Hubbard ups the ante: Ruidoso Downs Race Track applies to move ...

There are 20 comments on the Ruidoso News story from Nov 17, 2009, titled Hubbard ups the ante: Ruidoso Downs Race Track applies to move .... In it, Ruidoso News reports that:

Ruidoso Downs Race Track is seeking permission from the New Mexico Racing Com-mission to move the track to Las Cruces for the 2011 racing season.

Join the discussion below, or Read more at Ruidoso News.

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Taxpayer

Ruidoso, NM

#1 Nov 18, 2009
Let's not fault this man for not wanting to pay a huge sum of money to a current corrupt government, that wastes our tax dollars. Capitalism works, and it's naive to say that he is rich and that he "owes us". He assumed huge risk in this investment, and rightfully has reaped some reward. Let's reach out with thanks and tax breaks to keep him here.
Raptor23

Alamogordo, NM

#2 Nov 18, 2009
Come on get real just close the casino.
REPLY

Carlsbad, NM

#3 Nov 18, 2009
B S Don't let the door hit him on the way out
Blue Moon

La Mesa, NM

#4 Nov 18, 2009
If Mr. Hubbard can not compete with the Indians how can he compete with Sunland Park? Does he think that the cool pines of Las Cruces will attract more customers?
Ed in NM

Hobbs, NM

#5 Nov 18, 2009
"But, we can't continue to bleed money in an inequitable business environment."

I thought taxes was the culprit? How is moving going to correct that? Ah, more traffic leads to to more revenues, I get it now. So Ruidoso, are you up to the challenge to attract more visitors? Cool pines are no longer enough. The article is correct "More Challenges", includes the lack of a business oriented, competitive spirited community.
wtf

Ruidoso, NM

#6 Nov 18, 2009
Reply hit it on the head. More scare tactics, if I don't this or don't get that, I am going to move. Well see ya!!
Frmr Racetrack Ops Emp

Clyde, TX

#7 Nov 18, 2009
The competition with the Mescaleros got much worse when Hubbard opened his Hobbs track. He knew this would happen, I've heard Bruce Rimbo admit this in public. RD (& Rimbo) sold their share of the track/casino there, made bukoos of dollars off of it (and will do the same when Hubbard gets what he wants here or in Las Cruces).
Bottom line Ruidoso & Ruidoso Downs, you are screwed. We are in a majority Republican county, filled with ex-Texans (who btw, are despised in Santa Fe). We have no real political power in Santa Fe other than Hubbard, who can't even bend Deming's State Senator John Arthur Smith to his will.
We are already struggling with the lack of snow in the winters. Add to this the lack of racing in the summer and you can cut the revenues across Lincoln County by 75%.
Get out while you can. You realtors only thought the real estate market sucked over the past three years here. Wait until this gets out on the newswire. See if Ruidoso can pay for the state- mandated sewer plant with GRT when no one is here spending money.
Now the big picture.... See if the rest of the state (i.e. Santa Fe) even cares. My bet is they won't.
ConcernedSW

Alamogordo, NM

#8 Nov 18, 2009
Clearly the majority of the folks giving their 2 cents here know NOTHING about economics. I can't even begin to list all the businesses here in the area that depend on the foot traffic of the track. Every business in the area will feel a huge backlash if this track moves. I myself am not a huge Hubbard fan. However, to make light of this possible move is a huge mistake. Lincoln county will cease to exist as we know it if the track leaves. The snowball effect of businesses that will close in the wake of the Hubbard's departure will last for years. I agree that Cruces is a horrible place to have a track, but if they are willing to give Hubbard what he wants and we are not, then we will get what we asked for. Santa Fe doesn't care about this or it would have been put to rest last year when it went before the state. If you all like living here, I suggest we all get involved and make our voices heard. If we all do nothing then that is what we will have when this is all over....NOTHING.
Frmr Racetrack Ops Emp

Clyde, TX

#9 Nov 18, 2009
But think of how much fun it'll be for the idiot locals that want to kick everyone else out! They can go back to their family trees that don't branch, their gunfightin' in the <dirt> streets, and their corrupt GOB politics ala "Murphy".
Ed in NM

Hobbs, NM

#10 Nov 18, 2009
Clearly the majority of the folks giving their 2 cents here know NOTHING about economics

Obtaining reduced taxes alone, does not fill the stands. Oklahoma City lost the NFR in the 1980's due to a belief it would always stay there. Similar to the belief that "cool pines" keep them coming. Instead, the attendees wanted more and moved to Las Vegas where it has thrived ever since. I went 3 times to the track this last summer and several before last. It may have been only 40% full on Holiday weekends.

If the track and Ruidoso do not enhance the tourism experience, especially for a younger generation of future tourist, this will be a forgone conclusion. Paying attention to the visions of the comprehensive plan and demanding quick and decisive accountability will define the future of Ruidoso. We need more diversification that will naturally draw in people, such as a real 4-year university.
samgr60

Ruidoso, NM

#11 Nov 19, 2009
See Ya
explanation please

United States

#12 Nov 19, 2009
ConcernedSW wrote:
Clearly the majority of the folks giving their 2 cents here know NOTHING about economics. I can't even begin to list all the businesses here in the area that depend on the foot traffic of the track. Every business in the area will feel a huge backlash if this track moves. I myself am not a huge Hubbard fan. However, to make light of this possible move is a huge mistake. Lincoln county will cease to exist as we know it if the track leaves. The snowball effect of businesses that will close in the wake of the Hubbard's departure will last for years. I agree that Cruces is a horrible place to have a track, but if they are willing to give Hubbard what he wants and we are not, then we will get what we asked for. Santa Fe doesn't care about this or it would have been put to rest last year when it went before the state. If you all like living here, I suggest we all get involved and make our voices heard. If we all do nothing then that is what we will have when this is all over....NOTHING.

