Cutting the number of Ontario racetracks would be a bad bet - thestar.com

The Star has printed an article by John Stapleton further educating Ontarians on gaming revenue at racetracks


Cutting the number of Ontario racetracks would be a bad bet - thestar.com:

"Is the money paid by the government to generate new business, electrical power or liquor sales a subsidy? If so, then let’s call every investment a subsidy and banish the concept of investment from the government dictionary."

...

The reality is that there is no right or wrong number of racetracks for Ontario. A number of armchair statisticians have weighed in with their assessment that 17 racetracks in Ontario (one for each 800,000 in population) are way too many. Let’s teach some of their racing expertise to New Zealand, where there are 61 tracks (one for each 72,000) and Australia, where there are 451 (one for each 50,000). These countries are sure to appreciate our new-found expertise in racetrack math.

I wrote ''The Myth of the Horse Racing Subsidy" last week on my original content blog