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August 13, 2010

Eaves: We need serious help

By Dave Briggs

Eaves: We need serious help

  

“I think the question we have to ask ourselves is, is there any hope at all of the industry, on its own, bringing about this transformation, and I haven’t heard anybody say that they think that is a likely outcome. So that might be the first hard acknowledgment that this industry has to make, ‘We can’t do it on our own.’
“If there is one thing that needs to come out of any of this it is a resolve on the part of the different sectors of the industry to actually do something different. We have already talked about what doing the same looks like, and we have seen year over year, at least in terms of handle, certainly in terms of WEG handle, what that looks like. We, for one, can’t withstand many more years of 10 and 11 per cent year-over-year declines on our live pool.”
 
— Nick Eaves (above), president and CEO of the Woodbine Entertainment Group (WEG) in the 11th in a daily series of quotes pulled from our Round Table Discussion entitled 15 Essential Ideas for Saving Racing. Dave Briggs’ Last Call Online column about the Round Table is available here. The entire Round Table Discussion booklet is available to download as a pdf by following this link and clicking on the “Now Available” item in the bottom left corner of the page.
 
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