Quote:
Originally Posted by cj
People like betting sports. They like that they know the price ahead of time, and that they can drop 55 bucks on a team and get three hours of entertainment and have basically a coin flip to win. Racing can't really compare to that in its current state.
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So adding SW to the menu at a racetrack or casino wont draw anymore to the venue? That is the main reason Christie fought hard for this along with the horseman's association.
But when gamblers go to casinos to bet on sports, “that’s not all they’ll do,” said Lloyd D. Levenson, a prominent casino-law attorney.
“They have to eat. They’ll drink. They’ll buy some retail. They’ll see a show. They’ll stay in a hotel room.”
The big boon from legal sports betting is “the ancillary benefit, not just the benefit that comes from sports wagering,” he said.