Mobile IBJ article

Lincoln Chapple · 4/11/13, 7:57 PM

There is an interesting article on the mobile Indianapolis Business Journal website dated 4/9/2013 discussing race track incentives from slot machine income.

Can't figure out how to paste a link here but it is a good read if you look it up.

Posted via Mobile Device

Bill Gardner · 4/11/13, 8:06 PM

Didn't the Burg benefit greatly from casino money? If so, I'm in favor of a casino next to every race track.

I believe this is the link. http://media.ibj.com/IBJ/mobile/arti...rticleId=40670

Posted via Mobile Device

HEAD · 4/13/13, 12:41 AM

While I love auto racing and this all sounds nice and peachy in the short term, this is a terrible idea long term. With the addition of casinos to the horse tracks in Ohio, Indiana tracks are already losing some horses to competing tracks. If this bill passes and then they cut the horse racing dates from 160 days for each breed (standard and thoroughbred) to 90 days each, the two "racinos" in the state would have a hard time keeping their head above water. IMS needs to be putting more on the table for this to be logical. The two "racinos" employ thousands of people and bring in MILLIONS of dollars to the state economy. What happens if you cut race dates and purses to both places? I don't think that is a road this state really wants to go down.

sprntr · 4/14/13, 2:58 PM

Quote:

Originally Posted by HEAD

While I love auto racing and this all sounds nice and peachy in the short term, this is a terrible idea long term. With the addition of casinos to the horse tracks in Ohio, Indiana tracks are already losing some horses to competing tracks. If this bill passes and then they cut the horse racing dates from 160 days for each breed (standard and thoroughbred) to 90 days each, the two "racinos" in the state would have a hard time keeping their head above water. IMS needs to be putting more on the table for this to be logical. The two "racinos" employ thousands of people and bring in MILLIONS of dollars to the state economy. What happens if you cut race dates and purses to both places? I don't think that is a road this state really wants to go down.

Why would this cause them to cut dates?

steiny

4/11/13, 8:06 PM	#2
Bill Gardner Administrator Join Date: Jul 2007 Posts: 4,077	Didn't the Burg benefit greatly from casino money? If so, I'm in favor of a casino next to every race track. I believe this is the link. http://media.ibj.com/IBJ/mobile/arti...rticleId=40670 Posted via Mobile Device __________________ Bill Gardner bill@indianaopenwheel.com

4/11/13, 7:57 PM	#1 Mobile IBJ article
Lincoln Chapple Senior Member Join Date: Apr 2011 Posts: 265	There is an interesting article on the mobile Indianapolis Business Journal website dated 4/9/2013 discussing race track incentives from slot machine income. Can't figure out how to paste a link here but it is a good read if you look it up. Posted via Mobile Device

4/13/13, 12:41 AM	#3 Re: Mobile IBJ article
HEAD Member Join Date: Aug 2007 Posts: 82	While I love auto racing and this all sounds nice and peachy in the short term, this is a terrible idea long term. With the addition of casinos to the horse tracks in Ohio, Indiana tracks are already losing some horses to competing tracks. If this bill passes and then they cut the horse racing dates from 160 days for each breed (standard and thoroughbred) to 90 days each, the two "racinos" in the state would have a hard time keeping their head above water. IMS needs to be putting more on the table for this to be logical. The two "racinos" employ thousands of people and bring in MILLIONS of dollars to the state economy. What happens if you cut race dates and purses to both places? I don't think that is a road this state really wants to go down.