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Originally Posted by cmorioles
I think it is a great move by Geary. Screw the horsemen. Overall, they are getting more than they deserve anyway via slot subsidies.
Just as there is far from any guarantee of making money betting, there shouldn't be one for being a horsemen either.
They want more money. Where does anyone here think that money is going to come from? ADWs won't stick around if they can't make a profit. Racetracks are the same. So, where would this "additional" horsemen's money come from? Of course the usual, the bettor will pay for it.
The game needs ADWs to survive. Do the horsemen honestly think people will come back to the track? Do they think we will open 15 separate accounts so we can bet on all the tracks? If so, they are idiots. The only hope they have is to get people to bet more money, not by making it harder to bet and taking more of what we do.
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I agree there is too much welfare (slot $) for horsemen.
At the same time, if ADW is the future, how can you criticize them for trying to get a bigger piece of that? And at the worst, what can happen? No more Ellis Park? It's not like there aren't other places to run or wager on.
Geary was screwed from the start. There will never be slots in KY because all the 4th generation politicians are all related to all the 4th generation fat dudes that run Keeneland. And slot machines are not in their interest. If there were going to be slots, they'd be there by now.