The homogeneity of gambling by virtue of on-line wagering and common pool betting are presenting significant challenges/threats to the smaller market tracks.
The common pools will give even more leverage to the big hub facilities like
Woodbine. They're alsready squeezing the little tracks to the limit.
Almost like they're the mob and we're little private shop owners paying for
protection. Every time our shop looks to be doing better, they increase the
amount of protection coverage. We never go forward.
As far as on-line gambling. The various websites are providing reduced
takeout, paying bonuses and giving perks etc. This increases their payouts.
So the tracks take a double whammy if a guy from Windsor bets on a website
located in the carribean. The Windsor guy isn't buying a beer, dinner, pop,
whatever. As well, he has more incentive to stay home because when he hits
what amounts to a $4,000 super at the track, he gets $4,500 at home.
No comments:
Post a Comment