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Some NYCOTB Handle Appears To Be Migrating

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The NY Racing product is a good one, and it's good to see that while intrastate OTB handle is down, the product is being wagered upon by bettors using other outlets. 

From The Thoroughbred Times: In comparing Thursday’s Aqueduct card—the second contested since the closure of New York City Off-Track Betting—to comparable racing cards, it appears that at least some displaced bettors are finding new outlets.

While the intra-state handle on the Aqueduct card declined 39.1% compared with the previous Thursday card on December 2 and 45.7% to the corresponding Thursday racing card in 2009, the New York Racing Association appears to be picking up some of those losses in its on-track wagering. For the rest of the article: http://www.thoroughbredtimes.com/national-news/2010/12/09/some-nycotb-handle-appears-to-be-migrating.aspx

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

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