Quote:
Originally Posted by dalakhani
I agree with pretty much everything you say here. The model has to change. Is it possible that racing could one day thrive where handle is just a portion of the revenue as opposed to nearly all of it? And if it can't, we need to look into new ways to generate handle.
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How exactly could it change? What other revenue sources could there be? TV revenue? That is a pipedream.
Your last sentence is the key. No doubt that is the best way for the game to survive and thrive. Betfair is a perfect example yet virtually no one is pushing for it within the game and there really hasnt been a groundswell from the people who put the money through the windows either. And the depressing part is that not only would incorporating Betfair style gambling be difficult in determining how to split the income but will almost assuredly be opposed by politicians.
While I do understand that there is a certain percentage of woman that gamble and follow horseracing I simply dont believe that there is some huge, secret group of women that are waiting to be coaxed into going to the track.