Quote:
Originally Posted by the little guy
There is something not making sense. I am assuming the numbers are inaccurate unless some huge player just got added.
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We can't do a year-over-year comparison for Oaklawn because we don't have comparable dates. But here's an opening day comparison.
Dec 3, 2021 - Fall 2021-Spring 2022 Opening Day
15 Thoroughbred tracks running
Opening day off track handle: $5,187,994
Attributed to Las Vegas: $1,093,985
Jan 22, 2021 - Spring 2021 Opening Day
13 Thoroughbred tracks running
Opening day off track handle: $4,769,758
Attributed to Las Vegas: $0
The difference in off track handle is only about $420,000 more for December's opening, not the $1M plus of "new" Nevada money. Again, I'd surmise that a good chunk of (if not MOST of) that Nevada money had already been making its way into the pools in January via other ADWs by "resourceful" Nevada residents.
It would be interesting if the books were open and we could see if some ADWs took LESS on Oaklawn this December opening day than back in January.
Also, none of this is even accounting for an overall percentage increase in handle that many tracks have seen year-over-year from 2020-2021. (Although these are both 2021 numbers). An overall increase would mean that even fewer Nevada dollars were "new" to the pools.
Aqueduct had just a slight (!) increase from those January to December dates:
Aqueduct 12/3/21 interstate: $8,584,830
Aqueduct 1/22/21 interstate: ~$4,282,000
My inclination is that the Nevada numbers make sense.
