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-   -   Monmouth Handle Doubles! (http://www.derbytrail.com/forums/showthread.php?t=36238)

dalakhani 05-22-2010 09:55 PM

Quote:

Originally Posted by Cannon Shell (Post 650334)
Assume they made $4 or $5 million. Subtract that from the money the state supposedly lost on the tracks and the total is now 25% lower. We hear that racing is fighting for its survival in NJ yet a entity that supposedly only made a few million dollars statewide last year is going to pony up $16 million for another better parlor? Ok.

Its the jobs Chuck. NJ is opening up betting parlors for the jobs.

Cannon Shell 05-22-2010 10:00 PM

Quote:

Originally Posted by dalakhani (Post 650340)
Its the jobs Chuck. NJ is opening up betting parlors for the jobs.

Sure all 17 of them

slotdirt 05-22-2010 11:14 PM

Tomorrow's card also looks very bettable. That Spend A Buck Stakes has a bevy of options, and who doesn't love $82k NJ-bred races? $75k maidens? Monmouth is so onto something.

mnmark 05-22-2010 11:56 PM

Increasing the handle at ANY track has been extremely challenging for the last two plus years. The majority of tracks have seen a decline. For Monmouth to double there handle that they had last year in this marketpalce is unheard of.

Today was a huge success for Monmouth. They are either on something or onto something and I think they are onto something brilliant with what they have done to this meet.

100 k plus carryover on the .50 cent pick five another brilliant idea.

Coach Pants 05-23-2010 12:00 AM

Boutique meets can work if you force the slot states that had horrendous racing before the slots out of the game.

Indiana and West Virginia should stick to John Mellencamp concerts and jug-blowing.

philcski 05-23-2010 12:56 AM

Quote:

Originally Posted by Coach Pants (Post 650366)
Boutique meets can work if you force the slot states that had horrendous racing before the slots out of the game.

Indiana and West Virginia should stick to John Mellencamp concerts and jug-blowing.

LOL

Holland Hacker 05-23-2010 07:37 AM

I know an increase of 100% in handle and attendence is great news. Being the "doubting Thomas" that I am about NJ racing as I have seen it decline steadily since the NJSEA took over from the Hess Family. My question is how much did the handle increase on a per race basis? How many races were run last year on opening day versus this year. Lets not forget that Monmouth will have significantly fewer racing days while offering nearly the same amount of races. I would think the critical metric is handle per race rather than handle per day.

On the bright side I'm sure it is up but is it truly up 100%?

johnny pinwheel 05-23-2010 07:40 AM

Quote:

Originally Posted by HomerS (Post 650296)
Doubled it from what?

The primary reason Monmouth is on the brink of extinction is because of low handle in past years

Just has to be in context

If Washington Nationals increase attendance is their past low attendance not relevant?

ok. i'll put it into your narrow little context. the handle doubled and 8,000 more people showed up. this was not good enough. the crowd should of tripled and the handle quadrupled....yeah, thats more of a realistic view. without that, the media should of reported that opening day at monmouth was a failure......there , does that make you happy. while you are at it, stick a fork in monmouth...its over, people ONLY bet 4.5 million more this year on opening day! i better go jump off a bridge.

Danzig 05-23-2010 07:51 AM

it's only one day. i'd wait a while to see how it all unfolds before declaring it a huge success.

Kasept 05-23-2010 07:56 AM

Quote:

Originally Posted by Holland Hacker (Post 650395)
I know an increase of 100% in handle and attendence is great news. Being the "doubting Thomas" that I am about NJ racing as I have seen it decline steadily since the NJSEA took over from the Hess Family. My question is how much did the handle increase on a per race basis? How many races were run last year on opening day versus this year. Lets not forget that Monmouth will have significantly fewer racing days while offering nearly the same amount of races. I would think the critical metric is handle per race rather than handle per day.

On the bright side I'm sure it is up but is it truly up 100%?

