Comments on: “WHY NOT GIVE SLOTS TO EVERY FAILING BUSINESS?” http://www.horseracingbusiness.com/why-not-give-slots-to-every-failing-business-2241.htm William Shanklin Mon, 26 Jul 2010 23:13:23 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: ellis park racetrack | ArticleLux http://www.horseracingbusiness.com/why-not-give-slots-to-every-failing-business-2241.htm/comment-page-1#comment-243 ellis park racetrack | ArticleLux Sat, 11 Jul 2009 16:49:53 +0000 http://www.horseracingbusiness.com/?p=2241#comment-243 [...] “WHY NOT GIVE SLOTS TO EVERY FAILING BUSINESS?”“Businessman Ron Geary [owner of Ellis Park racetrack in Henderson, Kentucky] who’s already reduced the number of racing days during this year’s live meet by more than half, says Ellis Park will close after Labor Day. …Read More [...] [...] “WHY NOT GIVE SLOTS TO EVERY FAILING BUSINESS?”“Businessman Ron Geary [owner of Ellis Park racetrack in Henderson, Kentucky] who’s already reduced the number of racing days during this year’s live meet by more than half, says Ellis Park will close after Labor Day. …Read More [...]

]]> By: KonstantinMiller http://www.horseracingbusiness.com/why-not-give-slots-to-every-failing-business-2241.htm/comment-page-1#comment-242 KonstantinMiller Tue, 07 Jul 2009 03:31:57 +0000 http://www.horseracingbusiness.com/?p=2241#comment-242 Hi! I like your srticle and I would like very much to read some more information on this issue. Will you post some more? Hi! I like your srticle and I would like very much to read some more information on this issue. Will you post some more?

]]> By: malcer http://www.horseracingbusiness.com/why-not-give-slots-to-every-failing-business-2241.htm/comment-page-1#comment-241 malcer Wed, 01 Jul 2009 17:01:57 +0000 http://www.horseracingbusiness.com/?p=2241#comment-241 Point 1: It's obvious from the development tracks such as Mnr, PrM, Philly Park etc. have taken that slots are a HUGE gift to those racetrack operators. Please don't make it sound like they need to get their arm twisted to accept them. Point 2: I have yet to find the industry leader who would turn down anything that makes a lot of money at little risk and little cost, no matter how remote it is from their core business. Given half a chance, I guess P&G or GM wouldn't hesitate operating a slots business next to every factory they own. Point 3: Of course it's the same government which protects Ellis and every other Kentucky track from being surrounded by Vegas-style casinos. Horse racing owes a lot of its historic success to its status as the government's sweetheart industry. And tellingly, Kentucky horsemen's reaction to the busting of the breeding bubble is to run to said horrible government and ask for a bailout. Point 4: Maybe, but would you also hold that opinion if the government decides to allow slots at every racetrack without requiring slots operators to subsidize racing? Point 1: It’s obvious from the development tracks such as Mnr, PrM, Philly Park etc. have taken that slots are a HUGE gift to those racetrack operators. Please don’t make it sound like they need to get their arm twisted to accept them.

Point 2: I have yet to find the industry leader who would turn down anything that makes a lot of money at little risk and little cost, no matter how remote it is from their core business. Given half a chance, I guess P&G or GM wouldn’t hesitate operating a slots business next to every factory they own.

Point 3: Of course it’s the same government which protects Ellis and every other Kentucky track from being surrounded by Vegas-style casinos. Horse racing owes a lot of its historic success to its status as the government’s sweetheart industry. And tellingly, Kentucky horsemen’s reaction to the busting of the breeding bubble is to run to said horrible government and ask for a bailout.

Point 4: Maybe, but would you also hold that opinion if the government decides to allow slots at every racetrack without requiring slots operators to subsidize racing?

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