry supported $57.5 million in total economic output in 2016, which includes $20 million in what owners spent on animal care and training, and $16.5 million in tourism spending. Today, Maine hosts harness races at commercial tracks in Scarborough and Bangor and at agricultural fairs. Scarborough Downs, recently sold to local investors but still run by the Terry family, employs about 60 and had a 2016 operating budget of $2.8 million, accord- ing to the Harness Racing Commission's latest annual report. In Bangor, the Hollywood Casino & Raceway Bangor is operated by Penn National Gaming Inc. (NASDAQ: PENN) and owned by Gaming and Leisure Properties Inc., a real estate investment trust spun off of Penn Gaming. e Raceway had 2016 operating costs of $1.7 million but undertook nearly $94,000 in capital improvements including $59,850 to upgrade the recreational-vehicle lot, $15,425 for a water truck and $9,500 on upgrading racetrack surveillance. Both tracks have trimmed their rac- ing schedules. Bangor Raceway will hold races 46 days this year rather than 54, while Scarborough Downs, no longer obligated to have 101 racing days, has gone from three days to two days a week. "We drove it down to make the com- petition better," says Michael Hopkins, who manages live racing in Bangor. "It P H O T O S / J I M N E U G E R C O N T I N U E D O N F O L L OW I N G PA G E » U N I V E R S I T Y O F M A I N E A T P R E S Q U E I S L E University of Maine at Presque Isle ★ www.umpi.edu ★ ONE OF MAINE'S PUBLIC UNIVERSITIES Participants should be 24 or older, have the equivalent of a high school diploma, and some prior college credit and work experience. umpi.edu/cbe STAY ON TRACK with our faculty & learning coaches EXPERIENCE COUNTS toward your degree FLAT TUITION RATE $ 2 , 000 per semester 207 768.9584 carolyn.dorsey@maine.edu 100% ONLINE Sign up now! It's your journey at your pace. DEGREE COMPLETION PROGR A M Accounting • Management and Leadership • Project Management B A C H E L O R O F B U S I N E S S A D M I N I S T R A T I O N MaineBiz_UMPI_qrtr.pdf 1 4/10/2018 5:44:34 PM Andrew Silsby, President & Chief Execu ve Officer Open our Premier Checking (business or personal) today and you'll support our local community. We target 10% of our income each year to go back to the communi es we serve. Doing business with us really does make a deposit back into our community. Banking with us makes a deposit back into the community." " Suppor ng Community We Make It Easy www.KennebecSavings.Bank Augusta (207) 622-5801 • Farmingdale (207) 588-5801 • Freeport (207) 865-1550 Waterville (207) 872-5563 • Winthrop (207) 377-5801 We're trying to see where we can get We're trying to see where we can get We're trying to see where we can get We're trying to see where we can get We're trying to see where we can get We're trying to see where we can get We're trying to see where we can get We're trying to see where we can get We're trying to see where we can get We're trying to see where we can get We're trying to see where we can get We're trying to see where we can get We're trying to see where we can get We're trying to see where we can get the most bang for our buck. the most bang for our buck. the most bang for our buck. the most bang for our buck. the most bang for our buck. the most bang for our buck. the most bang for our buck. the most bang for our buck. the most bang for our buck. the most bang for our buck. the most bang for our buck. the most bang for our buck. the most bang for our buck. — Henry Jennings Maine Harness Racing Commission Scarborough Downs announcer Mike Sweeney surveys the track. The Scarborough Downs paddock on opening day.

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