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Old 01-18-2024, 11:49 AM   #94
castaway01
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Join Date: Jul 2009
Location: NJ
Posts: 3,833
Quote:
Originally Posted by proximity View Post
today the pace men are like the band playing on the titanic as the whales circle the sinking ship.

obviously not in california but many places the racino era actually provided an opportunity to cultivate a live fan base.... instead of what most racinos have which is just a handful of players that have no connection to the backstretch (actual gamblers) sparsely scattered around mostly vacant clubhouses and grandstands.

live racing at a racino should basically be "free".... 100 percent of the takeout given back on player's cards for future use like free slots play in the casinos. the lion's share of racino purse money comes from the casino and simulcasting with the six people present for live racing contributing less than a drop in the bucket! it was imperative for racino horsemen to push to surrender this mini-drop to generate interest in this side of the racino instead of what we have, which is about worse than what we started with.
"Free" is obviously not going to happen, but 20 years ago before it was all-ADW and whales carrying the game, we were all saying "Wow, these tracks getting casinos could cut takeout a few points, give us some of the benefit." They obviously didn't, and ADWs were smart enough to take advantage of that to the point the tracks now need them to survive.
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