Quote:
Originally Posted by Andy Asaro
What they're doing doesn't make a lot of sense to me either.
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It behoves a track to grab as much attendance and on track wagering as possible. They get the full take out percentage and no sharing. Ironically not many people understand this. When dog racing and jai alai lost attendance through the years their profit eroded quickly. They never had the stretch of simulcasting and online betting like the horses. Not really a countrywide popularity either. I think relying on off track wagering is a deadly game and it has shut down several tracks. The main revenue stream should always be on track…it may not bring in as much money but it should be the first priority.