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Post by hesnotmypres on Feb 7, 2014 13:31:01 GMT -5
I've been following Teresa Genaro on Twitter and it looks like Chris Kay and his Management Team will be raising the prices on Belmont Stakes Day.
Does he really think raising prices will pack them in?
Tweets are below.
Pres
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Post by hesnotmypres on Feb 7, 2014 13:32:36 GMT -5
 When she publishes the story I will post it. Pres |
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Post by hesnotmypres on Feb 7, 2014 13:44:47 GMT -5
Tim Wilkin is the Horse Racing writer for the Albany Times Union. Here is his tweet  Pres |
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Post by hesnotmypres on Feb 7, 2014 13:54:59 GMT -5
Chris Kay is big on Entertainment, betting not so much. The Travers question as non-committal is disturbing also. I truly was hoping for some better news, but raising prices will just keep pushing away people from the track. Maybe that's his plan.  Pres |
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cait
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Post by cait on Feb 7, 2014 13:59:54 GMT -5
if there's a chance for a TC winner, prces won't matter - don't prices go up every year for other major sporting events?
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Post by hesnotmypres on Feb 7, 2014 14:12:24 GMT -5
The Belmont was a "value" now it's just like the other races. People will now wait to buy a ticket to see if there's a Triple Crown possibility. Why pay full price for just another race?
Pres
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Post by hesnotmypres on Feb 7, 2014 14:33:20 GMT -5
You're now looking at $30 for Grandstand Admission (NO seat included) and $50 for Clubhouse ( NO seat included) . With those prices the "average Joe" will not make his/her annual trip to the races.
In my opinion people will pay the increased prices at Saratoga because it's considered a "boutique" meet, Belmont not so much.
Pres
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Post by hesnotmypres on Feb 7, 2014 14:42:58 GMT -5
A Grandstand Reserved seat will now start at $75, Clubhouse $150
Pres
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Post by hesnotmypres on Feb 7, 2014 17:42:48 GMT -5
Parking in the Green lot, the one closest to the track will be $75.
So let's say Husband -Wife heads to Belmont for the Stakes.
They want to do it "right".
$75 to park, two Clubhouse seats $300 ($150 per) they are out $375 without any food,program or even one bet yet.
In my opinion by raising the prices will most certainly hurt the On Track handle. The "lure" of the big purses is only good for the Owners, not the " average Joe" who looked forward to his/her annual trip to Belmont.
Pres
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Deleted
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Post by Deleted on Feb 7, 2014 21:45:00 GMT -5
wow! if those numbers are legit, i would NEVER go there for that race, regardless of how much money i had. that is a joke!
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Post by hesnotmypres on Feb 7, 2014 21:52:53 GMT -5
Wiz:
What do you think Derby Day costs?? Hate to say it, even more.....you would think they would lower the admission prices so people would bet more. But with CDI and now NYRA they feel by getting there's at the admission gate is better... This will "blow up" in their face, especially when there is no Triple Crown on the line.
Pres
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Deleted
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Post by Deleted on Feb 7, 2014 23:30:18 GMT -5
Here are the general admission prices for some of the world's major races: Breeders’ Cup Saturday - $25 advanced, $40 at the gate Kentucky Derby - $50 Preakness Stakes - $25 Irish Derby - $55 Royal Ascot - $90 Prix Arc de Triomphe - $61 Belmont Stakes $30 When I went to Royal Ascot about 10 years ago, I paid $86 for a General Admission ticket and $20.00 to park (exchange rate was $1.66 per British pound) The Racing Program was $4.15 and a Race Card (quasi-PPs) was $9.00 So, what's the big deal? Attachments:
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Deleted
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Post by Deleted on Feb 8, 2014 0:01:55 GMT -5
the big deal is everyone, and i mean everyone, who is charging these kind of prices just to attend the races, is ignorant of how racing survives. as challedon said in another thread, rscing is not like other sports. racing is not going to survive on admission, concessions, tv rights, and souvenirs. every dollar they take out of the betting publics pocket for these overpriced things is a dollar less they have to bet with. the less money bet, the less money the track can take out, which is where they make their money to stay afloat and survive. this is why people don't go to live racing anymore, on big days or small. the prices for all of those events you listed is ridiculous.
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Deleted
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Post by Deleted on Feb 8, 2014 0:11:35 GMT -5
the big deal is everyone, and i mean everyone, who is charging these kind of prices just to attend the races, is ignorant of how racing survives. as challedon said in another thread, rscing is not like other sports. racing is not going to survive on admission, concessions, tv rights, and souvenirs. every dollar they take out of the betting publics pocket for these overpriced things is a dollar less they have to bet with. the less money bet, the less money the track can take out, which is where they make their money to stay afloat and survive. this is why people don't go to live racing anymore, on big days or small. the prices for all of those events you listed is ridiculous. Last year, with no Triple Crown on the line, a muddy to good to "fast" main track and a yielding turf course, the total handle was $88M. |
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Deleted
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Post by Deleted on Feb 8, 2014 0:28:45 GMT -5
so whats your point? most of that money sure as hell didn't come from on track betting, and what did im sure could have increased if the patrons had more money in their pockets to wager. also how about the fans who do only come once a year? they see prices like that, do you think they are going to consider a day at the track as more then just a once a year frill? hell no. these tracks should be giving admission and programs away on ALL days to get these customers to come back. this is something casinos and ADW's learned long ago but tracks are to stupid to realize.
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Deleted
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Post by Deleted on Feb 8, 2014 10:09:09 GMT -5
so whats your point? most of that money sure as hell didn't come from on track betting, and what did im sure could have increased if the patrons had more money in their pockets to wager. also how about the fans who do only come once a year? they see prices like that, do you think they are going to consider a day at the track as more then just a once a year frill? hell no. these tracks should be giving admission and programs away on ALL days to get these customers to come back. this is something casinos and ADW's learned long ago but tracks are to stupid to realize. On-track handle per capita at last year's Belmont Stakes was $224. Considering all the tourists and curiosity seekers that either didn't bet or just bet a few dollars all day, that's huge. |
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