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The Greyhound racing industry is composed of three basic segments: |
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The Greyhound Racetracks
Each racetrack is licensed by the state racing commission to conduct pari-mutuel Greyhound racing in accordance with the rules set forth by the state racing commission. The racetrack does not own, breed, buy, sell or race any Greyhounds. |
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The Contract Kennel
The kennels are contracted by the track to race Greyhounds. Each kennel agrees to provide a number of active Greyhounds, usually 30 to 50 in number, to race at the track. In return, the track provides kennel space on the grounds for the Greyhounds to be housed. The kennel receives purses based on a percentage of the mutuel handle and the performance of the Greyhounds. Some contract kennels own all of the Greyhounds they race, while others lease the bulk of their Greyhounds.
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| The Greyhound Owner
The owners are either breeders, or they purchase Greyhounds from breeders. Some Greyhounds are bought as young pups, while others are bought when they are ready to race. The price of Greyhounds varies according to age and breeding. When Greyhounds are ready to race, they are then leased to a kennel who is contracted by the track. From this point on, the kennel is responsible for all expenses incurred for the caring of these Greyhounds and the kennel then pays the owner a percentage (usually 35 percent) of the purses the Greyhounds earn.
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| ©2008 The National Greyhound Association (NGA) and the American Greyhound Council, Abilene, KS