Thoroughbred horse racing is an industry steeped in tradition. It is a unique combination of athletic competition, entertainment and gambling. Although the thoroughbred racing industry has always presented the individual investor with the opportunity to participate in the excitement and potential rewards of ownership, thoroughbred horse ownership has historically entailed an exceptionally high degree of risk and expense. For the investor, entry into the industry meant hiring a trainer, purchasing one or more horses, paying training and operating costs, and assuming the risk of an essentially random chance for success.
Recent changes in technology and regulations have improved the racing industry’s competitive position compared with other sports and gambling attractions. Full card simulcasting, phone and internet betting allow the consumer to enjoy the thrill of racing at his or her convenience. These changes have greatly expanded the potential market for horse racing and have significantly increased industry revenues. As a result, tracks have begun to compete to attract better quality horses in order to broadcast a superior product. This competition has sharply increased the purses offered by tracks to winning horses. Simply put, there is now more money available to be won by high quality horses, a trend which promises to continue and accelerate.
Kevin Scatuorchio and Bryan Sullivan have formed Let’s Go to capitalize on this rapidly changing environment and provide investors with an extraordinary opportunity. Let’s Go’s business plan is designed to decrease the random nature of the selection process, thereby significantly increasing the odds of financial success. Let’s Go undertakes all managerial facets of the business allowing investors to savor the thrill of owning thoroughbreds at the highest levels of competition.
