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Old 06-03-2019, 10:51 AM   #1
JustRalph
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Illinois Casino bill......tracks get slots

https://www.bloodhorse.com/horse-rac...for-racetracks

This should be interesting
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Old 06-03-2019, 10:59 AM   #2
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Arlington is a great location and there is lots of money around that area.

The fact that there is a rail stop there makes it the perfect set-up. It will be a huge success and is a beautiful plant.
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Old 06-03-2019, 11:56 AM   #3
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Arlington is a great location and there is lots of money around that area.

The fact that there is a rail stop there makes it the perfect set-up. It will be a huge success and is a beautiful plant.
Having lived there in the past, I know this is true.
Hopefully, it will be a shot in the arm for racing purses.
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Old 06-03-2019, 11:58 AM   #4
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Having lived there in the past, I know this is true.
Hopefully, it will be a shot in the arm for racing purses.
At this point I think it is pretty clear better purses don't help the product. It is very possible they have the opposite effect.
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Old 06-03-2019, 12:04 PM   #5
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Rivers Casinos (about 13 or 14 miles away) generates over $400 mm/yr in revenue. Given the just-passed bill also allows for a casino in downtown Chicago and additional slots expansion in other areas of the state (in an already saturated market), I doubt AP would approach anything like that number. But even if AP gaming revenue is only $100 mm/yr, it would boost purses by over $10 mm/year, which would be a huge increase.
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Old 06-03-2019, 12:07 PM   #6
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I imagine it will help keep the tracks in business, but not sure where the horses will come from to improve the quality of the fields much.
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Old 06-03-2019, 12:07 PM   #7
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At this point I think it is pretty clear better purses don't help the product. It is very possible they have the opposite effect.
I agree with you if it gets funneled to state bred races.
Arlington Park should be able to attract shippers like Keeneland and CD.
Right now, they can't.
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Old 06-03-2019, 12:38 PM   #8
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At this point I think it is pretty clear better purses don't help the product. It is very possible they have the opposite effect.
History is on your side, but AP is one of the nicest tracks in the country. I think they'll attract new owners/trainers with higher purses. Time will tell.
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Old 06-03-2019, 12:52 PM   #9
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Racing has been on life support for a long long time around here. Let's hope Arlington, Hawthorne and Fairmount can get together and formulate a plan going forward that will strengthen the thoroughbred product in the state.

I'm a thoroughbred guy, but I hope this is good for the harness side as well. They should rebuild Sportsman's Park. 🤔
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Old 06-03-2019, 01:00 PM   #10
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Iirc last time this came up, AP believed it'd have a top 5 purse structure in the country. A lot of things have changed and many towns around Chicago now have slot machines in bars
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Old 06-03-2019, 01:33 PM   #11
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Sports betting bill coming up next
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Old 06-03-2019, 01:37 PM   #12
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Sports betting bill coming up next
??? It's part of SB690.
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Old 06-03-2019, 02:06 PM   #13
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With Illinois' financial wows...could legalized online poker be far behind?
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Old 06-03-2019, 06:16 PM   #14
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The state has serious problems, I am sure they will collect the money, the big question is will racing get any of it. Churchill will increase their stock price, the Carey's will avoid bankruptcy, and the State will steal as much as possible and purses will increase to levels of 20 years ago! They have been going around in circles with the recapture for years, but the horseman never see any of it. I agree with many this is too little, too late to save racing!
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Old 06-03-2019, 06:30 PM   #15
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The state has serious problems, I am sure they will collect the money, the big question is will racing get any of it. Churchill will increase their stock price, the Carey's will avoid bankruptcy, and the State will steal as much as possible and purses will increase to levels of 20 years ago! They have been going around in circles with the recapture for years, but the horseman never see any of it. I agree with many this is too little, too late to save racing!
Hawthorne and AP are both in great locations for casinos. Let's say HAW can get its maiden purses up near $40k, and you have a pretty good product in the fall and spring. AP is already running MSW over $30k and always has competitive turf racing. This might be the catalyst to get rid of the polytrack that is years beyond its intended life. At that point, it can rebuild what used to be a good stakes schedule. Imo you will see a product better than Marylands
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