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Originally Posted by Charismatic1
Use slots to lower takeout. Tracks that have slots CAN significantly lower takeout because they have another influx of cash. This is a great opportunity to attract more wagering on your racing product and increase churn, handle, etc. I hope all major and most minor jurisdictions get slot machines as long as they are smart and take advantage of the opportunity. I think this is a pretty simple solution for the industry, but this is a stupid industry.
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But from a business standpoint, why hurt the bottom line by using slot revenue to HELP racing when the only reason to HAVE racing is to get slots in the first place? In other words, why cut into the profit?