More clueless people

Cannon Shell · #1 02-24-2009, 10:50 PM

http://www.timesleader.com/news/Slot...2-24-2009.html

Maybe if PA lowered its ridiculous take out betting on horse racing may recover a bit. Of course lets throw out things like the average age of bettors in increasing. How exactly did they measure that over a 2 year period? The people who were betting 2 years ago are 2 years older now?

Riot · #2 02-24-2009, 11:32 PM

Quote:

Originally Posted by Cannon Shell

http://www.timesleader.com/news/Slot...2-24-2009.html

Maybe if PA lowered its ridiculous take out betting on horse racing may recover a bit. Of course lets throw out things like the average age of bettors in increasing. How exactly did they measure that over a 2 year period? The people who were betting 2 years ago are 2 years older now?

Don't all bettors have the same birthdate for gambling purposes?

3kings · #3 02-25-2009, 04:59 AM

Quote:

Originally Posted by Cannon Shell

http://www.timesleader.com/news/Slot...2-24-2009.html

Maybe if PA lowered its ridiculous take out betting on horse racing may recover a bit. Of course lets throw out things like the average age of bettors in increasing. How exactly did they measure that over a 2 year period? The people who were betting 2 years ago are 2 years older now?

This article is ridiculous. At the Meadows they are building a casino that abuts the track, there is no attendance because it is a construction site. There is an area about the size of a jail cel to watch the races from. To say attendance is down with out mentioning this is asinine.

Cannon Shell · #4 02-25-2009, 07:23 AM

Quote:

Originally Posted by 3kings

This article is ridiculous. At the Meadows they are building a casino that abuts the track, there is no attendance because it is a construction site. There is an area about the size of a jail cel to watch the races from. To say attendance is down with out mentioning this is asinine.

Penn Nat'l's on track handle was $7 million last year after being $4 million the previous year. Of course not mentioned.

Travis Stone · #5 02-25-2009, 08:25 AM

If a casino is truly flush with cash, and they're supplementing purses, then a track should be able to exist and run its operations on far less takeout.

Suffolk Shippers · #6 02-25-2009, 10:29 AM

Mindless fluff piece, adding basically nothing to the discussion. The focus on this seems to be exclusively on harness tracks. As Cannon points out, left unsaid was the INCREASE in money gambled on the thoroughbreds at Penn National. Slots are not the golden egg for the tracks, but, if done correctly, the money is there to be made.

ShadowRoll · #7 02-25-2009, 10:45 AM

Penn Nat'l pays it forward:
http://www.thoroughbredtimes.com/rac...ht-purses.aspx

dagolfer33 · #8 02-25-2009, 11:12 AM

I can tell you this specific to Penn National, my wife used to work for them for a long time. All they care about is the bottom line. The more machines the better. And if they could, they would eliminate as many people off their payroll as possible. They would love it if they could put a nickle slot in everyones living room. On the casino side of their operation, they would eliminate table games if they could, and I wouldnt doubt if they feel the same about racing.