2009: 11 races, 90 runners, $4,279,438 ($389k/race; $47.5k/horse)
2010: 13 races, 126 runners, $9,357,444 ($720k/race; $74.2k/horse)

2Hot4TV 05-23-2010 09:02 AM

Quote:

Originally Posted by Danzig (Post 650398)
it's only one day. i'd wait a while to see how it all unfolds before declaring it a huge success.

and see what it does to the other tracks across the nation.

johnny pinwheel 05-23-2010 09:24 AM

Quote:

Originally Posted by Danzig (Post 650398)
it's only one day. i'd wait a while to see how it all unfolds before declaring it a huge success.

ok. i'm sorry....it was a minor success. whats the difference? success is success vs. they did not change anything and had the same results as last years opening day....then the same people would be saying "monmouth is going under"........the glass is always half empty...a great way to look at life....sorry for being an optimist. oh yeah, it was only one day look at the fields and the players involved....the writing is on the wall. they won't come back next weekend or the one after either when the money starts getting bigger as the summer goes on. it won't take much more and they will surpass last year in no time....won't work, move along, nothing to see here

Coach Pants 05-23-2010 09:28 AM

Quote:

Originally Posted by Kasept (Post 650401)
2009: 11 races, 90 runners, $4,279,438 ($389k/race; $47.5k/horse)
2010: 13 races, 126 runners, $9,357,444 ($720k/race; $74.2k/horse)

Oh so it really didn't double. HUGE FAILURE. They should quit while they are ahead.

2+2 = 5

Travis Stone 05-23-2010 09:36 AM

Opening Day was virtually guaranteed a success giving the hype and buzz surrounding the meet, the pent-up demand of local racing fans who are used to seeing a live race a few weeks earlier and nice weather as well.

What a lot of folks seem to be missing, however, is that this whole plan is about streamlining for an entire summer, not just one day. Day #1 is a good start, but now as the meet wears-on, and the novelty wears-off, what happens? Then we'll know how well this consolidation move worked. It's early to declare it a rousing success, but early indications are certainly positive.

One day a meet does not make.

philcski 05-23-2010 09:44 AM

Quote:

Originally Posted by Kasept (Post 650401)
2009: 11 races, 90 runners, $4,279,438 ($389k/race; $47.5k/horse)
2010: 13 races, 126 runners, $9,357,444 ($720k/race; $74.2k/horse)

This is the important metric IMO. Race/race comparison.

randallscott35 05-23-2010 10:10 AM

Quote:

Originally Posted by Kasept (Post 650401)
2009: 11 races, 90 runners, $4,279,438 ($389k/race; $47.5k/horse)
2010: 13 races, 126 runners, $9,357,444 ($720k/race; $74.2k/horse)

:$::$::$::$:

herkhorse 05-23-2010 10:31 AM

Nice. A few more days like that and they could afford to fix their website.

Patrick333 05-23-2010 10:51 AM

Quote:

Originally Posted by HomerS (Post 650451)
Not sure understand all the emotion about this. Steven Crist has pointed out Monmouth going to need handle of $10 million a day to make the numbers work.

I guess that means he hates Monmouth too

Hang with it Homer. You are not alone.

Danzig 05-23-2010 11:15 AM

Quote:

Originally Posted by johnny pinwheel (Post 650421)
ok. i'm sorry....it was a minor success. whats the difference? success is success vs. they did not change anything and had the same results as last years opening day....then the same people would be saying "monmouth is going under"........the glass is always half empty...a great way to look at life....sorry for being an optimist. oh yeah, it was only one day look at the fields and the players involved....the writing is on the wall. they won't come back next weekend or the one after either when the money starts getting bigger as the summer goes on. it won't take much more and they will surpass last year in no time....won't work, move along, nothing to see here


well, sorry. just stating my opinion. didn't mean to step on any toes. and i'm a half full person as well, but this industry needs far more than one big day at monmouth.


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