Does Mike Mayo realize that much of what the track does is dictated by the state racing commission? A quick scan of Massachusetts General Law Chapter 128A really breaks down how much money goes to the state and when they expect it. The take out seems to largely depend on what the state dictates. While they dictate a maximum and not a minimum, the daily payback to the state is a perentage based on the maximum takeout allowed. I am not an attorney, nor do I work in the racing industry but my guess is that the state has it stacked against the tracks.
Now, as far as better reporting on equipment changes it seems the track would be able to do that. As far as medication - I am not sure that a track can dictate that, I assume that the state, again, would have a say in that - I am sure that there are many others that actually know how that is done.
All this being said, it would be nice if everyone would get together behind Thoroughbred Racing to insure that 40 years from now, when I am in my dotage, I can look forward to watching the races while I eat through a straw and drool.
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