Quote:
Originally Posted by Cannon Shell
The longer terms problems would have been short term problems w/o them.
How do you think racing would fare if they built a casinos right down the road from the tracks and we got nothing but competition? While the tracks seem a bit like traitors now that they have morphed into gaming companies a whole lot of them would have surely went under especially when the economy went south. We may not like the direction that many have gone in but we cant race without them either.
I think that it is naive to believe that racing could have figured out some sort effective national strategy that would have stemmed the tide against casino's. Sports betting isnt that close especially if the Supreme Court declines to hear NJ's case. Not to mention that it is already easy to set up an online sports wagering account currently. Anyone who wants to make a wager on a sporting event in this country shouldnt have any problem doing so.
While there is no doubt that the money hasnt exactly been well spent, it is difficult to make a case that w/o slots revenue we would be in a better place.
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I dont agree with any of this.
I think we are much closer to legalized sports betting, state by state, then people think. Revenue streams are drying up and that apple is too big when big gov programs started to become unsustainable.
Racing should improve their product, their distribution, the takeout percentages. It would have grown under better management.
1. Why is it not legal in all 50 states to wager online? A stronger lobby and nationalized effort could have made this happen IMO.
2. Why is it that after HD has been out for 15 years or you cant even stream a HD telecast until recently, much less see it on TV. I can watch Youtube of some nobody in HD but I cant watch a sport that is mostly a television event with the best possible view?
3. Why cant we get it so the withholding threshold was higher so professional or recreational players do not have to wait sometimes a year to get their rightful money?
4. Takeout has been beaten to death but still, it should not be blended into the mid 20's. A first year math student could be presented the numbers and asked is this a good investment and they would laugh and say of course not.