Tuesday, October 7, 2008

Ray Paulick: Task Farce

Ray has a pretty tough piece up on wagering integrity and horseplayer concerns here today.

Something we all know too well?

For anyone not paying attention, the volume of pari-mutuel handle on horse racing is down this year by roughly 5%. It’s not just a Kentucky problem. By year’s end, total pari-mutuel handle in the United States may very well dip below $14 billion for the first time since 1999. That’s 10 years of stagnation.

It is well worth a read. And on behalf of HANA, if I may, a big thanks to horseplayer Mike Maloney for taking the time to help the game.


Anonymous said...

Thanks for the kind words. We are working in Ky trying to solve the problems that exist in all 38 racing states.
HANA can have a huge positive impact on the industry. Racing leaders are looking for answers right now, horseplayers have many of those answers. But we must present them in a reasoned, responsible way.
Keep up the good work with HANA and keep up the good info on PaceAdvantage.

Mike Maloney

HANA said...

Thanks Mike.

Keep us posted if you can. I hope something comes out of that panel. It is super-important.

The previous work on the tax stuff (again an archaic thing that should have been tackled long ago) was appreciated by players and it does show that proactive change can happen.

If there is anything we can do here to help, please let us know.

Best luck.