Quote:
Originally Posted by menifee
The smartest way to subsidize racing would be to subsidize demand, not supply. Hopefully, they will get it right this time. There are tremendous agricultural benefits by subsidizing racing, but the Racino experiment has showed you cannot blindly subsidize purses and expect those benefits to be enjoyed by many.
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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.
