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Dog,
I agree with you.
I also agree with someone who said (in another thread) that 2009 was going to see improvement for the player. Well, I agree that it is coming but I think it will be 2010 before it gets better.
I think your point is well taken - tracks are going to fail. The ones that haven't failed yet are going to see the inevitable handwriting on the wall and become more open for change.
We can stamp our feet and shout, "I want lower takeouts!" all we want. It simply isn't going to happen in today's business climate. Listen, there have been voices shouting that mantra for years without much change.
Tracks are going to have to find a model that works. The current one simply doesn't. And the horsemen don't help either. So, here is the eternal triangle - tracks, horsemen and players, everyone shouting "We want, we need, we've got to have..." yet the demands of one are always at the expense of the others. The entire model needs overhauling.
There must be additional revenue sources!
Only those other revenue sources can take the pressure off the takeout.
Just my opinion.
Regards,
Dave Schwartz
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