Quote:
Originally Posted by AndyC
Before going any further with this discussion can we agree that if a racetrack went out of business that a (non-professional) bettor would not be harmed financially? Their livelihood, existence or income does not rely on whether or not they are able to bet on a horse race. If racing ceases they have lost no "stake" other than time spent learning about the game. Accordingly if they have no "stake" to lose they are by definition not a "stakeholder".
Any business without customers is out of business! Racing is not unique. It has a product and customers either buy it or go elsewhere.
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It is more complicated than that. I can think of scenarios where horseplayers are harmed. Let's say a horseplayer owns a local pub that is frequented by horseplayers after the races. If the track closes down, the pub goes out of business. Many of the horseplayers will be affected in many different levels. There is a ripple effect throughout the community. You can invent a lot of plausible scenarios.
