Earlier this week, the NTRA and Equibase released the handle figures for the United States for 2007. The sad news: handle declined by 0.37% to a little more than $14.7 billion, the third time in the last four years there has been a decrease since the record high of nearly $15.2 billion in 2003.
Alan Marzelli, president and chief executive of The Jockey Club, told the Blood-Horse that "sadly, there isn’t proper cooperative technology in place to accurately analyze the handle figures." I have no idea what that means, maybe you do.
Said Marzelli, "I don’t know what to make of the trends of the last few years. Yes, they are flat. But the questions our industry can’t answer are: Why are they flat? Are we suffering leakage? Are people betting off-shore with bookmakers, or in other ways that are not permitted under U. S. laws? Are they turning to other sports because our sports are not competitive?"
The prez and CEO went on to ask more questions which have absolutely no relevance to the subject. I have never met Alan Marzelli, but I am willing to make a huge wager that he is not a bread-and-butter, everyday bettor on the country’s races. You know, the kind of bettor who frequents his local OTB or ITW parlor and picks out several venues on which to make his bets. Or sits on the couch watching TVG and HRTV while betting on the telephone.
If he did, Mr. Marzelli would know that racing in the United States, for the most part, has never been in a more abominable condition. He would get the feel of what it’s like to bet on four and five and six-horse fields. He would realize that racing in New York and Philadelphia and Kentucky in the dead of winter is unacceptable to real players, what with the falling snow, muddy tracks, an inordinate number of program scratches, an absence of color, barren grandstands, and a 30-length margin separating the winner and the last-place finisher in too many races.
If the head of The Jockey Club professes not to comprehend the problems that have been imposed on the betting public, he’s not the man for the job. As a horse player of some 55 years, who was there before Jamaica went out of business, who watched Aqueduct being built, who suffered from withdrawal pains through the renovation of Belmont Park, who was sitting in the upper level of the Big A the day JFK was shot, and who drove from Fort Bragg, N. C. to Laurel to watch T. V. Lark beat Kelso in the Washington D. C. International in 1961, I abhor the racing of the 21st Century.
The moguls who make up the boards of all the major racing organizations have immersed themselves so deeply into horse slaughter, medication issues, the installation of synthetic surfaces and the like, along with the building of casinos, that they have forgotten the No. 1 priority of the sport - the tote board and the people who light it up.
So, Mr. Marzelli, if you want the answer to your question, here it is. The handle is going down because the product your racetracks are shoving down the throats of the bettors is choking them to death.