Yet another track that is dead to me

[parsixfarms]

Originally Posted by 10 pnt move up

Reading all the information it sounds like a sound business decision, if track revenue really is meaningless and this is just a means to an end who cares about track takeout related dynamics. They want slots and if thats the bottom line then cant blame them.

Maybe I am missing something here, but the argument long advanced by Churchill, Keeneland, KEEP and other racing-related groups is that they need slots in Kentucky in order to save/preserve what is one of Kentucky's signature industries. By taking this action, Churchill transparently shows that it cares little about horse racing. If I were a Kentucky legislator in light of that fact, I would view Churchill as little more than a gaming company whose headquarters just happen to be in Louisville. Why should they be entitled to have slots any more than a company like Penn National, or even one of the Las Vegas-based casino companies? For that reason, I'm not sure it is a sound business/lobbying decision.