Juat how popular and money making is Ky derby and Churchill Downs?

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  • louisvillekid
    SBR Hall of Famer
    • 08-14-07
    • 9262

    #1
    Juat how popular and money making is Ky derby and Churchill Downs?






  • JBEX
    SBR Posting Legend
    • 01-02-12
    • 23422

    #2
    seems like a casino down the road to me.. amazing how much over market they're paying for some of the adjacent properties..once the derby's over the rest of the meet is kind of ho hum to me
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    • louisvillekid
      SBR Hall of Famer
      • 08-14-07
      • 9262

      #3
      Originally posted by JBEX
      seems like a casino down the road to me.. amazing how much over market they're paying for some of the adjacent properties..once the derby's over the rest of the meet is kind of ho hum to me
      True, this city builds a whole month around leading up to derby, and after that, it's nothing.
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      • harthebar
        SBR Posting Legend
        • 12-09-11
        • 15708

        #4
        ha ha i agree with jbex but a notch below ho hum,,to me its one of those tracks , if nothing else is going i may look........but the question...i think there was close to 200 million bet at the track i read.....and figure win place show bet take out is 15 % im guessing...may be a bit more or less....not to mention all exotics which are around 25 % app. they make plenty on that day...........what gets me...off the subject...vegas takes a good share to .....and i think there money goes into the pool......at one time it didnt......maybe it still doesnt.... you live in louisville....does it become empty........that city must take a ton in.........duing the week....wow......
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        • louisvillekid
          SBR Hall of Famer
          • 08-14-07
          • 9262

          #5
          Originally posted by harthebar
          ha ha i agree with jbex but a notch below ho hum,,to me its one of those tracks , if nothing else is going i may look........but the question...i think there was close to 200 million bet at the track i read.....and figure win place show bet take out is 15 % im guessing...may be a bit more or less....not to mention all exotics which are around 25 % app. they make plenty on that day...........what gets me...off the subject...vegas takes a good share to .....and i think there money goes into the pool......at one time it didnt......maybe it still doesnt.... you live in louisville....does it become empty........that city must take a ton in.........duing the week....wow......
          i know for the month leading up to derby this city is rocking with events non-stop. Churchill has grown so much in 20 years. Its basically one big corporate event hosting place. The Museum has a steady draw, lots of field trips. But for the rest of this meet it will be dead as far as attendance. Same goes for the other meet seasons. I assume cause Churchill owns Twinspires .com plus other tracks that they are able to make so much money.
          i know they been pushing for being able to have casino table games and slots to compete with southern indiana. So much potential revenue has been lost to people going across the river to play at casinos.
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          • harthebar
            SBR Posting Legend
            • 12-09-11
            • 15708

            #6
            You know. I would 90 % of tracks are empty. Santa Anita. Gulfstream. The winter meet. Are heavy with people. And of coarse Saratoga. And del Mar. Are party atmosphere. Even Aqueduct. Doesn't draw like they used. Other than the major races. Like the has haskell Belmont stakes. . They are parties on that day. Laruel. Preakness day. I would think is there only really big day. ......I may be wrong. Here. But if it wasn't for simulcasting and casino at the tracks. The racing industry. Would be. In big trouble. Real big trouble.
            Do you guys agree
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            • JBEX
              SBR Posting Legend
              • 01-02-12
              • 23422

              #7
              Originally posted by harthebar
              You know. I would 90 % of tracks are empty. Santa Anita. Gulfstream. The winter meet. Are heavy with people. And of coarse Saratoga. And del Mar. Are party atmosphere. Even Aqueduct. Doesn't draw like they used. Other than the major races. Like the has haskell Belmont stakes. . They are parties on that day. Laruel. Preakness day. I would think is there only really big day. ......I may be wrong. Here. But if it wasn't for simulcasting and casino at the tracks. The racing industry. Would be. In big trouble. Real big trouble.
              Do you guys agree
              yes and think it's especially true for the small and medium size tracks..they need simulcasting both ways to make it work I would guess.. taking the better products and getting their signal out there to bet at adw's and simulcast locations..don't think it's a very healthy industry
              overall and casinos are necessary to sustain it in most cases
              Comment
              • louisvillekid
                SBR Hall of Famer
                • 08-14-07
                • 9262

                #8
                Ky tracks definitely need casino games to compete and to help with increasing purse winnings. The bad thing is all the mud slinging in politics, nothing ever gets done, and i dont predict the foreseeable future changing anytime soon.
                Comment
                • harthebar
                  SBR Posting Legend
                  • 12-09-11
                  • 15708

                  #9
                  Politics. True. I live in atlanticc city. And we are losing casinos. Job. Our racetrack clised. And there is only one casino that does simulcasting. .....all the other states around us are getting casino....the people in the state voted for sports betting. Something I believe will save this place ...right now my conto I believe has the highest foreclosure rate in the u.s. what the politicians won't let us get sports now. Is corrupt. They say it will hurt games. In the leagues or some mumbo jumbo .....who is getting paid off....are they that foolish .......that sports betting is going to happen. 200 billion a year. I may be wrong. But why won't they let us have something that will help this place....we do it anyway....
                  Comment
                  • JBEX
                    SBR Posting Legend
                    • 01-02-12
                    • 23422

