Quote:
Originally Posted by castaway01
Ironically, part of the reason Arlington failed was their massive, beautiful facility. They build a "palace" at the exact time racing was starting to move away from live attendance and they had to maintain it. Couple that with an inability to get a casino license and the decision to go synthetic, and Arlington has been dying a slow death for 20 years now.
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The future of horse racing at least in the US is to build a racetrack with minimal spectator facilities and the entire track wired for broadcast to TVG or whatever broadcast partners. Most of the audience is gambling from home, cell phone, etc and will never set afoot in the track. This is also why racinos are almost the most profitable because they don't spend their money on infrastructure that loses money.
