Handle Decline Continues...

[jms62]

Originally Posted by Split Rock

Not going to debate the issue with you. You lost me at "...around almost as long as the game" nonsense. If you really believe cheating today is similar to what it was even 15 years ago, we are not going to have a legitimate discussion.

As far as the economy goes, I think you're the one with the government job. Make yourself more valuable and you'll earn more money, despite the market. Gambling almost always works independent of economic times. Sure, there might be moderate fluctuations but, the reality is, most gamblers will find the money to wager. They may not find the money to replace the moth eaten sweaters or toeless sneakers but they will find money to bet.

You cannot convince me that the casino industry is showing a decline. If economy was the issue, all gambling would be off. It's not.

Dude an economy is not a few people making a ton of money. An economy is having a huge middle class with purchasing power to fuel the machine. Money = Fuel for the engine. An economy can not function with 2% of the people having 95% of the money. That is how it works in the third world. Full Disclousre, I am working making 6 figs and have never been unemployed. Also I don't don blinkers.

PS.

The casino industry is in utter ****ing shambles.

The casino industry has no one to blame but themselves. They are the ones who pushed riverboats everywhere.

And now they're shocked that Vegas and Atlantic City are on the verge of collapse? Duh, you f.ucking idiots. The heartland came to you...now they don't have to because of your greed.

[jms62]

Originally Posted by Coach Pants

The casino industry has no one to blame but themselves. They are the ones who pushed riverboats everywhere.

And now they're shocked that Vegas and Atlantic City are on the verge of collapse? Duh, you f.ucking idiots. The heartland came to you...now they don't have to because of your greed.

And they still want to build in both places.. WTF is that?

[Split Rock]

Originally Posted by jms62

Dude an economy is not a few people making a ton of money. An economy is having a huge middle class with purchasing power to fuel the machine. Money = Fuel for the engine. An economy can not function with 2% of the people having 95% of the money. That is how it works in the third world. Full Disclousre, I am working making 6 figs and have never been unemployed. Also I don't don blinkers.

PS.

The casino industry is in utter ****ing shambles.

The casino industry is hardly in shambles. There are just too many of them now. The major difference is the entire pot of gambling dollars. The racing industry vs the casino industry (minus vegas). I'm talking tribal casinos here.

The point I'm trying to make is that racing is on the decline for MANY more reasons outside of the economy. I personally believe that as soon as the game became as shady as it is today (and I'm speaking 100% about the trainers that are using drugs to win) a large percentage of the BIG players simply went elsewhere with their money. That is what started the downward trend.

Regarding the economy, 2% making most of the wealth does suck. I too make 6 figs and never been unemployed but also feel, like you, that the rich vs. everyone else disparity is a joke. I just don't know how that relates to this discussion.

Bottom line is I'm so tired of hearing people blame racing's decline on the economy. It's like their saying the racing industry was doing so well and once the economy turned downward, racing started to decline. That is such a joke. While I believe the drug issue started the downward trend, racing as a whole has compounded the issue with absurd management and marketing.