Quote:
Originally Posted by LemonSoupKid
What is the proper action to "subsidize demand"? You said what the subsidization of supply was, which didn't work.
Monmouth should be a great combination of both. Getting more people to the track can only help. So maybe the compromise has to be that you bet sports LIVE, ie, you only get a license if you have a live requirement, no (internet) betting that makes it, in a sense, too convenient and only really rewarding models that are ADW types. Lots of people won't like that, but it would be interesting, and certainly a boon to tracks.
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In the UK, lots of tracks have sports books inside. lots of people in there, lots of people who pay good money to get inside the track and watch racing. I was at the Newmarket during the July meeting in 2012 and they were showing a cricket match. Racing and sports betting co exist in the UK rather nicely, they also can bet sports at home using bookies or betfair exchange. Yet they show up at the track.
Allan
