TALLAHASSEE, Fla. — By the numbers, greyhound racing in Florida is a net loser. Yet old state regulations force track owners to offer live races despite millions of dollars in losses.

It’s an odd distortion that has animal rights activists stepping in and championing free-market economics.

“If you leave this to the open market, Florida’s 12 tracks will shrink to four or five tracks within a year. Within a decade, there will be virtually none,” Carey Theil, executive director of Grey2K USA, told Watchdog.org. Grey2K is an organization dedicated to ending “the cruelty of dog racing.”