purse requirement

The North American International Cataloguing Standards Committee (NAICSC) met Thursday and voted to lower the minimum purse requirement for existing non-listed black-type races by 20% for the remainder of 2020. Given the negative economic impacts of COVID-19-related restrictions on available sources for purse funds, the minimum purse value for non-listed black-type races that ran prior to 2019 will be reduced from $50,000 to $40,000 for the remainder of 2020, and the minimum purse value for non-listed black-type races that ran for the first time in 2019 will be reduced from...