I think slots are eventually a dead end for horse racing. Slots will eventually make it to other venues. In fact I dont understand, from a state funding point of view, why states dont just run em right next to the lottery at every convenience store.

I think the Ellis experiment in increasing handle by lowering takeout significantly is very interesting.

And I think racing still has a chance as I have watched to dot races (green, blue, red) at sporting events totally enamor people. Shocking, but the competition and the, "hey I picked the right color dot", reaction is still huge. Time after time.