http://articles.latimes.com/1987-08-...8_1_race-track
Beyer from 1987..
Interesting sidebar inside the piece:
In a speech he recently gave in Lexington, Ky., about expansion of racing into new states, Killingsworth said that wagering has been increasing at Birmingham, but he conceded that he had made a mistake--"and nobody forgets your mistakes." Killingsworth evidently overlooked a crucial point that author Eugene Christiansen made before the American Horse Council's convention in Washington last month.
"It is impossible for a new track in a virgin market to perform as well as comparable tracks in mature markets right out of the gate," Christiansen said. "No form of gambling is as difficult to learn as horse racing. It takes time to make new horseplayers. It takes years."
That point can't be reiterated enough...
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All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad
A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine
Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans
The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
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