TVG tracks versus TrackNet tracks

[NoCal Boy]

Let's see. Saratoga, Belmont, Del Mar, Hollywood Park, Monmouth and Meadowlands all report solid gains in handle year over year.

Laurel, Lone Star, Ellis Park and Churchill report declines.

Tracknet is correct that signal fees on the premium tracks needed to go up, but their execution by locking out other ADW's has been a failure for tracks and horsemen.

How much more revenues would be available to horsemen and tracks if ADW's like Youbet and PTC were in the pools paying 7-8%?

TVG hardly gets a free pass as they could also end this nonsense, but Tracknet's execution has been woeful.

Does winticket even register a blip anymore? Resorting to $100 sign up bonuses now.

What do TRacknet's ADW's have to offer after Arlington is over next week? The next decent meet is the Churchill fall meet in November.

Will SA even be allowed to be exclusive to TrackNet? Will Youbet get Fair Grounds as the LA horsemen are pushing? Will TVG ever give in?

What will Magna even look like in 3 months?

[JustRalph]

Does winticket even register a blip anymore? Resorting to $100 sign up bonuses now.

That bonus has been around since I joined in 2001.............

fyi

[theiman]

Meadowlands handle was a disaster this year. Definetly not a positive.



The 2007 Meadowlands January-August harness meet ended on a high note with a strong Hambletonian Day, despite an overall downward trend in attendance and handle.

Originally scheduled for 138 days, the meet was cut by nine Wednesdays, from March through May, due to a shortage of horses. Five additional cards were lost, whole or in part, to inclement weather and an electrical outage, reducing the meet to 125 dates. The shortened meet was impacted by reductions in horses raced, 12,045 vs. 14,522 in 2006, and races carded, 1,369 vs. 1,604. The number of races contested with full fields [10 horses] also dropped nearly 34 percent to 480 during the seven-month meet, down 245 from the total of 725 full fields carded in 2006.

Those factors contributed to significant declines in handle. Total on-track handle fell by $18.9 milllion, a 25 percent drop from $75,756,021 in 2006 to $56,848,635 in 2007. The average on-track handle was down 18 percent, from $556,697 per card in 2006 to $454,789 per card in 2007.

[chiman52]

The Meadowlands also had increased competition this year from Yonkers, as slot revenues were kicked into the Yonkers purses. This has had a major effect on the handle at the Big M.

It should be interesting to see what happens when the current agreement between AC and the NJ horsemen expires (this year I believe).

[trigger]

PartialWill SA even be allowed to be exclusive to TrackNet? Will Youbet get Fair Grounds as the LA horsemen are pushing? Will TVG ever give in?


Although eligible to do so, Youbet refused to carry Fairgrounds last year.

[betovernetcapper]

I've looked at a lot of TrackNet & CHDN statements and I don't see the current game plan as being in the best interests of the horsemen, the players or the shareholders. RE the November Churchill meeting, I'm planning on betting as much with them as I'm going to bet on Woodbine.
.
Maybe it's time for a third party like the Jockey Club to establish signal rate fees.

[highnote]

Tracknet is correct that signal fees on the premium tracks needed to go up,


What is the logic behind "premium" tracks charging a higher signal fee?

Is it because they generate more handle?

If PaceAdvantage procotters get their way, Yavapai will soon be a premium track! :ThmbUp:

[northerndancer]

What is the logic behind "premium" tracks charging a higher signal fee?

Is it because they generate more handle?

If PaceAdvantage procotters get their way, Yavapai will soon be a premium track! :ThmbUp:

Simple economics...... the 'premium meets' Gulfstream, Churchill Downs, Santa, Anita, Keenland, Del Mar, Saratoga, etc have the ability to charge more to the outlets who want the ability to accept wagers on their events.

The 'other meets' need to charge less so that the can entice the outlets to carry their product and give them better placement (which tv's, program access, etc) to lure the punters into trying that track.

The 'premium meets' have increased their rates consistently over the last 3 years and will continue to do so until the outlets stop taking the signal.

This is part of the takeout reduction not working at Laurel during their 10 day meet. The reduction in takeout only meant that the outlets made less on each wager they took on Laurel than in years past. Therefore the outlets would give a competing track better placement because the outlet made much more on the non Laurel tracks. If you could sell a widget and make 8% on every sales dollar or sell a similar widget and make 4% which one would you promote if the sale price was the same.