Re: Oaklawn Handle (632 Views)
Posted by:
jma11473 (IP Logged)
Date: April 20, 2020 09:14AM
One thing to keep in mind as far as Oaklawn, too, is that these contracts are negotiated in advance. Oaklawn didn't know 90% of other tracks would be closed, so they couldn't negotiate with the ADWs with the stance they'd be the only game in town.
It's the same reason why everyone raving about how Fonner Park must be rolling in money now that they're handling $3 million a Tuesday...well, with a 3% fee they keep about $90,000 of that and the places taking the bets keep the rest. Maaaaaybe it's 4% and they're keeping $120K. Sure, it's better than nothing but not the bonanza that it looks like on paper.