Fonner
Was horrified today to see Chris Korulak's comments that Fonner only get 3% of ADW bets. That is split between the Horseman's group and the track, so 1.5% each. From that 1.5% they have to produce the product.
Who makes the money ? TVG, Xpressbet and NYRABets. They are making big money on the backs of a small track who is making them tons of bucks.
There is no ADW wagering in Nebraska and they have a Keno outlet where they take about $25,000 in bets a day. He said they usually have 5,000 to 6,500 on-track on Saturday, where they get 100% of the handle.
So don't think Fonner is doing great. The ADW's are doing great. Could they give a bit back ? I hear crickets.
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