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Originally Posted by GBBob
First..minor point, but ironically, this is probably a good time for this to be happening. While the ADW situation is certainly contributing to the handle decline, it is probably affecting a lesser percentage than if business were booming, relatively speaking.
Second, the above analysis just isn't comparable. Retailers control their own profit structure when they sell on line.Even if they sell through Amazon or a third party, they still determine their profit margin. To Steve's point, this fight is because horseman, tracks and ADW suppliers DO understand what is at stake. It is narrowminded to just suggest that the Horseman are at fault for not accepting what the tracks and ADWs want. There will always be a symbiotic relationship between the three factors, but for the horseman ( and we're not talking Pletcher and Assmussen here) do you really think they are losing sleep because the bettor can't wager on CD? If the deal in place doesn't make financial sense in the first place, then why continue to support a losing cause?
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No, I don't think any horseman really care who can and who cannot bet on what and where. I'm not even saying it would be nice if they did. But, no symbiotic relationship can survive long term when the brunt of neglect is put on the consumer. That can't be denied. You cannot continue to kick the dog in the head and just expect it will return every time...just to likely get kicked again.
That's the issue. The parties that squabble DO understand the importance and proceed to bungle the best way to take advantage of it and the ideas to move to an end goal have included high levels of exclusion and lost money. If those parties with their hands in the pot don't lose sleep over it now, that's fine, but if it continues, they likely will.