Yet another track that is dead to me

[10 pnt move up]

I think they care, about what publicly traded companies care most about, which is maximizing profits.

Obviously not what we care about, or whats best for the sport. If they could charge 50% without losing money they would.

Why should tracks really care about long term players? I think thats archaic thinking and they know it.

[Cannon Shell]

Originally Posted by 10 pnt move up

I think they care, about what publicly traded companies care most about, which is maximizing profits.

Obviously not what we care about, or whats best for the sport. If they could charge 50% without losing money they would.

Why should tracks really care about long term players? I think thats archaic thinking and they know it.

This isnt about horseplayers or purses. It is about playing their hand to try to advance slots in KY. They didnt like the legislators recent ADW tax decision. They have seen a decade pass with no movement on casinos. Keeneland is putting in instant racing which CDI wont do. So they will simply try to make the racing scene as miserable as possible and return to Frankfort for a "fix".

Remember CDI is doing quite well despite the racetrack issues.

[joeydb]

Originally Posted by Cannon Shell

This isnt about horseplayers or purses. It is about playing their hand to try to advance slots in KY. They didnt like the legislators recent ADW tax decision. They have seen a decade pass with no movement on casinos. Keeneland is putting in instant racing which CDI wont do. So they will simply try to make the racing scene as miserable as possible and return to Frankfort for a "fix".

Remember CDI is doing quite well despite the racetrack issues.

I think you're close to the mark on this. They know it will hurt the racing, and don't care. If it demonstrably hurts the racing and forces the issue on casinos, so much the better for them. And someday they will wholly get out of racing once their slots are on every CDI property. Stranger things have happened in the business world.

[Pants II]

The "jumbotron" is an eyesore and has ruined the overall scenery of that once great track.

The CEO is such a tightwad that he refuses to get his teeth whitened. I guess he made a decision that he will not take care of his teeth until he makes over 20 million a year like the other robber bar...err CEOs.

Originally Posted by 10 pnt move up

I think they care, about what publicly traded companies care most about, which is maximizing profits.

Obviously not what we care about, or whats best for the sport. If they could charge 50% without losing money they would.

Why should tracks really care about long term players? I think thats archaic thinking and they know it.

If Churchill was the only track in the country to bet on, I would agree with you. There are plenty of other tracks that deserve our money with lower takeout. What makes CD product so great that I HAVE to bet on them. PASS.