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#1
02-26-2015, 08:13 AM
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deal or no deal?
Where is Howie Mandel when we need him ?
Does not look like they miss our business either! saw this article this morning:  All-sources pari-mutuel handle is up 10.3% year-to-date at Tampa Bay Downs, which puts the Florida racetrack on course to average more than $4 million per day and finish with its highest wagering total since the 2010-11 meet. Isn't this the second time Monarch offered the signal but Mid-Atlantic refused the offer .  
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#3
02-26-2015, 09:36 AM
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Quote:
__________________
"A person who saw no important difference between the fire outside a Neandrathal's cave and a working thermo-nuclear reactor might tell you that junk bonds and derivatives BOTH serve to energize capital" - Nathan Israel
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#5
03-03-2015, 07:59 PM
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I don't have any inside info, but I have a feeling it might be settled by this weekend or shortly thereafter. I told people in Dec. it was going to go to March and I'm sorry I was right. I just never had a good feeling about this and the money is really not the issue. If it was, it would have been settled a long time ago. It's not a lot of money and these tracks (mostly all casinos) don't generate or make a lot of money on this. I'd be surprised if most of these Mid-Atlantic tracks make more than 2 or 3 thousand a day on these signals. Only makes sens on the inside and we're not there and don't have the inside info. I really think it's related to those tracks not wanting racing, just casino business and they are obligated by law to hold racing (not simulcasting. Think another part in the puzzle is the jockey liability issue, which goes on Mar 19th. Really think that Parx wants the jockeys to not sign and then go to the state to force the casino to operate. As the law is now, if they don't race, the casino closes. Same if the horsemen don't sign an agreement, the shut down the casino, which is huge money for both Parx and the state.
This is most probably a raw deal for the jockeys. They sign over any responsibilty to themselves and work as "at risk" contractors. Park would abdicate any responsibility for incidents. This is a result of the "chickens" on the track lawsuit.
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#6
03-05-2015, 11:21 AM
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wishin & hopin
snowed in here in Philly and had time to check out the entries for Saturday's Santa Anita & Tampa Bay cards , both look very good and definitely would enjoy a turf club or Parx visit to cure my cabin fever . is there any chance this is settled ? thought the Meadowlands plea would spur the "co-op" .
wishin & hopin to quote Dusty Springfield via Burt Bachaharach, geez look what they have done to me ! 
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#7
03-05-2015, 10:40 PM
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I haven't heard anything new this week, but the jockey situation would seem to make the situation more dire, at least at Parx. Not sure how that will shake out, but am fairly sure the Jockey's Guild will take a stand against it, because the waiver seems to be very broad. In the past, these jockey things have gone all kinds of ways, mostly because most jockeys don't make much and need to work. In the past, it's been dicey.
I'm not sure what the rammifications are with Parx and the casino. Most likely nothing, since ther is no union contract. I know if the Horsemen don't sign a contract, the casino closes. That's one reason we have 30% take out rates in PA. If the jockeys do force shutdowns, they'll cost the track money on the live card and the exported signal. However, I think it's rather insignificant when compared to the casino. The track is merely an operating expense for the casino.
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