Author Topic: Race Tracks vs Casino's  (Read 353 times)

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Racetime

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Race Tracks vs Casino's
« on: Today at 11:58:19 AM »
If you close half of the Casino's  at the Tracks and closed half the Tracks at the other half who's going to be thriving and who's going to be closing  ?

Lockedin with Pace

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Re: Race Tracks vs Casino's
« Reply #1 on: Today at 12:41:10 PM »
Pacer2 and "G" plan to build their own track and name it THRIVING DOWNS.

Pacer 2

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Re: Race Tracks vs Casino's
« Reply #2 on: Today at 12:42:27 PM »
If you close half of the Casino's  at the Tracks and closed half the Tracks at the other half who's going to be thriving and who's going to be closing  ?
  Both may be closing. Tracks provide plenty of support for casinos.

Kenny

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Re: Race Tracks vs Casino's
« Reply #3 on: Today at 01:34:40 PM »
  Both may be closing. Tracks provide plenty of support for casinos.

Just the opposite.

Quote
It is a historical and structural fact that racinos heavily subsidize horse racing, not the other way around. The statement "Tracks provide plenty of support for casinos" turns the real-world economic relationship completely on its head.In a racino ecosystem, the highly profitable slot machines, video lottery terminals (VLTs), and table games legally bankroll the struggling live racing operations.

Brown jug

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Re: Race Tracks vs Casino's
« Reply #4 on: Today at 05:49:24 PM »
irrelevant  question
states that understand it ensure there is a partnership and a split of funding
remember that casinos are a drain on economic activity, the casinos rake in millions which is withdrawn from the economy for ever and have no economic downstream in the area other than the few people who work there making minimum wage
racetracks and horses have a huge positive beneficial  economic impact as the racing itself is a very labor intensive industry providing many economic benefits downstream which i have posted before
please limit response from people who own at least 100% of a horse(s)
not interested in comments from people with no skin in the game
you know who you are


captaintreacherous

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Re: Race Tracks vs Casino's
« Reply #5 on: Today at 06:33:12 PM »
Spot on Brown Jug.

 

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