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Old 09-24-2011, 01:39 PM   #9
Join Date: Apr 2009
Posts: 9,908
Saturday, September 24, 2011
TOC Fact Checks


In 2011, social media in its various forms allow for very little to slip through the cracks. Usually (sometimes within minutes) a "fact check" item will appear across the wires after a comment or presentation, which is then discussed on the many internet interaction avenues.

Yesterday on the Steve Byk Radio show, the TOC's Lou Raffetto was interviewed. Among other internal issues (one owners group is battling another in California), Mr Raffetto commented on the handle losses in California referring that "takeout is a key blogger issue for a handful of people who won't let it die".

This "blogger issue", backed by all available economic theory and literature since 1971, has, in part, resulted in (the last time we checked) upwards of $200 million dollars in handle losses in 2011, in Mr. Raffetto's state.

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