Finley @ ESPN: Good times are over

[PatCummings]

"Have any Racinos invested in capital improvements for the racetracks and not just the slots parlors?"

Philly Park has had plenty of years of not doing much, but I thought the first and third floors were well done in their remake and I think most players would agree with that assessment. I would call them some capital improvements.

[richard]

"Most owners are still losing money and the insinuation that we are running for "too much" money is usually made by those who have never actually had to pay to breed, raise or race a horse."

Ahmen. So Cuomo wants a 2.75% surcharge on purses in NY. You win a race, it does not mean you are turning a profit. What a shake down.
http://cityroom.blogs.nytimes.com/20...er=rss&emc=rss

[Cannon Shell]

Originally Posted by PatCummings

"Have any Racinos invested in capital improvements for the racetracks and not just the slots parlors?"

Philly Park has had plenty of years of not doing much, but I thought the first and third floors were well done in their remake and I think most players would agree with that assessment. I would call them some capital improvements.

How many racino's has Finley actually been to before and after?

Gulfstream has made the ultimate capital improvement.

[richard]

Tioga Downs was racing snowmobiles and had flea markets for crying out loud . Now it's a state of the art harness track with casino owned by Jeff Gural. And he resurrected Vernon Downs too. It's jobs jobs jobs.

[Clip-Clop]

Originally Posted by Cannon Shell

How many racino's has Finley actually been to before and after?

Gulfstream has made the ultimate capital improvement.

Couldn't agree more, that place is something. When we visit Florida, I no longer have to ask to go, she wants to go there.

[Travis Stone]

Originally Posted by PatCummings

"Have any Racinos invested in capital improvements for the racetracks and not just the slots parlors?"

Philly Park has had plenty of years of not doing much, but I thought the first and third floors were well done in their remake and I think most players would agree with that assessment. I would call them some capital improvements.

The entire building at Louisiana Downs was given a face lift when Harrah's came in. I'd hate to see what it would like if they didn't...

[johnny pinwheel]

face it, the good times were over the minute racing NEEDED slot money. someone asks how the closing of tracks will be helpful to racing....its simple there are too many tracks (supply) and not enough betting (demand) to make it worth it....thats why tracks count on this vlt money. i'm from the era when tracks did fine on their own merit and product.......NYRA originally wanted nothing to do with VLT's. the fact that tracks need this revenue shows there is a problem. economics is not rocket science....when the herd is too big, the weak will fall....thats just nature. racing will HAVE to streamline or ALL the tracks will be gone. the ones that survive will be stronger if this happens. With all the VLT action going on, eventually they will see the same fate....how many VLT centers can be built and survive...they will have an awakening too....many times MORE is not BETTER. the politicians don't see horse racing as "too big to fail" so don't hold your breath for a government bailout.

[tector]

From prior experience I know Indian Charlie (the poster, not the horse) understands how a market economy is supposed to work. But past that I am not seeing much evidence of it around here.

So, YEE HAW, bring on the welfare!