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Originally Posted by Cannon Shell
So it is ok to speak about my business but yours if off limits? Hey I may be a peon in the horse racing business but I am a face with a name. Why the sensitivity?
As for your take on closing tracks, it would be a great idea for track operators but I fail to see how racing Aqueducts meet at Belmont or Santa Anita's at Hollywood makes a difference in the quality of the product. Same crappy product, just now the same location. What you really want is the business forced to make drastic changes to itself and you believe that taking away slot money would make that happen. While that may play out in theory there are simply too many different variables to ever make that possible. Not that there arent isolated changes that have occurred or occasions where money will be taken away. But you are thinking globally here and racing is a local game.
The name of the game is handle. But slot money going to tracks doesnt chase players away any faster than if the tracks didnt have slots and some private operator right down the road did. It is a fallacious argument.
The ironic part is the vast majority of horseman support the bettors and their issues. A lot of them contribute tons of money themselves towards handle. But very rarely do we ever get any support from your side of the table. Not that it matters because the tracks and regulators dont really care, they have their own agendas.
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If you closed tracks you cut into fixed overhead. You sell off the land and hopefully reinvest it into the other property. Also you never get that until you take the bottle away from the baby it can learn to eat food.
This entitlement BS is holding the industry back. There are WAY TO MANY RACES