- In volume 44 of "Applied Economics" a research paper was published this year, titled "The demand for slot machine and pari-mutuel horse race wagering at a racetrack-casino" by Richard Thalheimer, a study was undertaken to determine the effect of slot machines and table games at racetracks on betting handle. Using econometric methods, i.e. using statistics that filter out factors (the economy etc) unrelated to slots and their correlation to betting handle, the author was able to conclude that: "Pari-mutuel horse race wagering fell 21% after slot machines were introduced and 16% following the introduction of table games."
Most Trafficked, Last 12 Months
-
Auckland Reactor is coming to the US from New Zealand and he landed in the barn of the very sharp Kelvin Harrison. I don't think many w...
-
Have you seen the RCI's recent push to change the narrative on drugs and racing? The story they tell is accurate, and has been for some...
-
Elmer Patzer walked up to a betting machine and started popping in tickets to see if he won. All of a sudden, whamo, he cashed for $6.5 mill...
-
Yesterday on twitter there was a conversation about why some people are withholding money from Keeneland this meet. A simple question, with...
-
Back in the early 1990's I got my first real job. I was a pretty much an office gofer for a mining consortium. One day a gentleman cam... -
Horses opening with 10k to win on them, at smaller venues lately? I have not been playing too seriously the past two days, however I did che...
-
Every time I flip on twitter someone is annoyed that NBC is tape delaying some of the events for prime time television. Columnists have join...
-
Canterbury Park - the small Minnesota track that lowered takeout last year, only to raise it this season - concluded their meet recently. Th...
-
Good morning folks. On Awful Announcing, columnist Matt Zemek tore a hide off ESPN for what he thinks is the dumbing down of tennis cover...
No comments:
Post a Comment