Industry Hurting? Raise Takeout
 

The brilliance of California. Epic fail....Starve the beast people. Every bet you make or do not make is a vote.

http://www.drf.com/news/california-b...akeout-exotics

This is the most telling sentence

Zetcher acknowledged that some bettors will be upset by the higher takeout, “I understand what the other side’s position might be,” he said.

The "other side"?

aka, customers.

I hope he understands my coalition of whales on DT who will not be betting Cali anymore. :rolleyes:

It's horseracing, logic is not one of their strengths.

They will be out of jobs next.

What's the problem? With S Cal tracks going back to dirt, all the POLY losers will become DIRT winners, AGAIN.:rolleyes:

Surely they can withstand a couple of percentage points increase.

It's all good in DIRTland. :rolleyes:

Repeat after me: 'The real problem in racing is POLY'.

I always love these arguments

Under the proposed increases, California’s takeout for more complex exotic bets would still be lower than other jurisdictions. ]

Except less, pay more but learn to like it because someone else has it shi_ttier than you .

Enjoy it while you can, rubber will be a thing of the past soon at all but WO and TP.

TP may soon be a thing of the past

Might not be so bad.

If it gets Batagglia away from calling races, I'm all for it.

Are these serious comments or just sarcasm? Losing TP for the winter meeting would be devasting for the thoroughbred industry in Kentucky. Thats alot of people without jobs. Truly sad.

God willing.

ap too

Sounds like politicians on the left side of the aisle....raise taxes on those who are the lifeblood of the economy. Yeah, that's gotta be a good idea. Too bad the racetracks don't have money mints in the back.

One thing is certain the democratically elected politicians in Sacramento have never turned down a tax so this is a done deal.

and you know this because?

They just raised the take two or three years ago, and of course with the support of the unions and horsemen.