Quote:
Originally Posted by tector
OK, Karl, now I get it. The government should pick the "winners".
Bulletin--racing is going to lose under that scenario, too. It can't compete in influence, except maybe in KY--or maybe in NY, so long as it serves as an ATM for crooked pols.
The only difference will be that the survivors will not be the result of any rational market decisions (witness the ascent of PA racing).
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The govt already picks the winners. Look at NJ where a private casino gets 250 million handout while racing gets a pittance. Look at the car dealerships that were forced to close when the govt decided who would stay open and who would close. Look at the farming industry where govt influence pushes small farms to sell out to huge conglomerates.
02-10-2011, 03:02 PM
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