[blackthroatedwind]

Originally Posted by SuffolkGirl

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.

Good post.