- 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."
Monday, September 3, 2012
What Happens to Racing Handle With VLT's & Why
When you open a slots parlor at your racetrack, what ends up happening to your horse racing customers? That was explored this weekend in HRU (pdf).
Subscribe to:
Post Comments (Atom)
Most Trafficked, Last 12 Months
-
This was originally printed in Trot Magazine's Horseplayer Issue. The pick 5 is a racing staple with almost every track trying to take...
-
I was outside awhile back and noticed some kids playing with the pigskin. They flipped me the ball and I sent one kid on a fly pattern. I ga...
-
I received a hot text on my Blackberry from Cub Reporter late last night. Cub said, "The racing braintrust was reading twitter last ni...
-
I continue to be fascinated with both the press and general football fan reaction to the Bill Belichick 4th down decision in Sunday's ga...
-
Our wagering game is an incredible mental exercise for many reasons. And one of its characteristics I like best is the variety of thought wh...
-
Everyone saw "the ride" , everyone commented on "the ride", everyone waited to see what was up with "the ride"...
-
This past weekend's racing proves to me that this game, although, yes, with less public money, with the teams, with the sharps (which no...
-
So, I did a little reading on the railway rebate system. No, stop laughing, I really did. And it was a pretty interesting exercise. For tho...
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...
No comments:
Post a Comment