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Old 04-27-2011, 10:43 PM
Travis Stone's Avatar
Travis Stone Travis Stone is offline
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Join Date: Sep 2006
Location: Louisiana
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Quote:
Originally Posted by PatCummings View Post
I see the cash coming in bigtime given the massive influx of on-track handle. They spent a little to bring the NYCOTB on track, and while Aqueduct in the winter ain't much, a 70% increase in your attendance will do wonders to your cash flow with all that on-track take.
The value of a $1 bet in the building, on the grounds vs. $1 bet from some facility 500 miles away cannot be emphasized enough. Most people don't really understand how significant it is. It's often up to 3x as valuable (if not more). Then when you factor in additional revenue via food/bev etc., it's a big deal.
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