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CAMBRIDGE, ONTARIO (CNN) - The collapses of Ontario’s horse racing industry may lead to the deaths of thousands of thoroughbreds.  The worries began when the province abruptly announced in March it was ending the slots revenue sharing program with racetracks.

"Somebody is going to get paid to have slot machines and why not a local industry that provides sixty thousand families employment."

At this stable, that means uncertainty about the future.

"It would be irresponsible for me to go out and spend money and not know if the rug is going to get pulled out from underneath me, it would be silly."

Mike usually buys about 12 horses a year from breeders...paying twenty to sixty thousand dollars each. Not this year. He may be in the market for just one good horse. For many horses and the people who care for them, it could be the end of the line.

"If there's no turnover those horses are going to have to find, the slaughterhouse."

"It’s an industry that employees thousands of people and provides benefits to the rural economy in Ontario."

"I have five to six employees, i have two trucks and two trailers valued at 80-to-100,000-dollars and I spend my feed bills, five thousand dollars a month and all these things add up and this trickles down to a lot of different people."

People like Deb Rozon.

"I enjoy getting up and coming to my job and having the enjoyment of racing them and raising them."

And Deb's biggest fear is the welfare of these animals.

"It’s not fair to these animals as well, them being euthanized because there's nothing for them to do."

Ontario premier Dalton McGuinty says that nothing is final yet... And the province does not support mass euthanasia of horses.

He said Ontario must find a better way to transition out of the slots at racetrack program.