"Harrah's Entertainment, the world's biggest casino chain, is pressuring Iowa lawmakers to end live greyhound racing and is willing to pay the state millions to see it happen." says today's story in the Des Moines Register.
It has been said again and again that sooner or later horse racing must show ROI on its own, or it will be culled. At many jurisdictions it does not. Although it sounds pretty strange, since we are all horse racing nuts, not dog racing nuts, it does not take a huge leap of logic to see this item be replicated for some harness and thoroughbred tracks in the next decade.
Slot tracks need to lower their takeout and put money into the customer soon, in my opinion. Today's "far-out-can't-happen-to-us" story, might be tomorrow's reality.
Subscribe to:
Post Comments (Atom)
Similar
Carryovers Provide Big Reach and an Immediate Return
Sinking marketing money directly into the horseplayer by seeding pools is effective, in both theory and practice In Ontario and elsewher...

Popular
-
One of life's many mysteries on gambling twitter is the Jackpot Bet. Oftentimes people like @shottakingtime, echoed by others, will pos...
-
It's Friday - the weekend! - where the tracks are ready to fire-up some serious betting entertainment. As we know, that's primaril...
-
Yesterday we wrote about some (many?) inside the business who don't quite understand what we bettors do each day to try and scratch som...
-
Innovation and horse racing. Put together, the two of them elicit feverish reaction in this sport. One one side you have the customers, alon...
-
The pandemic and resulting discombobulation has certainly thrown things out of whack in horse racing, and some narratives are being turned o...

1 comment:
So True.
Please see this recent article in the New York Times:
As New Jersey Tightens Its Belt, the Racing Industry Holds Its Breath
www.nytimes.com/2010/01/31/sports/31racing.htm
Post a Comment