Horse-racing tracks with alternative gaming, so-called racinos, have generally been successful in revitalizing the racing product by subsidizing race purses with earnings from gaming. Yet racinos have not achieved what racing interests had hoped would occur: the large-scale crossover of gaming players to betting on horse racing. The question remains whether, given enough time and [...]
Entries from July 2009
CAN SLOTS PLAYERS BE ATTRACTED TO PARI-MUTUEL WAGERING?
July 11th, 2009 · 4 Comments
Tags: Horse Racing Business
INDEPENDENCE DAY: RACING IN EARLY AMERICA
July 4th, 2009 · 1 Comment
The sport of horse racing was deeply ingrained in American culture long before the American Revolution. The first race course was established in 1665 on Long Island in Hempstead Plains and was called Newmarket after the original site in England. Immigrants from Great Britain brought their appreciation for horse racing with them to America. Colonial [...]
Tags: Horse Racing Business
“WHY NOT GIVE SLOTS TO EVERY FAILING BUSINESS?”
July 1st, 2009 · 3 Comments
The following excerpt is from an online column, titled “Governor Rode a Dead Horse” and published on June 26, 2009, by Jim Waters of the Bluegrass Institute in Frankfort, Kentucky. Mr. Waters is the Institute’s Director of Policy and Communications. [click here to read the column in its entirety] “Businessman Ron Geary [owner of Ellis [...]
Tags: Horse Racing Business