Racing is getting rope-a-doped right now, but I fear the outcome may be different.
In the last several months:
- Pennsylvania has cut some slots funding and purses are trending lower
- Zynga Games (i.e. "Farmville") announces they want to get into gambling
- Ontario is looking to siphon off many millions from slots funding
- Canada is looking to legalize one game sports betting
For healthy industry's these shocks can be withstood, via pivoting and changing a model. Racing has not been very healthy, stating the obvious, so one has to wonder how much more of this we can take.
Note: Harness Fans, there is a huge carryover and $100k guaranteed pick 4 pool at Balmoral tomorrow evening.