Here we go - CDI to cut purses

[ateamstupid]

Originally Posted by jwkniska

that one could be seen a mile away. Less being wagered, less being made by the tracks, so the purses go lower.

The difference was noticable bigtime derby/oaks day. win pools were significantly lower for the races not allowed to be simulcasted. Derby might have been ok, but the rest of the card's pools were way, way down.

That actually isn't true at all, at least for Derby day.

Wagering on the Woodford Reserve and Derby was down, while wagering on the rest of the card was up almost across the board.

[slotdirt]

I believe Belmont's signal is unavailable in something like 16 states right now for a variety of reasons. Maryland and Delaware happen to be two of them.

[docicu3]

Originally Posted by slotdirt

I believe Belmont's signal is unavailable in something like 16 states right now for a variety of reasons. Maryland and Delaware happen to be two of them.

Except you can wager on Belmont at Laurel unless things changed today.....no one seems to have a consistent answer.

[jwkniska]

Originally Posted by ateamstupid

That actually isn't true at all, at least for Derby day.

Wagering on the Woodford Reserve and Derby was down, while wagering on the rest of the card was up almost across the board.

the win pools on the early and late races had trouble even getting to $100k (at least that's what it said on the board at CD).

[PSH]

maybe to short Churchill Downs publicly traded stock......
Not sure if it has reacted already to the downside...
Symbol CHDN
52 week range 40-57. Current price of $43.50 down -$2.26 today in a bad market
Price/Earnings ratio high at 38.3 times....

[the_fat_man]

These 'cuts' couldn't be any worse than the 'cuts' on the CD website.

LUCKILY, there are other options with better service.

It's all good.

[Better Than Honour]

They are doing this partially because they want to make the argument for slots.
Churchill needs slots. Other than derby week they don't exactly have huge handles and they will have a hard time competing with places like the new track in PA that has slots.

I don't know if slots are the answer but the KY government is full of idiots. They basically allow a ton of KY money to go to Indiana and they have the perfect place for a casino in churchill, especially with the new boxes and the new facility they put together over the last few years.