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And speaking of which... (825 Views)
Posted by: TGJB (IP Logged)
Date: March 29, 2004 01:42PM

I totally agree with Len's post about takeout reform. I also think that the recent boycott by big bettors was a watershed event that went by almost unnoticed-- because rebate sites have direct access to players responsible for a very big chunk of the handle, going forward it will be possible to use that leverage to gain a voice in what transpires.

There are a lot of variables, interests, and economic pressures here, but one way this could go is-- handle moving to rebate houses forces the industry to cut out the middle man by giving rebates themselves to big bettors, and political considerations then force takeout cuts for all. But without economic pressure (i.e. handle moving towards lower prices) nothing will happen-- track operators and legislators can't/won't get it unless they are hit over the head.



TGJB



Subject Written By Posted
And speaking of which... (825 Views) TGJB 03/29/2004 01:42PM
And maybe not (552 Views) Thehoarsehorseplayer 03/29/2004 03:17PM
Re: And maybe not (507 Views) TGJB 03/29/2004 04:37PM
Re: And speaking of which... (554 Views) HP 03/29/2004 04:42PM
Re: And speaking of which... (579 Views) TGJB 03/29/2004 05:07PM
Re: And speaking of which... (499 Views) JimP 03/29/2004 06:15PM
Yes, I meant takeout not handle. (513 Views) Thehoarsehorseplayer 03/29/2004 08:19PM
Re: Yes, I meant takeout not handle. (501 Views) HP 03/30/2004 09:01AM
Re: Yes, I meant takeout not handle. (557 Views) Know Nothing 03/30/2004 09:42AM
Re: And speaking of which... (529 Views) derby1592 03/29/2004 06:48PM
Small Player's Perspective (536 Views) BitPlayer 03/29/2004 06:54PM


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