BEYER: Racing still draws, just not to track..

[parsixfarms]

Originally Posted by Kasept

Terrific piece..

http://www.washingtonpost.com/sports...9_story_1.html

In 1983, when the Belmont grandstand with bustling with activity, the average daily betting at the summer meeting was $3.46 million. Adjusting for inflation over three decades, that amount is the equivalent of $8.12 million today.

At the Belmont summer meeting of 2013, wagering averaged $10.1 million per day — exceeding the figures from the supposed good old days

Generally, I think the article is on point. However, because of the disparity in the track's take from an on-track dollar versus that from an off-track dollar, the highlighted comparison is less compelling from a revenue standpoint; that disparity is still something that the industry needs to address.

[blackthroatedwind]

You guys are missing the point. We understand that the customer is more widespread.....and that's the point. We have many more customers now, as opposed to what too many uninformed people are saying.