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Originally Posted by justindew
In my opinion, this is the bottom line:
In the horse racing industry (as well as many, if not all other industries) no one does anything unless they have proof the move will help rather than hurt business. It seems like people in this industry are more risk-averse than most businessmen, but I guess I have no proof of that.
For one reason or another, correctly or incorrectly, CD feels an AE list is not the best move for business. My theory is that this refusal has to do with advance wagering and bettor confusion.
As for the Derby Draw, it generates revenue.
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Actually this business is way less risk averse than normal businesses. The tracks are the only ones who are risk averse and that explains a lot in how they have stagnated.
CDI may feel that an AE is not a good move for business but that certainly doesnt mean they are right.
The Derby draw generates revenue? Are they selling tickets now?