Quote:
Originally Posted by jnunan4759
Linda Dougherty has a good article in theracingbiz.com. She's great.
The key point I got from it is that they are offering MidAtlantic 2/3 of the available rake. And it's not good enough.
I'd gladly take 2/3 of something it costs me virtually nothing to produce.
Remember that in PA, the casino law only dictates they have to do live racing.
Maybe that's the "End Game". Get rid of simulcast, get rid of OTB. Unfortunately, that would leave thousands of horseplayers with little or no access to ADWs and wagering. It would take a change in the law to do that.
Otherwise I don't understand it. I just think there are snakes in the grass.
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Coluld be the end game. At some point say that OTB and live racing "not profitable" and seek a change in the law to allow casinos to operate without a racing dependency.
Only question is what year it is attempted.