http://www.horseracingbusiness.com/alternative-gaming-at-racetracks-gold-or-fools-gold-1889.htm William Shanklin Mon, 26 Jul 2010 23:13:23 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.horseracingbusiness.com/alternative-gaming-at-racetracks-gold-or-fools-gold-1889.htm/comment-page-1#comment-245 Pete A Mon, 13 Jul 2009 01:16:05 +0000 http://www.horseracingbusiness.com/?p=1889#comment-245 I am a 23 year old horse racing employee. Horse racing is my way of life and my livlihood depends on it. However, froma business standpoint it irks me how many track managers and track personnel are so quick to become complacent with the MTR Gaming model (as you used as your example). I think your comment regarding largess monies from gaming is 100% spot on. No racetrack should turn down alternative gaming, as the infrastructure costs are far less than horse racing, with profit margins much higher. However, racetracks must analyze what went wrong in the way they did business BEFORE alternative gaming and develop a plan to reverse the distribution of revenue to a more balenced model. In other words, tracks should not throw money at mature, lost cause (for lack of a better term) horse racing and develop this mature product into something that can be re-vamped to join its gaming counterpart. Kudos to you sir for putting this in solid business terms and hopefully your cries and mine do not fall on deaf ears and racing can return to profitability, as it was for so many years! I am a 23 year old horse racing employee. Horse racing is my way of life and my livlihood depends on it. However, froma business standpoint it irks me how many track managers and track personnel are so quick to become complacent with the MTR Gaming model (as you used as your example). I think your comment regarding largess monies from gaming is 100% spot on. No racetrack should turn down alternative gaming, as the infrastructure costs are far less than horse racing, with profit margins much higher. However, racetracks must analyze what went wrong in the way they did business BEFORE alternative gaming and develop a plan to reverse the distribution of revenue to a more balenced model. In other words, tracks should not throw money at mature, lost cause (for lack of a better term) horse racing and develop this mature product into something that can be re-vamped to join its gaming counterpart. Kudos to you sir for putting this in solid business terms and hopefully your cries and mine do not fall on deaf ears and racing can return to profitability, as it was for so many years!

]]> http://www.horseracingbusiness.com/alternative-gaming-at-racetracks-gold-or-fools-gold-1889.htm/comment-page-1#comment-238 Twitted by harnessracer1 Sat, 27 Jun 2009 15:23:08 +0000 http://www.horseracingbusiness.com/?p=1889#comment-238 [...] This post was Twitted by harnessracer1 [...] [...] This post was Twitted by harnessracer1 [...]

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