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Originally Posted by 10 pnt move up
1. Given racing's track record why should I expect anything but the worst?
2. I know your using a hypathetical, but do you honestly believe they would lower takeout and raise others to offset that?
3. You dont think serious players in NY are upset with the 25% take? I certainly have always heard loud protest when New York raises the take out, I am surprised you don't recall those discussions.
4. Yea it is more flexibility, someone that is not comnforting to me, frankly because the State of California, the track owners, and the CHRB in the majority of cases give me little reason to think it has a positive outcome.
I guess I would compare it to the current discussions about using the "nuclear option" in the US Senate to bypass normal procedure, until it happens no ne should be concerned the loopholes are in place that it could happen? Sorry, if there is a problem I think its best to voice your concerns before you have to take it in the shorts.
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10,
1. While I don't know the players in CA as well as I know them in the East, I believe that there are many in track management that given the right opportunity will attempt to do the right thing.
2. I do think that a scenario exists (Hollywood Park) where a takeout reduction experiment can be attempted. And honestly, California rates are lower than almost anywhere in the country. Figure out where the revenue model is now first of all. Then, why not raise the take on P6 to 22-23% (from 20%) and drop it on P3-P4 to maybe 12% (from 20%) as a serious extended promotion to see what it does to handle. HANA and the takeout reduction crowd says it will drive handle up... Let's use this opportunity to prove it to the rest of the industry.
3. The NY thing was frustrating because Barry Schwartz was lowering takeout at NYRA tracks and the state screwed it up for everyone. I do not personally find the takeout onerous in NY.
4. Again, the bill was supposedly put together to benefit the fairs. I'll get Harper, Liebau and Charles on record as to DMR, HOL and SA's intentions, and let's see if we can motivate them to do something pro-active.
All the concerns are logical as the predictable outcome here certainly remains obvious, but as I am doing in concert with the Satish Sanan conversations weekly on ATR, I am eager to promote upbeat and positive influence on these kinds of scenarios by attempting to get players and fans to see the plus side of industry situations.
Because there is so much 'loss' and 'frustration' when playing the races, the overall mindset and approach of people around the game is negatively-tinged. We have to have a more positive outlook because not doing so only furthers the status quo and current malaise and ennui.