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Originally Posted by Cannon Shell
Freddys argumnet only makes sense from a macro-economic viewpoint in which everything was neatly seperated. It isnt. Horseracing derives it income from gambling. Slots are now part of that economy regardless of what racing does. Racing has taken the view it is better to join them, gain in the short term and possibly be weakened in the long term than to fight them directly and assuredly lose in the short term which means there is no long term. KY is a good example of what happens when you dont embrace the alternate gambling money. And yes racing does deserve that money and the ability to capitilize on that form of gambling because it has long been the only player in that field and has capitulated many times to state govt to stay in business. The states have drawn a disproportionate amount from our revenue streams for decades, it is about time we got paid back. Except in the corrupt world of dirty, under the table money taking politicians like David Williams.
And Freddy, if the horse industry leaves KY there is nothing to come in and replace it. The business climate in this state is not very good and there is a reason that business that flowed South out of anti business states like NY and NJ passed right on by KY.
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There is something to come and replace it...... Ball Homes Inc. Subdivisions,gated communities,huge shopping centers next to Keeneland,etc.