SUN: Racing's media makeover paying off

[dalakhani]

Originally Posted by Cannon Shell

You are delusional to think that horseracing on a regular basis can market itself into 30000 fans. Honestly horseracing is pretty boring if you arent betting or have some sort of rooting interest.

And all of the fantasy revenue you just created goes directly into the pocket of the track, it doesnt help the grow the racing program or do a thing for those that actually do gamble except make things less conveinent.

Stronachs ideas for Gulfstream were ridiclous from the standpoint of the sport of horseracing. Perhaps for the bottom line of Magna they were great ideas but the idea that people are going to go to a mall, wander over to the track and become horseracing players is crazy.

Gulfstream has racing dates from the beginning of January until the end of april. It sits vacant for basically two thirds of the year. How is this economical if racing is the basis for all of its revenue? That sounds like a pretty poor business model to me. If I opened a restaurant, how am I going to make money if I'm closed two third of the year and when I'm open, I only fill 10% of my tables?????

Remember now, I still have to pay taxes on my swath of South florida real estate. I have to maintain it as well during those off months. How is this economically feasible?

[Cannon Shell]

Originally Posted by dalakhani

Gulfstream has racing dates from the beginning of January until the end of april. It sits vacant for basically two thirds of the year. How is this economical if racing is the basis for all of its revenue? That sounds like a pretty poor business model to me. If I opened a restaurant, how am I going to make money if I'm closed two third of the year and when I'm open, I only fill 10% of my tables?????

Remember now, I still have to pay taxes on my swath of South florida real estate. I have to maintain it as well during those off months. How is this economically feasible?

Again how does it help the racing product? They have a casino and restaurants within the racetrack that are open year round as well as simulcasting, and those things feed money into the racing product.

How is it economically feasible? You keep using projects that are bleeding money as an example of your vision of the future.

The real problem with Franks vision of Gulfstream other than him refusing to listen to anyone about anything is that the area didn't need more retail shops or restaurants, hence the place being empty. Everything sounds great in theory but the reality of the situation is that he is serving what is already overserviced EXCEPT for the racing product.

[dalakhani]

Originally Posted by Cannon Shell

Again how does it help the racing product? They have a casino and restaurants within the racetrack that are open year round as well as simulcasting, and those things feed money into the racing product.

How is it economically feasible? You keep using projects that are bleeding money as an example of your vision of the future.

The real problem with Franks vision of Gulfstream other than him refusing to listen to anyone about anything is that the area didn't need more retail shops or restaurants, hence the place being empty. Everything sounds great in theory but the reality of the situation is that he is serving what is already overserviced EXCEPT for the racing product.

Ahh the shortsighted. Anything entertainment related is doing swimmingly right now isnt it? Besides that, you support my point. Without the other streams of revenue, racing could not survive and going forward more revenue streams need to be created.

I didnt say that Gulfstream was great. I said the idea was great and I believe that he was on the right track its just the planning and execution stunk.

You tell me Chuck how Charlestown thrives? Is that racing product any good? Do you get better odds at the Borgata casino than you do at Trump? Are the slots looser there?

[Cannon Shell]

Originally Posted by dalakhani

Ahh the shortsighted. Anything entertainment related is doing swimmingly right now isnt it? Besides that, you support my point. Without the other streams of revenue, racing could not survive and going forward more revenue streams need to be created.

I didnt say that Gulfstream was great. I said the idea was great and I believe that he was on the right track its just the planning and execution stunk.

You tell me Chuck how Charlestown thrives? Is that racing product any good? Do you get better odds at the Borgata casino than you do at Trump? Are the slots looser there?

Hold on a minute. Now everything entertainment related is tanking? So your theory is valid, those pesky details like every project you bring up is hemorraging cash is the fault of the economy?

So Stronach's idea was a good one but the demographics of Aventura/N.Miami/Hallandale/Hollywood have somehow screwed him? The idea for the gulfstream park location was anything but a good idea. Except to you and frank. The idea of night racing and entertainment centers/malls are not original ideas. Freddy Mo would just close it all down.

[freddymo]

Originally Posted by Cannon Shell

Hold on a minute. Now everything entertainment related is tanking? So your theory is valid, those pesky details like every project you bring up is hemorraging cash is the fault of the economy?

So Stronach's idea was a good one but the demographics of Aventura/N.Miami/Hallandale/Hollywood have somehow screwed him? The idea for the gulfstream park location was anything but a good idea. Except to you and frank. The idea of night racing and entertainment centers/malls are not original ideas. Freddy Mo would just close it all down.

Racing 5k claimers at Penn for 18k with 30k bet on the race in front of 1000 people if beyond stupid for racing especially when 7 of the horses in the race cant run a 50 BSF

[Cannon Shell]

Originally Posted by freddymo

Racing 5k claimers at Penn for 18k with 30k bet on the race in front of 1000 people if beyond stupid for racing especially when 7 of the horses in the race cant run a 50 BSF

It isnt stupid for those that choose to wager on it. it isnt stupid for those who race for those pots. The elimination of those horses doesnt benefit racing at higher venues. All it does is give the player fewer racing choices and drive them to play poker or some other gambling activity.

[freddymo]

Originally Posted by Cannon Shell

It isnt stupid for those that choose to wager on it. it isnt stupid for those who race for those pots. The elimination of those horses doesnt benefit racing at higher venues. All it does is give the player fewer racing choices and drive them to play poker or some other gambling activity.

Real interesting betting on 5k claimers that are snapping legs and can't run 6f's in 1:15

[dalakhani]

Originally Posted by Cannon Shell

Hold on a minute. Now everything entertainment related is tanking? So your theory is valid, those pesky details like every project you bring up is hemorraging cash is the fault of the economy?

So Stronach's idea was a good one but the demographics of Aventura/N.Miami/Hallandale/Hollywood have somehow screwed him? The idea for the gulfstream park location was anything but a good idea. Except to you and frank. The idea of night racing and entertainment centers/malls are not original ideas. Freddy Mo would just close it all down.

You never addressed anything I said. I will repost:

You tell me Chuck how Charlestown thrives? Is that racing product any good? Do you get better odds at the Borgata casino than you do at Trump? Are the slots looser there?

[Cannon Shell]

Originally Posted by dalakhani

You never addressed anything I said. I will repost:

You tell me Chuck how Charlestown thrives? Is that racing product any good? Do you get better odds at the Borgata casino than you do at Trump? Are the slots looser there?

I dont follow CT so I cant tell you anything about it.

I dont care about the odds at the Borgata or Trump.

I dont ever play slots so i dont know or care about them.

[dalakhani]

Originally Posted by Cannon Shell

I dont follow CT so I cant tell you anything about it.

I dont care about the odds at the Borgata or Trump.

I dont ever play slots so i dont know or care about them.

CT is a successful model for horse racing. It refutes the idea that the racing has to be "good". The average race there is a 4.5f sprint with low level claimers. Its 45 minutes from the nearest major airport and it is in a desolate part of Jefferson county.

How does it thrive?

Borgata is a casino off on its own close to atlantic city. As opposed to every other casino in Atlantic city, it is making money and actually thriving even during these times. Why?

You are an intelligent man. You know the answers.