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Racino's in KY


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As one who travels a lot, and has a pretty good knowledge of the horse industry; casinos are indeed imperitive to keep Kentucky's signature industry competitive. Surrounding states have already made a mockery of some of our mid-level to smaller tracks; and will put them out of business in short order if we don't do something soon.

 

Churchill Downs will survive because of the Derby, but is already being hurt deeply by neighboring states "racinos". Seeing 6 horse fields at CD is simply a joke?? Keeneland lives off of the commissions from their sales, but is still being affected by this competition as well.

 

As a Kentuckian and longtime racing fan, it sickens me to watch racetracks like Hoosier Downs, Indiana Downs, CharlesTown, Mountaineer, etc. grow and prosper while tracks like Turfway and Ellis Park are dying, as their KY bred horses head there in search of "racino subsidised" purses. The next blow will be when the states start throwing money at the breeding side of the business, and it becomes more profitable to field an "Indiana-bred" or "West Virginia-bred" horse vs. a KY-bred; and the farms start to suffer, because you can take them anywhere to give birth??

 

This is strictly a political battle of how to divide up the money, and once Ohio votes to follow suit; the window of opportuntiy will close further. We've already missed the boat (no pun intended); as who would visit Horseshoe in Elizabeth, IN or the NKY area Indiana casinos, if we had casino options on the river in Louisville or NKY?? Shame on ALL these bureaucrats for their mishandling of this issue!!!! :puke:

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I would have less problems with the slots in horse racing venues than opening up casinos across the state.

 

I would be very wary of this being a way to get the foot in the door and then push for full-blown casinos throughout the state down the road. I don't think putting the state's financial future on gambling is a strong plan.

 

My understanding from the papers in NKY, the casinos are reporting major drops in revenue during these hard economic times and I wonder if there will not be the impact that the proponents are claiming.

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My understanding from the papers in NKY, the casinos are reporting major drops in revenue during these hard economic times and I wonder if there will not be the impact that the proponents are claiming.

 

How does this coincide with your idea that, during hardship, people will look to casinos as the solution to their financial woes?

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I would have less problems with the slots in horse racing venues than opening up casinos across the state.

 

Two questions:

 

- Are people in one part of the state better capable to resist the temptations of gambling than those from other parts?

 

- You do realize that there are horse-racing venues already all over the state, right? OTB parlors and lower-profile harness and quarter-horse tracks would also come into play, as well.

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Two questions:

 

- Are people in one part of the state better capable to resist the temptations of gambling than those from other parts?

 

- You do realize that there are horse-racing venues already all over the state, right? OTB parlors and lower-profile harness and quarter-horse tracks would also come into play, as well.

 

No.

You are talking me out of my tepid understanding of saying it is acceptable.

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I am saying that the governments are doing that, not the people themselves.

 

On 6-24-09, you said:

If you were personally in a tight, bad economic times, would you look to gambling as an answer to your problems?

 

Perhaps I have misinterpreted what that meant.

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On 6-24-09, you said:

 

 

Perhaps I have misinterpreted what that meant.

 

And I said that to make the point that we wouldn't do that individually but it is the EXACT thing that governments, schools, HS athletic teams are doing. And IMO, it is a dangerous path to expect gambling to be their financial answer.

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And I said that to make the point that we wouldn't do that individually but it is the EXACT thing that governments, schools, HS athletic teams are doing. And IMO, it is a dangerous path to expect gambling to be their financial answer.

If gambling isn't a problem for individuals (because you've indicated that, in times of financial hardships, individuals do not use gambling as the answer), then gambling revenue is from willing people capable of spending the money. What's the problem with it then? Are you opposed to racino's on the grounds that they won't raise enough money?

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If gambling isn't a problem for individuals (because you've indicated that, in times of financial hardships, individuals do not use gambling as the answer), then gambling revenue is from willing people capable of spending the money. What's the problem with it then? Are you opposed to racino's on the grounds that they won't raise enough money?

 

I didn't say that either.

 

Yes, gambling is a problem for individuals and government should not be in the business of creating more obstacles for individuals.

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I didn't say that either.

 

Yes, gambling is a problem for individuals and government should not be in the business of creating more obstacles for individuals.

:thumb: Gotcha. I think gambling can be a problem for individuals, but it can also be a source of enjoyment for many as well as a creator of jobs and revenue. It's also a way to keep money in the state as opposed to leaving. And, to top things off, like you said, in times of hardship people stop going to gamble, which leads to me to think ever more so that Americans are responsible enough to make their own decisions (and I'm not implying that you aren't allowed to have your own opinion, so please don't go there).

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:thumb: Gotcha. I think gambling can be a problem for individuals, but it can also be a source of enjoyment for many as well as a creator of jobs and revenue. It's also a way to keep money in the state as opposed to leaving. And, to top things off, like you said, in times of hardship people stop going to gamble, which leads to me to think ever more so that Americans are responsible enough to make their own decisions (and I'm not implying that you aren't allowed to have your own opinion, so please don't go there).

 

Funny since how I hear over and over that it was predatory lending policies that created the home loan issues and so many responsible Americans losing their homes. It was these dastardly bankers looking to make a buck that were at fault instead of the responsible Americans getting loans that 1) they couldn't afford; 2) didn't know what they were getting themselves into.

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Funny since how I hear over and over that it was predatory lending policies that created the home loan issues and so many responsible Americans losing their homes. It was these dastardly bankers looking to make a buck that were at fault instead of the responsible Americans getting loans that 1) they couldn't afford; 2) didn't know what they were getting themselves into.

 

But what does that have to do with racinos?

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