Because bungie is wasting their time on that instead of focusing on something bigger and more important than a week long race event. Srl events pointless. Just a waste of resources
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Yeah, these time gated events are just a means to keep players playing by using as little money, time and effort as possible. Would you really be happy playing the same content over and over, but get the time gated events each month, of which were already available in the original game, example : doubles, they sugar coated it to make it feel fresh and new, and said " here's a 320 ghost" when in actual fact, they were just reselling something that we already have. Much less time, effort and money from bungie, much less enjoyment from the people paying money to keep up with the game in general.