Yes, that gives them the whip hand to the detriment of the sport. Like the capital B in business - I doubt that Cheltenham stuck on the extra day because they thought it was in the best interests of the sport?
Not sure NH racing would exist without bookmakers. In parade rings before a race almost all those leading horses are wearing at least one item of bookmaker sponsored clothing and even the horses rugs usually carry a bookmaker logo
So no surprise IMO that the bookies call the tune
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