Quote:
... “We’ve been so entrenched in the old way of doing things,” he said. “We have to look at ourselves first.  We have to give the customer what they want, not what we want.”
Ritvo discussed subjects such as  takeout rates and fractional wagering, an innovation that essentially drops the minimum bet size to as low as pennies for wagers such as the pick six.  He discussed base purses that synchronize with field size – the bigger the field, the higher the purse. He addressed modernization of the racing department, inventory control, and a variety of other subjects that can be addressed as the remainder of 2017 unfolds.
Below are Ritvo’s thoughts on a number of issues facing Santa Anita. Ritvo doesn’t have all the answers yet, but just that he is willing to discuss a subject such as takeout is important. ...
 Critics allege that racing offices are unaware of available horse inventory. It is tough to keep track of some 3,000 horses and the races in which they could run without technology. Most of the work is done by hand. Ritvo envisions change.
“We have to do a much better job of inventory control,” he said.  We are going to do a better data analysis.”
Ritvo wants a centralized racing office able to receive entries online. “At 11, tell [the horsemen] what races are going, one last shot to go in, and that’s it. Not – who is in there? How many horses do I have to beat? That stuff has got to end.”
Interviews have begun for a data analyst, a computer-skilled employee who can execute modernization of the racing department. ...
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Each one of the 5 points highlighted above has been discussed on here many months ago and probably several times. Hopefully, he really believes these ideas and will work to make the necessary changes.
Thanks for providing the link.
