Curious Hair wrote:
I'd love horse racing if I could be any good at betting on it. It's a beautiful sport to watch, and the atmosphere is charming. Lund rips on the datedness of the places, but I have a soft spot for that sort of atmosphere. I don't want everything in this world to be bourgeois and new.
One of the bad things is that there are still a lot of racing plants that were built to accommodate crowds of 50,000. Outside of a few special events, that kind of crowd is a thing of the past. People are at OTBs, and, more and more, betting from home via computer.
It's difficult to have a sport that nobody is watching live. Some of the newer tracks have been built smaller so at least it seems as if the crowds are large.
The article touches on it a bit, the fact that racetrack operators seem to think they are in the food and beverage business. They are in the gambling business. Food and beverages are simply an accommodation for the bettors. If the tracks are going to run that part themselves, they should be doing it at break-even. If they're going to make money with it, they should bring in real pros to run it. Anyway who has ever eaten in a racetrack dining room knows what I'm talking about. The food is generally awful.
Take Maywood Park, for example. You have a great mid-century modern building in a good location. They haven't used the third floor in years. If I were running the show over there, I would call the Melman brothers or Billy Dec and offer them the space at no charge if they wanted to build it out and put in a restaurant/club.
Jeff Gural, the operator of the Meadowlands has the right idea. He's building a great new plant.
http://xwebapp.ustrotting.com/absoluten ... &zoneid=35Eventually he will get a casino. But he's a racing fan first. Many of these guys get casinos and abandon the horse racing, failing to promote it and treating it as a pain in the ass.