- What the racing industry has decided to do is to stand up and thwart history," Brennan said. "The public has spoken. This disruption has already happened (despite a difficult political and economic environment). To try to stand in front of the disruption when it has already happened is counterproductive."
- "You should be leading this (effort)," Brennan said, noting horse racing current exclusivity with legal online wagering. "I've asked this question many times: Why aren't you leading this? The Internet didn't happen last year. You've had six years. What are you waiting for?
Could you imagine if in 1960 congress passed a law that stated only NHL Hockey - and no other sport - could be shown on television? One would expect hockey to thrive.
I had a chat last week with an industry person who is more than upset with what racing has done with things like takeout. He said (paraphrasing), "if racing took over casino gambling, they'd raise takeouts to 30% like superfectas, and then when within six months when no one comes to casinos, they'd conclude people don't like casino gambling anymore."
It's kind of the same way with online horse betting. People love to gamble online, and have for 15 years. It's a huge industry, yet racing (although we have seen growth, it can be argued most of it internal growth) has not capitalized.
The reason, in my opinion, is because we have not offered a product people want to consume, and have not diversified, or tried to with new forms of betting, or new betting on other avenues.
For evidence of that I submit the year that the Internet gaming act was passed which banned funding online gaming accounts. And further, the ban of online poker sites on "Black Friday". Those in racing thought banning online competition that was illegal would be helpful to racing. After all, if you're the only game in town now, you'd have to peel off some gamblers, no? It didn't happen.
@joedrape I think we learned some trainers who can afford attorneys have worse memory failure than those who can't afford them.
— Ray Paulick (@raypaulick) September 29, 2012
Have a nice Tuesday everyone.