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Entries from August 2011

MORE ON RACETRACK PARI-MUTUEL WAGERING

August 21st, 2011 · 15 Comments

One of the principal findings of the McKinsey & Company study presented last Sunday at the Jockey Club Roundtable is that handicapping and betting on horse racing can be intimidating to people who are not familiar with the processes. The McKinsey consultants showed a video clip of a man in his early-to-mid 20s trying to figure [...]

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WHY PARI-MUTUEL BETTING IS TOO COMPLICATED

August 20th, 2011 · 12 Comments

Racino earnings from slot machines have helped to support pari-mutuel purses in North America during a time when wagering on horse racing has been in decline. However, there has not been the hoped-for migration of slots clientele to pari-mutuels. This is unsurprising because slots are simple to understand, easy to play, and provide immediate feedback, [...]

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THE JOCKEY CLUB ROUND TABLE CONFERENCE

August 15th, 2011 · No Comments

Saratoga Springs, NY – The Jockey Club Round Table Conference that was held yesterday covered a number of important subjects. The one of most interest here was the McKinsey & Company report on how to reverse the longtime downtrend in horse racing, and in particular in pari-mutuel handle. The McKinsey & Company consultants were quite candid [...]

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Tags: Horse Racing Business