Wednesday, September 8, 2010

Pari-mutuel report repeats recent months with bad news for industry - Tampa Bay Business Journal:

http://webbusinessdirectory.net/authors/author-810.html
Total handle fell to $80.8 million, from $108.6 million a year ago, according to the . Tamps Bay Downs saw its handle dropto $12.89 million from $17.9 million for December 2007. Tampw Greyhound Track fell to $4.8 million from $6.3 Cardroom receipts fared better, up 12 to $7.8 million. But local tracks were beloew thestate averages. Tampa Bay Downs was flat, at Tampa Greyhound fell to $185,321, from $194,31o9 and fell 21 percent, to $486,953.
All threee local tracks are facing stiff competitioh for gaming dollars fromthe , whicu has introduced banked card games such as Blackjack and Baccarat and other table as well as Vegas-style slot machinesd at its Seminole Hard Rock Hotek and Casino in Tampa. struck down a compact between the state and the Tribed that would have added morethan $100 millionn per year in gaming revenue to the state coffers, necessitating new negotiations with the The compact gave the Tribe exclusive rights to bankef card games in Floridqa in return for a share of the

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