                    #10
                    Originally posted by harthebar
                    Politics. True. I live in atlanticc city. And we are losing casinos. Job. Our racetrack clised. And there is only one casino that does simulcasting. .....all the other states around us are getting casino....the people in the state voted for sports betting. Something I believe will save this place ...right now my conto I believe has the highest foreclosure rate in the u.s. what the politicians won't let us get sports now. Is corrupt. They say it will hurt games. In the leagues or some mumbo jumbo .....who is getting paid off....are they that foolish .......that sports betting is going to happen. 200 billion a year. I may be wrong. But why won't they let us have something that will help this place....we do it anyway....
                    nj has tried harder than most to get it through.. I remember I think 2 summers ago they were going to
                    preview it at monmouth and then let the casinos have it a little further down the road but never materialized.. whole thing is ridiculous and it would be a big revenue producet
                    as you said.. I know they've been trying to get a casino in the old meadowlands bldg but the locals are fighting that tooth and nail.. be a perfect place for both and think eventually it'll happen.. sure when gural bought the track he had that in back of his mind
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                    • harthebar
                      SBR Posting Legend
                      • 12-09-11
                      • 15708

                      #11
                      Yea. I can go on and on. Because it impacts me directl5....working for the city. And are great government christie has a state takeover ........I could really vent.....lol. .....but he is 6 months away from being a lame duck..........yea Monmouth park was just going to do it........but they just decided no........I just don't get it. How simple
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                      • StackinGreen
                        SBR Posting Legend
                        • 10-09-10
                        • 12140

                        #12
                        It astonishes me that people still live in the NE, particularly Jersey ... (I used to live in Philly)

                        There comes a time when "Home" should be seen for what it is, a cesspool of people with a central gov't redistributing and getting less safe by the minute. Think about your future family and get the hell out of there.
                        Comment
                        • harthebar
                          SBR Posting Legend
                          • 12-09-11
                          • 15708

                          #13
                          I hear you ......believe me starting working for the city when I was 14 . 30 years later. Still here 2 more years I get the pension........Philly. that's a tough one too. No ocean....where did you move to.......I have so many friends that just keft.and went to fla. Or cslif.
                          Comment
                          • harthebar
                            SBR Posting Legend
                            • 12-09-11
                            • 15708

                            #14
                            Let me guess. Vegas
                            Comment
                            • StackinGreen
                              SBR Posting Legend
                              • 10-09-10
                              • 12140

                              #15
                              I wasn't from there. Just never understood the NE living, high taxes, big blue societal destruction, dense populations ... you're just asking for it there. Get that pension and be gone, yes sir
                              Comment
                              • harthebar
                                SBR Posting Legend
                                • 12-09-11
                                • 15708

                                #16
                                Ha ha thought you said you were from philly .....i live in south jersey..small population compared to the north part
                                Comment
                                • louisvillekid
                                  SBR Hall of Famer
                                  • 08-14-07
                                  • 9262

                                  #17
                                  i used to visit philly and jersey all the time as a kid, my dad was from there, but after he got out of the service he ended up in louisville, so thats where im born and raised, but we would visit every year as a kid growing up, i aint been back up there in probably 20 years, still got some cousins and aunts and uncles up there. I remember my dad always brought few cartons of cigarettes up for his mom and sister cause they were like a 1/4 of what they paid. I remember when they would talk about the cost of utilities and car insurance, it was insane the prices they would say they had to pay vs what we pay in louisville.
                                  But i still had fun visiting and sight seeing. We would go to seaside heights, even though ive never enjoyed beaches, i liked all the shops and boardwalk and games and rides.
                                  I dont remember ever going to a race track though, my dad not a gambling man, except lotto, he plays the zhit out of pk 3s and mega and powerball. And my papa just hung out at his vfw drinking with his war buddies and golfed sometimes.
                                  Last edited by louisvillekid; 05-09-17, 02:27 PM.
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                                  • harthebar
                                    SBR Posting Legend
                                    • 12-09-11
                                    • 15708

                                    #18
                                    Originally posted by louisvillekid
                                    i used to visit philly and jersey all the time as a kid, my dad was from there, but after he got out of the service he ended up in louisville, so thats where im born and raised, but we would visit every year as a kid growing up, i aint been back up there in probably 20 years, still got some cousins and aunts and uncles up there. I remember my dad always brought few cartons of cigarettes up for his mom and sister cause they were like a 1/4 of what they paid. I remember when they would talk about the cost of utilities and car insurance, it was insane the prices they would say they had to pay vs what we pay in louisville.
                                    But i still had fun visiting and sight seeing. We would go to seaside heights, even though ive never enjoyed beaches, i liked all the shops and boardwalk and games and rides.
                                    I dont remember ever going to a race track though, my dad not a gambling man, except lotto, he plays the zhit out of pk 3s and mega and powerball. And my papa just hung out at his vfw drinking with his war buddies and golfed sometimes.
                                    everyone has got there thing....one lotto hit would be nice....i never played it myself...............i know it can be dangerous...lol things are very $$$$ up here.........dont smoke....but i know cigarettes cost almost 10 gas is cheap here, 2.25 gall. and you dont even pump your own gas...thing jersey is the only state in the lower 48
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