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Final Jeopardy time.
Tonight's Final Jeopardy category is "New York Racing" and our final answer is this : "New York City OTB, New York Regional OTBs (Nassau, Suffolk), and TVG share this animal characteristic".
Good luck, players.
The correct question is "What is a leach?"
Initially, they all sounded like a great idea to increase handle (and therefore host track monies) and were initially thought to be incremental revenue.
Instead as time moved forward, they were/are all parasitic organizations that voraciously suck money from the game. Each was/is a self-serving intermediary draining dollars from the ongoing health of the racing.
So, what went wrong in California? Bottom line : If you want the tracks to survive, you have to maintain the direct connection between the host tracks and the end consumer. Anything else has been proven over and over to be ineffective.
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