Quote:
Originally Posted by lamboguy
in todays world without sports gambling and people staying in their homes, tracks like Del Mar or even Saratoga at Belmont will out do prior handles without a live crowd. non handle revenues will be missing from this equation though.
|
You are obviously a very sharp guy and from your other comments I know you follow what's going on in the economy too. I understand the upside of not having to compete with other tracks and other sports gambling. But millions of people are now unemployed, have reduced hours, or are feeling vulnerable at their jobs. That is almost certainly going to be a drag on handle. I'm not sure anyone knows what the net of all this will be, but during the 2008 recession the handle dropped sharply.
Setting aside the nightmare that got us into this mess, we are probably going to learn a few things about how reducing tracks would impact handle per track and how other sports gambling impacts racing.