Finley @ ESPN: Good times are over

[johnny pinwheel]

face it, the good times were over the minute racing NEEDED slot money. someone asks how the closing of tracks will be helpful to racing....its simple there are too many tracks (supply) and not enough betting (demand) to make it worth it....thats why tracks count on this vlt money. i'm from the era when tracks did fine on their own merit and product.......NYRA originally wanted nothing to do with VLT's. the fact that tracks need this revenue shows there is a problem. economics is not rocket science....when the herd is too big, the weak will fall....thats just nature. racing will HAVE to streamline or ALL the tracks will be gone. the ones that survive will be stronger if this happens. With all the VLT action going on, eventually they will see the same fate....how many VLT centers can be built and survive...they will have an awakening too....many times MORE is not BETTER. the politicians don't see horse racing as "too big to fail" so don't hold your breath for a government bailout.

[tector]

From prior experience I know Indian Charlie (the poster, not the horse) understands how a market economy is supposed to work. But past that I am not seeing much evidence of it around here.

So, YEE HAW, bring on the welfare!