ADW

Changing Business Model Impacts California Racing

• 02 Mar 2017 5:06 PM
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In fiscal year 2016, money wagered on California race cards was similar to the wagering total in FY2011, but compared with FY2011 California racetracks collected nearly $8 million less from the nearly identical betting total. The California Horse Racing Board's annual report released earlier this month documents the challenge racing faces as the percentage of pari-mutuel money generated for tracks... Read More