Quote:
Originally Posted by Tom
I don't know, but is the half time show crucial for the success of football?
Maybe the game suckls sop bad now is because it keeps focusing on people who
show up for the hats and ignore us the other 364 day a year.
Give me a Finger Lakes or a Prax that runs day in day out, establishes patterns,
has some repeatability. Boutique meets have no interest for me at all.
Keeneland is like a county fair that shows up once a year, sell you tickets for unsafe rides and gives many of you food poisoning, then sneaks out of town after dark. PARX is the corner diner, there every morning with a coffee and donut waiting for you, and you know the guy's name.
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There's nothing wrong with places like PARX and FL, but there's a problem if there are 10-15 tracks like PARX and FL opened at the same time.
There aren't enough horses to go around and the operating costs for 10-15 tracks is obviously massively more than for 5. If you closed 10 of them and marketed the remaining 5 nationally, maybe the overall handle would drop a little because there would be some people that lost the only track they were interested in, but most people would switch tracks and keep playing.
Suddenly, the handle for the remaining 5 would explode but the costs wouldn't rise nearly as much because all the money would be coming in via internet. The remaining 5 tracks would be flooded with money to raise purses, lower the take, invest in their plant and equipment, advertise etc.. and that would set the stage for a much improved and profitable sport and upward cycle.
That is how every industry in American operates. The companies consolidate or there is investment and expansion depending on what makes sense at the time. Only the politics and the unwillingness of people in the industry to deal with the necessary pain is stopping it from happening.
