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12-02-2014, 12:11 AM
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#1
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Registered User
Join Date: Sep 2012
Posts: 930
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NYRA Raising Prices
Raising the prices on group sales and increasing the cost of parking.
Is this is the answer to bringing more people out to the track?
One question, are these people brain dead??
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12-02-2014, 10:59 AM
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#2
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Registered User
Join Date: Sep 2012
Posts: 930
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12-02-2014, 11:07 AM
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#3
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,887
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Stock up on coffee now!
__________________
Who does the Racing Form Detective like in this one?
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12-02-2014, 03:25 PM
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#4
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Veteran
Join Date: Aug 2005
Posts: 3,428
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Why not just bring a large thermos??
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12-02-2014, 04:03 PM
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#5
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Veteran
Join Date: Oct 2009
Posts: 25,607
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Quote:
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Originally Posted by whodoyoulike
Why not just bring a large thermos??
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Or start following another circuit.
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12-02-2014, 06:50 PM
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#6
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NoPoints4ME
Join Date: Sep 2013
Posts: 9,854
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As a NYRA fan , I am embarrassed and repulsed. I hear nothing about improving the product. All I hear is raise prices to offset a 3% reduction in handle.
Why not do things to avoid a 3% reduction in handle?
All I hear is reduce dates at Aqueduct. Why not do things to make NYRA the place to be for horsemen in the winter so winter racing can thrive and be profitable without cutting dates?
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12-02-2014, 06:54 PM
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#7
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Veteran
Join Date: Oct 2009
Posts: 25,607
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Quote:
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Originally Posted by EMD4ME
As a NYRA fan , I am embarrassed and repulsed. I hear nothing about improving the product. All I hear is raise prices to offset a 3% reduction in handle.
Why not do things to avoid a 3% reduction in handle?
All I hear is reduce dates at Aqueduct. Why not do things to make NYRA the place to be for horsemen in the winter so winter racing can thrive and be profitable without cutting dates?
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Its bad business to not try and address the actual problem and just pass the cost onto the consumer while fat cat higher ups get paid lots of money to sit around and blame the weather or the economy.
How about not letting David Jacobson enter 2 horses in every race and then pick and choose which one will run 3 days after entries are taken. Who's to say that a small tweak like that won't help betting handle? Bettors can prepare bets the night before and not have to worry about that nonsense, so theres a small thing they can "tweak" to increase handle. There are lot of other things that can be done to help handle, charging ridiculous amounts of money for coffee isnt' one of them.
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12-02-2014, 07:07 PM
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#8
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NoPoints4ME
Join Date: Sep 2013
Posts: 9,854
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If I were hired as 'racing manager', handle and bottom line revenue would be UP year over year guaranteed. If I fail, they can fire me. I'll work for a small base with everything based upon commission . Commission would be based on higher handle, profitability and net profit.
They'll never hire anyone of merit to grow the game. Not NYRA's fault. It's all the Governor's fault. Even when NYRA's board removes the Cuomo cronie majority, they will still be handcuffed by Cuomo. Not technically but informally.
It's hopeless.
They will burn NY horse racing to the ground.
I sincerely hope the horsemen somehow have political clout and screw over the Cuomo cronies somehow someway.
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12-02-2014, 07:32 PM
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#9
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Veteran
Join Date: Oct 2009
Posts: 25,607
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Quote:
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Originally Posted by EMD4ME
If I were hired as 'racing manager', handle and bottom line revenue would be UP year over year guaranteed. If I fail, they can fire me. I'll work for a small base with everything based upon commission . Commission would be based on higher handle, profitability and net profit.
They'll never hire anyone of merit to grow the game. Not NYRA's fault. It's all the Governor's fault. Even when NYRA's board removes the Cuomo cronie majority, they will still be handcuffed by Cuomo. Not technically but informally.
It's hopeless.
They will burn NY horse racing to the ground.
I sincerely hope the horsemen somehow have political clout and screw over the Cuomo cronies somehow someway.
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Taking Cuomo out of the equasion, isnt' this generally a problem with ALL tracks? Don't all tracks seem to have some problem with finding out how to grow the game?
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12-02-2014, 07:35 PM
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#10
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Registered User
Join Date: Aug 2012
Posts: 8,798
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Quote:
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Originally Posted by EMD4ME
As a NYRA fan , I am embarrassed and repulsed. I hear nothing about improving the product. All I hear is raise prices to offset a 3% reduction in handle.
Why not do things to avoid a 3% reduction in handle?
All I hear is reduce dates at Aqueduct. Why not do things to make NYRA the place to be for horsemen in the winter so winter racing can thrive and be profitable without cutting dates?
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It isn't exactly like winter racing in New York ever made a ton of sense compared to, for instance, Florida.
But having said that, to me this is the flip side of the Del Mar situation. NYRA can certainly charge a lot for Saratoga, but given they can't get more than a couple of thousand people to come to the track most of the year, they really should be cutting prices at the other 2 tracks, not raising them.
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12-02-2014, 08:43 PM
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#11
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Registered User
Join Date: Sep 2006
Posts: 677
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3% reduction in handle would appear very optimistic to me. As we have discussed handle is down substantially from last year recently. I think the 3% is only considering fewer races in 2015 and not the overall reduction in handle we have seen lately.
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12-03-2014, 04:37 PM
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#12
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Registered User
Join Date: Feb 2010
Posts: 2,749
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Quote:
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Originally Posted by alydar
3% reduction in handle would appear very optimistic to me. As we have discussed handle is down substantially from last year recently. I think the 3% is only considering fewer races in 2015 and not the overall reduction in handle we have seen lately.
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According
to Drf, nyra handle is down 58 million in 3 months. 15 - 20% seems like a more realistic projection.
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12-03-2014, 04:51 PM
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#13
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,813
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I read somewhere that handle is down 58 million since Saratoga.........that's an incredible number for NYRA
If true......it's amazing.
We're starting to get to crunch time. I can only think that this is going to continue, in fact snowball. When choosing where to put your recreational money, why racing? Sitting through 50 races a day to find 2-3 to bet?
No way. This might not be the tipping point, but things are definately changing big time.
I can only imagine about ten other things to do with my money on any given day. For the first time in about 14 years I have spent only about $1000 bucks on racing this year. All at Lonestar Park. In 2002 i put 14k through the windows......there have been some bigger and smaller years in between, including a year where I jumped to just under 5k a month.....but ........ it's a been a nice slow slide............
Last edited by JustRalph; 12-03-2014 at 04:53 PM.
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12-03-2014, 04:58 PM
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#14
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Veteran
Join Date: Aug 2005
Posts: 3,428
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Quote:
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Originally Posted by alydar
3% reduction in handle would appear very optimistic to me. As we have discussed handle is down substantially from last year recently. I think the 3% is only considering fewer races in 2015 and not the overall reduction in handle we have seen lately.
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I'm wondering if this is a PR spin or just maybe they haven't a clue. I'm wondering how mgmt. can approve their 2015 budget.
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12-03-2014, 05:39 PM
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#15
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Registered User
Join Date: May 2003
Location: Long Island, NY
Posts: 725
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Next thing these guys at NYRA will do is forbid bringing in all food and beverages into NYRA tracks so they can force people to purchase their crappy food and warm beer.
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