You obviously have information and data that the rest of us reading this blog do not have-so please list all those businesses that would suffer, and tell us how much they would suffer( in dollar figures)and please back up your numbers with facts and if you have the numbers, please give us a profit and loss statement for the racetrack so we can tell for sure if the track is really losing money or if it is another one of those "trust me" things? After all, this tax break thing asks every New Mexican to participate AND at some point, make up the $750,000 per year tax break that the state will no longer collect.. Is it fair to ask that Northern NM taxpayor to make a Ruidoso racetrack more saleable?????
If Ruidoso, Ruidoso Downs and Lincoln County think they will go broke without the track, are they willing to discount the taxes coming into the county by $750,000 per year in order to keep the track? Maybe it is a little different when the people with the most to lose really have to step up to the plate?????
Bob from Midtown

Capitan, NM

#13 Nov 19, 2009
Truly, he would not have had to leave if the Mescaleros had shut down that Inn. It's beautiful, but they can't run it. They are 7.5 million dollars in debt. Their casino is bleeding all of the casinos. And that, my friends, is the real shame. Hubbard has been a heart contributor to many, many charities and worthy causes in Ruidoso and the Downs and believe me, his support WILL BE MISSED.
Toni Leatherwood

United States

#14 Nov 22, 2009
Are ya'll kidding me, no horse racing?? My parents bought a place in Ruidoso for the horse racing and now it has been it the family for generations because of horse racing. Does someone want to pay us to move our place to where the races are? I don't think so, Ruidoso, we are Tax paying citizens, please do something about this..
Unedjumukated

Alamogordo, NM

#15 Nov 28, 2009
I'm always amused by the folks that post messages here. I have never seen such ill informed people try to speak intelligently about subjects they know nothing about. If you have that much time on your hands, try reading a real newspaper or a book. You might gain some much needed insight on the real problems of the world.
kontiki

Hobbs, NM

#16 Nov 28, 2009
Blue Moon wrote:
If Mr. Hubbard can not compete with the Indians how can he compete with Sunland Park? Does he think that the cool pines of Las Cruces will attract more customers?
Could ANYONE explain to me WHY a track in Las Cruces would compete with Sunland Park.

Sometimes you just want to beat your head up against a brick wall.
Caveman Dude

Hobbs, NM

#18 Dec 3, 2009
explanation please wrote:
<quoted text>
Is it fair to ask that Northern NM taxpayor to make a Ruidoso racetrack more saleable?????
If Ruidoso, Ruidoso Downs and Lincoln County think they will go broke without the track, are they willing to discount the taxes coming into the county by $750,000 per year in order to keep the track? Maybe it is a little different when the people with the most to lose really have to step up to the plate?????
Do you know how much of the revenue goes to Santa Fe and never makes it back to Lincoln County?~80%! Northern New Mexico can kiss my 8utt!
Mr Ed

Hobbs, NM

#19 Dec 5, 2009
Horse racing is unethical.
solutions

United States

#20 Jan 13, 2010
As a concerned resident and business owner in the Ruidoso area I am seeking answers.This appears to be a business move on the part of Mr. Racetrack and so I entered a search of Casino taxs to see what I might find. Casinos are the biggest money makers out there and they even top theme parks ( an idea I had floating in my head to replace the casino/race track). This of course would not make Mr. Racetrack as much money I guess. Also there were several studies I read and one I would like to quote here. "Popp and Stehwein ( 2002) used data from 33 counties in NM over a period 1990-97 to test whether Indian casinos had the effect of reducing total taxable gross receipts(TGR). They found that the first casino in a county has the effect of reducing the TGR by a small but significant amount. A second casino in a county,however,has the effect of decreasing TGR by 6.2 percent,indicating a strong substitution of gambling for other taxable activity. Furthermore,they found that the presence of a casino in a county has a negative impact of TGR in neighboring counties." So now what do you know? The racetrack has been here since 1947 I think someone put on this blog. How long has the casino been attached with the racetrack? If the track was making money ( as it must have been to expand the business) then why take away the track and place it somewhere else? The thought is because more people will come I think I have heard. But the track runs in the summer I thought when others are in hot weather and can't run the horses. So how does that work unless the track moves further up north where they do run all seasons. I think then that the money monster is the casino itself and yet it will take the racetrack with it.What about a Horse Sale Barn or an indoor skating rink or a theme park or a motor cross race track or even (thinking big here )~ how about rerouting the river and putting the Casino portion on water ( would that help Mr. Racetrack with his tax problem ?). I am sorry but all business owners are in a pickle during these times and I think we all need to stick together rather than bailing when things aren't making you millions of bucks for the moment. I would like to think there is a conscience out there somewhere. So is there?
Thanks and I hope someone has some helpful thoughts toward a solution or we may be back to the cool little village in the mountains and be another Cloudcroft. Well maybe that would not be so bad after all ???? I love that area too!
Jake

Ruidoso, NM

#21 Jan 14, 2010
>>> Thanks and I hope someone has some helpful thoughts toward a solution or we may be back to the cool little village in the mountains and be another Cloudcroft. Well maybe that would not be so bad after all ???? I love that area too! <<<<

Amen to that. I dont think its going anywhere. I wonder what percentage of locals and visitors go to the track. I'm gonna say 50%. if it does go away .... HAPPY TRAILS!!!!

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