Quote:
Originally Posted by The_Turf_Monster
It simply costs too much to create the product.
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I agree.
It’s a significant disadvantage.
That’s what I was indirectly referring to when I was talking about the underlying economics of the sport being so bad. The sport doesn’t just need more gamblers that bet more. It needs more owners!!! If too many small time owners are losing too much money even with a substantial portion of the casino money going towards purses, that’s telling you how bad the underlying economics are and how hard it’s going to be fix. I’m not privileged to see all the numbers, but I still suspect that long term we are going to wind up with a much smaller higher quality sport where the economics of the remaining tracks make sense for a lot more of the interests.
