. >> tom: phillip van heusen parent company of izod is benefitting from that and other trends, stock price up. different racing, horse races used to be the sport of kings but had a tough time. what happy is-- shape is this industry in. >> which got a great movie with secretariat, the kentucky derby and triple crown, five weeks of the year. what about the other 47. new swrersee looks at the right way. the meadowlands, big tracks there. they said let's consolidate, maybe shut them down, privatize. they are losing $17 million a year in the answer is maybe these raceinos. >> tom: combination race track, casino, church hill downs the best known household name with horse racing. ticker chdn. up 10% in the past if months. half refts news from horse racing but growing percentage, 25% from gaming. is this a business model that has long-lasting, long last work. >> if the horse racing industry is floundering to mix an animal metaphor the bottom line of it all is there is space here and 4500 slot machine as proved for aqueduct, that is a money licence to steal. in essence, $60 million to subsidi