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"Speaking on condition of anonymity, highly placed industry sources are telling HRI there is no way Monmouth Park can reasonably expect to double its handle, something it would need to do to remain viable, given a purse structure that will distribute an average $1-million daily." As long as New Jersey is experimenting, why not court bettors as aggressively as connections? Slash takeout, offer free data, target whales.
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A bit of candor: "If this is the death for the small horsemen, it’s because he doesn’t have the kind of horse that America wants to bet on."
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"The goal is simple: to replicate the company's smashing success in the financial world, where the $1,500-a-month Bloomberg terminals are in many ways the lifeblood of the industry, into the sports world. Bloomberg is starting with baseball. The company has just launched its fantasy product, which costs $31.95 for the year." Watching with interest …
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More details from the December 2009 deal announcement: "For the MLBAM-Bloomberg product being sold to MLB teams, Bloomberg will take MLBAM’s real-time statistical feed from every game, as well as location-based data already being developed in partnership with Sportvision, and apply an almost limitless amount of analytical tools." Neat!
Visuals (
via).
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"Here’s my point: businesses don’t get to pick the timetable for when their preferred model takes a permanent dirt nap. It’s insane to me that these businesses’ fans see this so much more clearly than their actual stakeholders do. The fans want desperately to see these places stay alive, and many … pay tons of actual cash … to support that."
Posted in Miscellany on
March 11, 2010 / Tagged Baseball, Industry, Monmouth Park, Sports, Statistics, Tools