Of course I would change it.
But why are you guys so obsessed with price targets?
That's just a number, you need to study and understand the concepts we are bringing to your attention. It's enlightening.
How's this one: there are a bunch of black gangstas and they shoot each other, very violent
is that racist? because that movie's already been done many times by the liberal studios and actors
Are you still ranting about the movie idea and trying to make it out to be a racist thing?
The important point is that racing has been protected for many years by regulations disallowing competitors with other forms of gambling. So to ask about established businesses being harmed is your way of dodging the valid argument.
You claimed the regulations were harmful. I have proven you wrong.
There are laws preventing casinos from opening. That is a fact.
Those laws prevent other forms of gambling from competing with the racetracks.
I'm not going to argue about what happened 139 years ago or the exact number of years that the gov't has protected racing.
What a dumb thing to say!
If it weren't for regulations, racing would not exist!
Regulations gave racetracks the exclusive right to offer gambling until the lottery came along.
and his entire 'racetracks deserve handouts' argument.
he'll probably come back with a "sofla is stupid and I don't need to answer" reply if he can't come up with any sound reasons for his biased opinion
or he might log in with another of his Yahoo IDs
let's wait and see
enough is enough
A- many industries are regulated, that doesn't mean they should be rewarded with handouts, and some of the racing regulations have nothing to do with gambling
B- many businesses pay multiple taxes, it's not unique to racetracks, for example stores have to collect sales tax in addition to paying their income taxes, property taxes etc.
C- when did CHDN create the state's signature event? was it Dickie D's idea? Besides, slots would not affect the Kentucky Derby.
CHDN has already been rewarded for its tax contributions because the state has restricted other businesses from competing with it for more than 100 years.
"Very generic with no details. Will the racing industry put blind faith in legislators to do it fairly should the amendment be approved and voters then approve?"
By 'fairly' I assume you mean CHDN gets exclusive rights to operate slot barn(s) in the Louisville area? How would that be fair?
You and gonzo have avoided that question.
gonzo, self proclaimed math qiz and once a proud graduate of Perdue Chicken University, and Boaf, a guy who revolutionized cutting and pasting links on message bds, just a couple of waste products of the liberal media now supporting corporate welfare, handouts, reverse racism, and redistribution. Too bad.
beton4s and gonzo think it's racist because you mentioned Clint Eastwood and Charlton Heston.
The media made them think that all white, gun loving, well off, Republican American males are racists.
The govt should open it to bidding.
"I attempted to answer your question"
Here are the questions from my post:
"Why should CHDN get special treatment?"
"What if other companies got slots too? What's CHDN going to do? Move? CHDN has nothing to offer Ky in exchange for slots."
You answered that CHDN would pay taxes. So what? Any company would pay taxes (if they were allowed to compete for a slots license).
And you say that some revenue would go to a general racing fund.
Again, so what? They forced casino operators in Illinois to contribute handouts to the tracks, but they didn't exclude non-Illinois companies from obtaining the slots licenses. Any company could contribute the handouts to the tracks.
You say "It's business".
I say it's govt meddling in business.
You guys are fans of big government. The state meddling in the business world. The caring govt watching over and watching out for its minions. That's sweet.
Many people think that faulty banks were unjustly subsidized by the govt because they were 'too big to fail'.
Is the same true of CHDN?
They've dubbed horse racing as Ky's signature industry making it seem essential.
And now, if I understand correctly, they want exclusive right to operate slots in the looterville area.
Where did the free market go? It apparently left Looterville and the entire state of Kentucky.
Shouldn't they make room for other, better managed businesses to grow?