Wednesday, September 29, 2010

Agriculture Commissioner candidate J.B. Powell Calls for Breeders’ Cup World Championship in Georgia

JB Powell, running for Agriculture Commissioner, calls for the Breeders’ Cup World Championship to be hosted in Georgia after horse racing is legalized.

“Today, I called the Breeders’ Cup and expressed our interest in bringing the Breeders’ Cup World Championships to Georgia as soon as we legalize horse racing” said JB Powell. “Georgia has hosted major sporting events including the Olympics, the Superbowl and the World Series, and Georgia would be a perfect location for one of the biggest horse racing events of the year.”

The Breeder’s Cup World Championships is a prestigious horse racing event that attracts the best horses from North America and Europe. Like the Olympics, future sites are selected by a committee that evaluates a state’s ability to host such an event. With experience hosting world sporting events and a strong hotel industry, the only thing Georgia needs to capitalize on this opportunity is to legalize horse racing in Georgia.

The Breeders’ Cup historically generates in excess of $50 million in annual economic impact for host states.

“Georgia could really benefit from $50M being spent here if we host the Breeder’s Cup” said JB Powell “and as Agriculture Commissioner, I will work bipartisanly to give Georgia voters the chance to legalize horse racing and bring major horse racing events to Georgia that help our economy.”

JB Powell has already publicly expressed his support for horse racing in Georgia, which could boost Georgia’s economy by up to $1B, create between 10,000 and 20,000 jobs and increase revenues to help offset state budget cuts without raising taxes on hard working Georgians.

Another bold, outside of the box idea from Powell.

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