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Old 02-23-2014, 06:04 AM
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Cannon Shell Cannon Shell is offline
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Join Date: Aug 2006
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Quote:
Originally Posted by DaTruth View Post
All CDI cares about at FG is the slots operation. That is why they bought the track in the first place and "saved" the day after Krantz was found accountable to the horsemen for additional millions in video poker money. CDI may not care about being embarrassed, but they don't want to risk damaging their slots golden goose.
While your assertion is surely correct letting the racing product deteriorate to the point it has isnt good business. Why not having two thriving business models under the same umbrella? Because they are disingenuous and want racing to fail. They look to pick fights with horsemen to use against us when crying to politicians that we are unreasonable and not deserving of our slice of "their" pie.
They arent alone in incorporating this strategy.

Far too many people in this industry and I'm including bettors in this group are just plain naive in understanding what is going on behind the scenes in upper management at many tracks throughout the country. They scratch their heads and wonder why tracks dont do this or do that. They get lured into believing that regulatory issues are somehow holding the sport down. They fall in line behind stupid movements that sound logical to them on the surface but fail to see the underlying doom that movement will cause. In the end the giant pink elephant in the room is that a lot of tracks want live racing to fail at their facility. They figure that even in the case of a track w/o a casino that ending live racing but continuing simulcasting (assuming the state wont want to lose those revenues and if there are no horsemen left who will fight them?) will be profitable as the cost of running a backside is not small. Why do you think management at the tracks in PA have left takeout at such ridiculous level? People blame the horsemen and in fact the horsemen are stupid in not demanding change but these groups are dysfunctional organizations of mostly volunteers and people looking for be on the "inside". They have little to offer outside of fighting for horsemen on issues they understand. Penn National Gaming is a multi-billion dollar gambling company. Do people really think they aren't aware of the issues involving high takeout levels? Really? They DONT WANT you to bet Penn National. They'd rather see racing deteriorate so eventually they can look to pull the plug and just have a casino. CDI looks like they are pretty much going don the same path.

Sorry for the rant so early in the AM
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