Quote:
Originally Posted by Fager Fan
I agree. Racing needs to stand on its own feet as a legitimate business/sport or die. It's as simple as that. This isn't food we're talking about, where we may need to subsidize for the betterment of the good.
Knowing that the slots money was just going to be a temporary boom, what has racing done since to be ready for the day when the government gimmee is gone? Of course, nothing.
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Agreed. I would rather find myself out of work and having to migrate to a new industry, than to stay in one that can only survive by leeching off of other revenue streams while refusing to fix its own problems.
You know we're going to try and pull the same stunt when sports betting sweeps the nation. The industry will lobby state legislatures to only allow sports betting at existing tracks and off-track facilities, fighting tooth and nail against online wagering, etc. And the arguments will be the same - higher purses, so better horses, bigger fields, higher handle, etc.
The only question is whether people will be smart enough to look at the billions of casino dollars already squandered, and not fall for the same empty promises again.