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Originally Posted by dilanesp
Most of the costs involve land, labor, and animals.
They HAVE cut costs. They closed racetracks and made a lot of people bet major tracks. That spreads the cost over additional bettors.
What people here don't seem to get is that this makes the takeout more important, not less, because it is now the only relevant revenue stream.
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I don't understand.
Since all of the tracks I'm familiar with are decades old, what are the additional land costs?
What are the animal costs? Are you talking about the accompanying ponies in the post parade?
