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Old 06-18-2010, 08:56 AM
Travis Stone's Avatar
Travis Stone Travis Stone is offline
Oaklawn
 
Join Date: Sep 2006
Location: Louisiana
Posts: 2,229
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More on the topic...

http://www.thoroughbredtimes.com/nat...ur-tracks.aspx

This entire sport is stuck in a perpetual state/feeling of, "We know it needs to be fixed but let's wait for someone else to make the move."

Everyone can say what they want - horse retirement, drugs, past posting, takeout - but without a good product, the rest don't matter. And right now, racing's product is bad.

If racetracks start to "do the Monmouth" ... then at what point do smaller outfits start to leave the game? And from there, a large portion of the industry will fragment more, fall apart and that'll be it. Horse racing might exist, on a much smaller scale, but how can it compete with larger, more appealing forms of gambling/entertainment?

Horse racing is kidding itself if it thinks slot machines will always be there... we've seen a few whispers, and eventually, governments will say, "Hey, why are we giving $x million to horse racing, let's just re-write the law and use that for schools and other programs." What voter-base will turn that down?

Racing is leaking revenue... handle is down everywhere. Yes, it's up at Monmouth, but as an industry, it is down. Less money in the game is less money in the game, no matter how you slice it.
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