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Originally Posted by pba1817
Thank you for the informative post, and thus the true crux of the matter comes, it is always a money grab by one source or the other isn't it? It is too bad that the actually horseman, the fans, the and racing product itself will be the only who suffer in the situation.
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Sure, it will always be that way as long as takeout is collected first, at an arbitrary percentage. The respective states get paid first, at a constant percentage, and need not have any concern about the day to day operations. The state governments are not forward thinking enough to grow the business or help it to thrive. They don't care - and they never will. The only performance oriented people are the others you allude to - the horsemen, the jockeys, the track operations people.
It's another classic leech situation, just like high taxes. When the government gets paid first - like the witholding in your weekly paycheck - they are insulated from the other worries that other earners - like you who earned the check - may have.