Texas tracks ordered to shut down

[BuddyOscar]

http://abc13.com/news/texas-racing-c...-doors/964637/

[summersquall]

The place was nearly deserted today. Such a shame, and a serious loss for all of the well meant efforts that have been put forth over the past couple of decades on the part of the owners to acclimate their business model to the dwindling fan base in this city of three million people. I remember when the North annex was a very busy place used exclusively for simulcasting when the track first opened. I guess this is one of the inevitable results when a particular mindset wields the gavel in Austin. A sad day for all involved in Texas horseracing.

[cutchemist42]

Thats a shame, Ive loved the Sam Houston track for two years now.

[LottaKash]

Yikes !...I mean Texas and horses are almost synonymous, and now they shut the Horse-Tracks down....Go figure ...

Who in the heck is in charge of anything, anymore...???...

[PaceAdvantage]

What is the point of these "historical racing" betting terminals?

The sad part is, people will throw money at these things.

[Maxximus]

Originally Posted by PaceAdvantage

What is the point of these "historical racing" betting terminals?

The sad part is, people will throw money at these things.

The Texas Racing Commission shot themselves int he foot by even introducing these stupid machines. They enforce the NO ADW rule and now they insist on these terminals to SAVE texas horse racing. They could have put an amendment to the Texas Racing Act where it says no online gambling but NO they didn't. They instead take Twinspires to court to shut any out of state ADW company to do business within the state. Now they ruined it for bettors, horsemen, employees of the industry, and the horses. Great job TRC!

[Dave Schwartz]

PA,

The point is that they want to draw the fans away from horse racing and towards a completely chance-oriented system.

Eventually, the idea is that they keep the gambling but have no need for purses and other track expenses.

[biggestal99]

Originally Posted by PaceAdvantage

What is the point of these "historical racing" betting terminals?

The sad part is, people will throw money at these things.

slot machines bring the bucks to the purse account.

Example: Kentucky downs purses

Allan

[chadk66]

I always thought a Racing Commission was supposed to regulate and "promote" the racing industry.

[forced89]

Remember that out of state casinos own all or controlling interest in the 3 Texas tracks. Could it be that they are pushing Historical Racing Terminals as a foot in the door for slots the way Oaklawn did it.

Note I live in Texas but race at Remington and Oaklawn. Why? It's the purses stupid!!

[RXB]

Originally Posted by PaceAdvantage

What is the point of these "historical racing" betting terminals?

The sad part is, people will throw money at these things.

Yep, and that's why the purses at Oaklawn have doubled in recent years. And that's why the Texas tracks want them.

Texas is literally surrounded by horse racing states where other gaming sources supply a large portion of the purse money. That's a big reason why racing in Texas is dying.

[EMD4ME]

I find it absolutely stupifying that Texas does not allow ADW's.

I can understand politician's being bribed to make sure slots don't go up but what is the motivation behind not allowing ADW's in Texas?

It is the largest state from a circumference perspective, how could they expect people to actually be on site at a track?

[cj]

Originally Posted by RXB

Yep, and that's why the purses at Oaklawn have doubled in recent years. And that's why the Texas tracks want them.

Texas is literally surrounded by horse racing states where other gaming sources supply a large portion of the purse money. That's a big reason why racing in Texas is dying.

Oaklawn has a lot more than historical racing.

[garyscpa]

Originally Posted by PaceAdvantage

What is the point of these "historical racing" betting terminals?

The sad part is, people will throw money at these things.

That is the point of them. See how Oaklawn and the Kentucky tracks have profited by them.

[garyscpa]

Originally Posted by chadk66

I always thought a Racing Commission was supposed to regulate and "promote" the racing industry.

I agree, Chad. Don't know when they got into the promoting business.


Purposes


The purpose of the Texas Racing Act is to:

"provide for the strict regulation of horse racing and greyhound racing and the control of pari-mutuel wagering in connection with that racing. (Act, §1.02)

Generally, the Texas Racing Commission's responsibilities are:

"[to] regulate and supervise every race meeting in this state involving wagering on the result of greyhound or horse racing. All persons and things relating to the operation of those meetings are subject to regulation and supervision by the commission. The commission shall adopt rules for conducting greyhound or horse racing in this state involving wagering and shall adopt other rules to administer this Act that are consistent with this Act." (Act, §3.02)