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Originally Posted by Scurlogue Champ
Sounds to me like he is just telling the truth.
What did you expect him to say?
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I'd expect him to act like a responsible corporate figure. Imagine a Ford executive saying, "The market for pickup trucks has been fading since the '70s. In fact, pickup trucks really suck. I wish we only sold cars." If I were an MTR stock holder, I'd be writing a letter of complaint asking that this bozo be fired.
Secondly, although I recognize that it's past its heyday, I don't agree that horseracing is in its death throes. In fact, I have great optimism that the industry, if it ever gets off its collective monolithic ass, can adapt to the changing times. Besides, I'm sick of hearing this defeatist crap, especially from someone who should be an ally, but turns out instead to only be a quisling.