Good Sunday to you. Great racing this weekend, which we can talk about later in the weekend. Today, one week before the important Gaming Conference in Montreal, I want to link to Dean Towers' "Pull the Pocket"
blog.
Towers makes the case that Ontario tracks out to immediately reduce their takeout by 7 percent, a figure that corresponds to the reduction in provincial taxes the tracks have received since 1996. Here is Towers' pitch:
"When we listen to Woodbine or other track and horseman execs they often complain that Pinnacle is "stealing" their customers because they offer a 5% rebate. Well, you guys have a 7% rebate that you can give us now that would crush the offshores you complain about.
The argument that they can't afford it simply does not hold water. They got this 7% added in 1996, so they were operating without it for many years. You can't say you can not afford to give something back that you never had in the first place. Not to mention, over $2B has been added to this business through slots, so we can not cry poor."
Andrew here again. My question for First Over is this. If you could ask any of the Montreal panelists three questions about the future of wagering on harness racing what would they be and why? We'll keep a list and make sure to send them to Standardbred Canada in time for the Conference.
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