Quote:
Originally Posted by TonOfTrot
Considering the life support that many tracks are on from casino subsidies, reducing takeout and making it worst doesn't seem promising.
Some say that if you reduce takeout, handle will increase much more to more than offset the decrease but I think the jury is still out if thats really true.
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Life support? Yes, casinos "saved" some tracks. But is that really a good thing? It probably could have been if subsidies were used to make the betting product better, including lowering takeout. But all they've turned into at most places (I don't include NYRA in this) is cash cows for a few trainers, now super trainers, that dominate the circuits and win most of the money. If anything, the betting product is worse at most places than it was before slots.