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By Casino could position NYRA to lower takeout, grow business
jeff
12/9/2011
12:10:03 PM


Casino could position NYRA to lower takeout, grow business:
http://www.lvrj.com/sports/casino-could-position-nyra-to-lower-takeout-grow-business-135308658.html

From an article by Richard Eng in the Las Vegas Review Journal:


--quote:
"Hayward now has a chance to be a game-changer for horseplayers, too. In past years, we have seen one racetrack after another take revenue from slot machines and raise their purses. That's fine. But I have not seen any of these tracks lower their takeout, in essence growing their business with bettors and creating new ones.

The NYRA could start the grand experiment of lowering its takeout to increase handle where maybe the horse industry can discover its optimal pricing level."
--end quote


Read more at the link:-click here-


-jp

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