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#1
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![]() Seems to be a tactic to pressure Stronach by eliminating those revenue streams ahead of a big handle day. Seems like scorched earth to me.
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#2
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![]() Yeah.. That makes sense. They failed miserably though given GP handle was up quite a bit (10+%) versus last year. I think that number shows they have momentum into the season from the successful 'Gulfstream West' moniker concept. Separately, on track they were up 36%.
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All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984. |
#3
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![]() Finally got around to reading my home e-mail, received this from Sam Houston
To All SHRP Simulcast Customers: Sam Houston Race Park is one of 23 members of the Mid Atlantic Cooperative. The Cooperative negotiates simulcast contracts on behalf of its member tracks. Monarch Content Management Company is another cooperative that negotiates simulcast contracts on behalf of its member tracks. The Monarch tracks include: Tampa Bay, Golden Gate, Gulfstream Park, Laurel Park, Los Alamitos Thoroughbred, Meadowlands, Portland Meadows, Santa Anita, and Turf Paradise. The contract between Mid Atlantic and Monarch has expired. Attempts at negotiating a renewal have so far been unsuccessful. Monarch is demanding rate increases in excess of 20% and other conditions that Mid Atlantic, on behalf of its 23 member racetracks, cannot accept. The result of this impasse means that starting on Monday December 1st, Sam Houston Race Park and all other members of the Mid Atlantic Cooperative will be unable to simulcast the Monarch tracks. The Mid Atlantic Cooperative remains committed to working with Monarch to arrive at an agreement that benefits all parties involved. We apologize for the inconvenience this creates for our valued SHRP simulcast customers. A reasonably priced arrangement is necessary so we can continue to provide you with current levels of service for the long term. Thank you for your continued support and understanding. We will keep you updated on this matter. Sincerely, Dwight Berube Vice President Sam Houston Race Park Not much left after that except for NYRA ![]()
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"Wise men talk because they have something to say, fools talk because they have to say something" - Plato |
#4
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#5
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#6
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#7
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The virtue of a man ought to be measured, not by his extraordinary exertions, but by his everyday conduct. Blaise Pascal |
#8
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![]() Thorough update by T.D. Thornton for TDN:
http://www.thoroughbreddailynews.com...nt.cfm?id=1478
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984. |
#9
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![]() Still status quo in PA with Parx and Penn Nat account holders and Turf Clubs all blocked on the Monarch signals. I went to a Parx Turf Club Friday and business all around was off over 60%. That's betting, food and beverage. I can't see that they can continue to operate like that for very long.
Add to that a restriction in the PA law that blocks residents by zip code from using ADW's and locks them into either Parx or Harrah's ADW providers, it takes out a bunch of wagers. I was able to get Harrah's Chester ADW access (which is through TVG) and now can bet GP. LRL and the others. That Mid Atl fellow said that bettors put $1B into the pool yearly and I don't doubt that. However, it's not bet on the Consortium tracks. I go to the Parx Turf Clubs regularly and I'll guess no more than 2% to 5% of money wagered goes to these Consortium tracks, and I think I'm being generous. None of us bet Parx or Penn Nat. I don't think there is any track in that Consortium that handles more than $1M in any given week of live racing. GP handled $9M on this Saturday alone. I don't know what's going to happen. I agree with Steve and others that the provider should get the majority of the revenue. They pay the bills and put out the product. So I'm OK the Consortium gets the majority of their product, however, that's not a very good product. Big result is that it takes a ton of simulcasting players out of the loop and it's probably more important to us than the disagree'ers. More to come, I'm right in this in Philly. Parx and Penn Nat eac. h have Turf Club (OTB) licenses and have each closed one for various reasons (bad neighborhood). To have a casino, they each have to have racing, but not OTB's. I can see them closing them down, with hundreds of jobs lost. |
#10
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![]() Went to delaware simulcast on Saturday? I had forgot about the dispute. Stuck with betting aqueduct inner track and Parx. Fair grounds was off the turf. Just an awful experience. Again the customer gets screwed
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