Arao Race Track in Kumamoto Prefecture, which has cumulative debts of about 1.4 billion yen, announced it had earned about 43 million yen in FY 2010. That’s the first profitable year for the track since 1997. One of the factors behind their profitability was a 30% reduction in payments to horse owners for placing their horses in races.
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- Arao Race Course Earns First Profit in 13 Years
Arao Race Course Earns First Profit in 13 Years
- Published: Jun 9, 2011 / Last Updated: Jun 9, 2011
