headwinds

[Michael D.]

- today\'s top horses run about four or five times a year
- added competition from other sources of gaming (on-line, NA casinos)
- a state govt that views racing as an ATM rather than a viable industry
- $6 mio Dubai World Cup, and $5 mio BC Classic and other BC races are the main objectives for top horses.
- new yorkers don\'t really like horses that much

too many headwinds in the current environment.

there is little chance that Bel or Aqu will attract big crowds in the foreseeable future without slots.