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Originally Posted by jms62
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Dear JMS62 : Thank you for sharing this article from Paulick Report. Very useful to see the overall handle increase from Gulfstream during the Championship (Winter) Meet. Some questions that I know you (or any of us) will not be able to answer, but are asked none the less.
[1] During the two-week NYRA weather shut-down in January, how much did Gulfstream benefit in handle? Probably on the order of $7M-8M per day - so let's say that contributed about $70M to the difference in Gulfstream handle.
[2] How long did it take the NYRA/Gulfstream balance to resume during the third and fourth weeks in January? In other words, the weather did cost NYRA following and that had a longer term impact. Let's say that contributed another $20M in handle.
There is the $90M difference. Now, to disclose bias which is only fair, I do not wager a single dime on Gulfstream in the Winter Season. Jason, Acacia, and others try to lure me, but it just isn't my cup of tea.
If you had to bet on the future of horse racing investment, are you backing Stronach or NYRA? The harness racing game has taught us (via the Meadowlands) that when the keystone falls, the game collapses. Stronach is NOT a keystone in this discussion.