Churchill/Mecs' TrackNetMedia & Rebates

[trigger]

http://opinions.bloodhorse.com/viewstory.asp?id=37867

[betovernetcapper]

What a jerk :ThmbDown:

[Pace Cap'n]

What a jerk :ThmbDown:

Who? Why?

[betovernetcapper]

Who-Ray Paulick

Why-"Addressing rebate shops is a crucial first step toward a new simulcast model, one that must be more efficient in returning dollars to the racetracks and horseman who invest so heavily in it."

What about returning dollars to the fans who invest so heavily in it? :mad:

[Premier Turf Club]

Who-Ray Paulick

Why-"Addressing rebate shops is a crucial first step toward a new simulcast model, one that must be more efficient in returning dollars to the racetracks and horseman who invest so heavily in it."

What about returning dollars to the fans who invest so heavily in it? :mad:

We have pointed out to Mr. Paulick that we pay approximaely 12%-20% of our profits (after overhead) to purses for the Fargo and Belcourt racetracks, and another 12%-20% to the state of North Dakota.

The Blood Horse assured us they were talking about the off-shores, who contribute nothing directly to horsemen.

[Indulto]

Who-Ray Paulick

Why-"Addressing rebate shops is a crucial first step toward a new simulcast model, one that must be more efficient in returning dollars to the racetracks and horseman who invest so heavily in it."

What about returning dollars to the fans who invest so heavily in it? :mad:BONC,
Horseplayers aren't the primary target audience for the editor of the B-H as they are for the DRF, but Paulick is a frequent source of insight, particulary regarding the NTRA's role in racing's current state of affairs. You may want to read his previous comments on ADWs.

Some horseplayers don't like rebates either since they only lower effective takeout for a select few. I couldn't locate any Paulick editorials that support lowered takeout, but maybe someone else can apply the proper search arguments to find them, because I suspect that he does.

If you are a whale, I'm sorry to have disturbed you. ;)

[betovernetcapper]

Not a whale, but do confess to a little self interest.

[highnote]

Here's a quote from the article. If CDI and MEC get together and decide to increase fees to offshores, is that considered price-fixing?

The March 5 announcement that Churchill Downs Inc. and Magna Entertainment have formed a media management company, TrackNet Media Group, means these companies will try to prevent the leakage from the pari-mutuel pools by increasing the signal fee to the offshores. CDI and MEC own 15 Thoroughbred tracks combined, including some of the top signals: Santa Anita Park, Gulfstream Park, Churchill Downs, Arlington Park, Laurel and Pimlico, and Fair Grounds.

In the past, there have been concerns about possible anti-trust violations or price-fixing if tracks worked together on simulcast contracts. That issue was dismissed without great detail by Bob Evans and Michael Neuman, the chief executives from CDI and MEC, respectively, who fielded questions from reporters about TrackNet Media Group.

Addressing rebate shops is a crucial first step toward a new simulcast model, one that must be more efficient in returning dollars to the racetracks and horsemen who invest so heavily in live racing.

[Seabiscuit@AR]

It would not be price fixing. It would just mean that people who use rebates instead of skill to beat up on the average bettor will have to improve their skills if they want to keep winning

[highnote]

It would not be price fixing. It would just mean that people who use rebates instead of skill to beat up on the average bettor will have to improve their skills if they want to keep winning


What if two large supermarkets got together and agreed not to undercut each other in the price they charge consumers? Would that be any different?