Hopefully, this will help the industry. It sounds like this has been successful elsewhere.
What I'm unsure of is the demographic that this will attract. People who don't want to wait 15 minutes between posts have other simulcast options. Real players probably wouldn't want to play this unless it's 3AM and no other racing is available. Novices might drop a few bucks into this, but that probably isn't sustainable. Tonyb (who is also a real player) has learned his lesson. The only people left are slot players who might feel intimidated betting on the real product; they might opt for the faux product.
Thoughts?