Quote:
Originally Posted by cmorioles
Right, this isn't exactly a surprise. Stevie Wonder could see it coming.
It is pretty sad that the money will supposedly be used to help education, i.e. the lower and middle classes, while at the same time that is exactly where the slots money is coming from in the first place.
In the end, racing is going to have to stand on its own, like it or not. In PA, I doubt they can. I'm not even sure if I hope I'm wrong to be honest. I do know we don't need two almost year round tracks and another that gives out insane purses for poor racing a few months a year.
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Racing will never be able to stand on its own without significant govt intervention. I told you this 2 years ago and it is more true now than ever.
You have interests hostile to racing operating tracks! You have competition from casinos everywhere. You have govt's bending over backwards to help casino intersts (see Revel in NJ) while actively working against racing.
There will be no racing without help anywhere. It is getting hard to convince people to breed and own horses at the current purse and breeding incentive levels. What do you think you will see with reductions? Contracting industries generally continue to contract till they are no longer relevant.