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Only in SA, the will never ban horse racing it makes far too much money. And it's one of the biggest industries in Aus.
Nor should they ban horse racing, provided that the treatment of animals is humane, that breeding is not excessive (which leads to culling) and that euthanasia should be a last resort after they have attempted to place a horse. IIRC most horses go to auction and pet food companies buy many. They are then controlled on how they may euthanize the animal.