DR. Caroline Betts talks at Symposium Wednesday

[rwwupl]

Re: HRRN live Coverage of the Symposium on Racing & Gaming

by Andymays » Tue Dec 06, 2011 5:32 am

Wednesday, December 7
Registration 6:30 am – 6:00 pm
Complimentary Buffet Breakfast | Evening Reception
Prayer Breakfast – 7:00 am
8:30 – 9:45 am – CONTENT PRESENTED BY HTA

Takeout: Then, Now and in the Future

Panelists look at takeout and pricing issues in horseracing, with an eye on where we’ve been and how the thinking on the subject has evolved, why it’s so difficult to find common ground for current discussions, and what it will really take to get empirical and useful takeout information to help in business decision-making.

Moderator/Speaker:
Steve May–Vice President and Business Manager, The Association of Racing Commissioners International
Speaker:
Dr. Caroline Betts–Associate Professor, Department of Economics University of Southern California

Andymays



Posts: 315

[DJofSD]

If this was a CHRB meeting, she'd be lucky to get 5 minutes.

[andymays]

It should be interesting.

[Charli125]

Originally Posted by andymays

It should be interesting.

There isn't anyone better than Caroline to explain this stuff. If people are willing to listen then great things will come from this. If people ignore it, then the status quo will continue.

Good luck Caroline!

[Gallop58]

How did this go in Arizona? I read the general comments, but was there any real teeth to the discussion?

In a somewhat related note:

Interesting open letter from the head of the Ontario Racing Commission here (published today Dec 12 2011):

http://www.ontarioracingcommission.c...om%20Chair.pdf

"The Program’s genesis was the obvious need to develop a clear and understandable business basis for the allocation of live race dates. Operating on a ‘supply side methodology’and ‘ignoring the customer’ had long been the practice and was not working. One could assert that this supply sided approach helped to ‘grease’ the decline in wagering and fan support. And as a result, the subsequent racing ‘product’ was not perceived as worthy of the public’s investment in both time and money."