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#6
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Philadelphia is a huge population center ... it's one of the five largest cities in the US by population and it has been for a very long, long, long, time. The kind of product that is passing for horse racing there is disgraceful. It's very uninteresting racing, and the takeout rates are so draconian, that they're among the very highest IN THE ENTIRE COUNTRY! Parx has a massive population center, they have slots, they have all of the table games Vegas has, and yet their horse racing product is terrible despite tremendously high purses. Why don't they do everyone a favor and quit horse racing there. Just write the horsemen based at Parx monthly 'Welfare checks' from the slots and table revenue, and let them take their horses to other places to compete and better fill cards. Not that Penn National or PID are any less when it comes to being monuments of waste with uninteresting racing, dramatically high takeouts, and skimpy betting pools. |