California

Keeping Pace posts tagged "California"

Changing Business Model Impacts California Racing

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

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