Track privitization

[Cannon Shell]

Originally Posted by randallscott35

You are missing the point. Horse racing survives on gambling, not concessions or attendance...If every track needs VLTs than something is wrong with the business model. Of course it can be fixed. But don't expect government to be the one to fix it.

Aren't VLT's a form of gambling? Why should tracks be prevented from exploring other avenues of gambling when the current landscape already allows that in competiting states? Isn't the gov't restricting the types of gambling allowed at track in NJ? So if they want to play favorites with private gambling businesses, why shouldn't the racetrack get paid if they arent allowed to expand their menu? The state shouldnt be in the racetrack business because most states cant run any business profitably. But that doesn't mean that the racetracks aren't still hamstrung by the states decisions.

[randallscott35]

Originally Posted by Cannon Shell

Aren't VLT's a form of gambling? Why should tracks be prevented from exploring other avenues of gambling when the current landscape already allows that in competiting states? Isn't the gov't restricting the types of gambling allowed at track in NJ? So if they want to play favorites with private gambling businesses, why shouldn't the racetrack get paid if they arent allowed to expand their menu? The state shouldnt be in the racetrack business because most states cant run any business profitably. But that doesn't mean that the racetracks aren't still hamstrung by the states decisions.

Once again Chuck it is tiring to say the same thing over again. I was against the bailouts. I am against the state helping casinos, I am against the state helping the autos, I am against the state helping horse racing if it means losing millions of taxpayer dollars in the process. Why you continually change the subject is beyond me...

Explore away on VLTs. I'm at a loss for seeing how pulling a handle is helping boost the sport in any kind of long term way. I don't expect someone who works in the industry to turn down a handout.

[Cannon Shell]

Originally Posted by randallscott35

Once again Chuck it is tiring to say the same thing over again. I was against the bailouts. I am against the state helping casinos, I am against the state helping the autos, I am against the state helping horse racing if it means losing millions of taxpayer dollars in the process. Why you continually change the subject is beyond me...

Explore away on VLTs. I'm at a loss for seeing how pulling a handle is helping boost the sport in any kind of long term way. I don't expect someone who works in the industry to turn down a handout.

You simply refuse to understand the issue. Companies and industry doesnt operate in a vacuum, they pay taxes and employ people as well. The "subsidies" that you refer to in NJ are directly related to VLT's. That is pretty obvious to us 'insiders'.

[randallscott35]

Originally Posted by Cannon Shell

You simply refuse to understand the issue. Companies and industry doesnt operate in a vacuum, they pay taxes and employ people as well. The "subsidies" that you refer to in NJ are directly related to VLT's. That is pretty obvious to us 'insiders'.

You aren't an insider. Your bread is buttered by the industry which in effect calls everything you would say on this into question.

[Cannon Shell]

Originally Posted by randallscott35

You aren't an insider. Your bread is buttered by the industry which in effect calls everything you would say on this into question.

Seriously? Are you really this ignorant?

[randallscott35]

Originally Posted by Cannon Shell

Seriously? Are you really this ignorant?

Another excellent answer Chuck and yet another insult rather than a response. The thread is about NJ racing and our budgetary issues as a state.

If VLTs are so successful, why have horse racing at all? It is about where your gambling dollars are going to go. If you want to funnel VLT money into horse racing forever, I'm wondering where that business model ends. When VLTs are around every corner? When does the horse racing product on its own make money.

[Cannon Shell]

Originally Posted by randallscott35

Another excellent answer Chuck and yet another insult rather than a response. The thread is about NJ racing and our budgetary issues as a state.

If VLTs are so successful, why have horse racing at all? It is about where your gambling dollars are going to go. If you want to funnel VLT money into horse racing forever, I'm wondering where that business model ends. When VLTs are around every corner? When does the horse racing product on its own make money.

Saying that because I am involved in an industry anything I say on said industry should be called in question isn't ignorant? As if my opinion or better yet, your view on the issue matter.

Quite a few people in the thread have attempted to relay to you that your take on the issue is mindnumbingly wrong. Your simplistic view on the issue just doesnt take into consideration pesky little items like facts.

And the idea that any business should be unable to expand its offerings to compete in a changing market is myopic.

Why doesn't McDonalds just sell hamburgers? They are in the hamburger business right?