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12-09-2010, 03:51 PM
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#1
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Veteran
Join Date: Apr 2009
Posts: 9,908
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California Screamin'--Issues Get Airing Out........ Possible Boycott?
http://www.bloodhorse.com/horse-raci...get-airing-out
Excerpt:
“It’s an increase in process, and you hate to do that,” Harper said. “I don’t think any one of us wanted to do it. I think the vast majority of hard-core (horseplayers) understand it; they know the game like the rest of us.”
Harper did apologize, however. “We hated to have to make that decision.”
Harper and Israel said that even with the takeout increase California is lower than many jurisdictions, and that they don’t expect much pushback from players.
“I think we’re within the margin of error,” Israel said. “You’re not going to get a better shake in many other places.”
No bettors were on the panel, though they have expressed displeasure with the takeout hike through various online outlets. Some have called for a wagering boycott of the California racing product.
Read more: http://www.bloodhorse.com/horse-raci...#ixzz17eLG20Gy
Last edited by andymays; 12-09-2010 at 03:53 PM.
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12-09-2010, 03:54 PM
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#3
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Veteran
Join Date: Oct 2009
Posts: 25,607
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Quote:
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Originally Posted by andymays
http://www.bloodhorse.com/horse-raci...get-airing-out
Excerpt:
“It’s an increase in process, and you hate to do that,” Harper said. “I don’t think any one of us wanted to do it. I think the vast majority of hard-core (horseplayers) understand it; they know the game like the rest of us.”
Harper did apologize, however. “We hated to have to make that decision.”
Harper and Israel said that even with the takeout increase California is lower than many jurisdictions, and that they don’t expect much pushback from players.
“I think we’re within the margin of error,” Israel said. “You’re not going to get a better shake in many other places.”
No bettors were on the panel, though they have expressed displeasure with the takeout hike through various online outlets. Some have called for a wagering boycott of the California racing product.
Read more: http://www.bloodhorse.com/horse-raci...#ixzz17eLG20Gy
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I think they're right, nobody is going to care, it will be betting business as usual for players come Dec 26.
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12-09-2010, 03:56 PM
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#4
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Veteran
Join Date: Apr 2009
Posts: 9,908
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Quote:
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Originally Posted by Stillriledup
I think they're right, nobody is going to care, it will be betting business as usual for players come Dec 26.
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There will be a minimal effect for the first month of the meet because of the new surface at Santa Anita and decent field size. After that it's anyones guess. A lot depends on field size.
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12-09-2010, 04:10 PM
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#5
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Registered User
Join Date: Nov 2003
Posts: 1,202
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Quote:
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Originally Posted by Stillriledup
I think they're right, nobody is going to care,
it will be betting business as usual for players come Dec 26.
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The best time to call it during sometime in January and make a statement. The euphoria of the opening weeks will have settled by then.
Handle erosion is all but a certainty over the coming months. The field sizes will be the key. If the new stock coming in for the winter meet needs extended rests during the second half of the meet, Rick Hammerle's office will be working extra hard to make the cards go.
Just because a handful of out-of-staters are dipping into the waters of the Pacific does not mean that the rest of the local horses can sustain themselves into April. That is a problem that remains unaddressed even if they raised the win-place-show takeouts to 30%.
These people maybe decent businessmen away of the racetrack, but they're just so stubborn and mathematically ignorant about wagering that they'll continue on with the increased rates. It took Frank Stronach to get dirt back at Santa Anita. It may take his efforts again to get the rates lowered - some 2 to 4 years from now.
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12-09-2010, 04:16 PM
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#6
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Veteran
Join Date: Mar 2009
Posts: 9,893
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I must say the comments worrying about food and beverage revenue are breathtaking, given what's happened to the core business (i.e., handle) over the past 20 yrs.
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12-09-2010, 04:24 PM
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#7
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Registered User
Join Date: Jul 2006
Location: Toronto
Posts: 4,962
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Quote:
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Originally Posted by Saratoga_Mike
I must say the comments worrying about food and beverage revenue are breathtaking, given what's happened to the core business (i.e., handle) over the past 20 yrs.
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Who was talking about food and beverage? Was it the dude who wants to sell Raphael Bejarano jerseys for revenue for purses?
Mike: Get one thing through your head - There are 6 billion people in the world. Apparently for 5.9625 billion of them, horse racing is a gambling game. The other 37.5 million live in California.
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12-09-2010, 04:26 PM
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#8
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Registered User
Join Date: Nov 2003
Posts: 1,202
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Quote:
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Originally Posted by andymays
http://www.bloodhorse.com/horse-raci...get-airing-out
“It’s an increase in process, and you hate to do that,” Harper said.
“I don’t think any one of us wanted to do it. I think the vast majority
of hard-core (horseplayers) understand it; they know the game like the rest of us.”
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I don't think they do.
Who were the economists they consulted before this steep price increase?
The sad thing is that California racing will continue to suffer long after
these people who made this terrible decision have departed from their thrones.
Apologies for their mistakes will not be forthcoming.
Simply take a look at Richard Shapiro as a fair example.
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12-09-2010, 04:28 PM
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#9
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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What dopes these guys are.
What they are really saying is this:
We know business sucks, and raising takeout is not the answer. But, we don't care about the future. We are going to suck out every last dollar we can and stay afloat as long as possible so we can keep our jobs until it is finally over.
Last edited by cj; 12-09-2010 at 04:31 PM.
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12-09-2010, 04:32 PM
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#11
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
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Originally Posted by andymays
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You need to get to the track and buy an extra hot dog!
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12-09-2010, 06:45 PM
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#12
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Veteran
Join Date: Apr 2009
Posts: 9,908
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Marketing live racing key to California s survival - Thoroughbred Times
http://www.thoroughbredtimes.com/nat...-survival.aspx
Excerpt:
“The average age of a racetrack customer is deceased, and the average age of our satellite customer is decomposed,” California Horse Racing Board member David Israel. “The demographic is way too old. We need to attract younger customers to racetrack experience.”
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12-09-2010, 06:46 PM
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#13
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Veteran
Join Date: Jun 2009
Posts: 832
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Quote:
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Originally Posted by cj
What dopes these guys are.
What they are really saying is this:
We know business sucks, and raising takeout is not the answer. But, we don't care about the future. We are going to suck out every last dollar we can and stay afloat as long as possible so we can keep our jobs until it is finally over.
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You nailed It.
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12-09-2010, 07:43 PM
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#14
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Veteran
Join Date: Oct 2009
Posts: 25,607
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They're so clueless that they're not even smart enough to realize they need to buy a clue. And, they're so arrogant that if you told them to their faces that they ARE Clueless, they would laugh and not realize that you're right.
These guys have been saving me money on Comedy CD's from my local Bookstore, i just have to tune into the goings-on in California racing for my comedic needs.....its free!
Comedy Central is jealous of these guys for sure, they're not half as funny.
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12-09-2010, 07:45 PM
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#15
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Veteran
Join Date: Apr 2009
Posts: 9,908
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Quote:
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Originally Posted by Stillriledup
They're so clueless that they're not even smart enough to realize they need to buy a clue. And, they're so arrogant that if you told them to their faces that they ARE Clueless, they would laugh and not realize that you're right.
These guys have been saving me money on Comedy CD's from my local Bookstore, i just have to tune into the goings-on in California racing for my comedic needs.....its free!
Comedy Central is jealous of these guys for sure, they're not half as funny.
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What do you think about the comments made by David Israel in post #12?
Seniors are some of Horse Racings best customers.
Wow.
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