PDA

View Full Version : Controversy Erupts over Ca. Horse racing bill


rwwupl
08-25-2010, 04:10 PM
http://www.capitolweekly.net/article.php?_c=z31etaz62gp6wf&xid=z31ca453ek9v5x&done=.z31w02msafhlpx

Excerpt:
Bo Derek probably didn’t get upstaged much during her heyday in the 1970s and ‘80s, when she was one of the world’s most recognizable sex symbols. But when her name goes before the Senate Rules Committee Wednesday morning, she’ll likely be overshadowed by another appointee to the California Horse Racing Board.



That appointee would be the board chairman, Keith Brackpool. Neither actually has to show up for the hearing, but Brackpool now finds himself in the middle of a bitter fight over AB 2414, a bill authored by Assembly Speaker John Perez, D-Los Angeles, that would make huge changes in horse race betting in the state — including authorizing a kind of betting that reminds some of the complex financial instruments that nearly brought down the economy two years ago.



Brackpool is a former appointee in the Gray Davis administration, and a major player in past water battles in the state via his company, Cadiz Inc. But it’s his lead role in crafting horse racing legislation that has some privately wondering if he could face a confirmation battle. Meanwhile, opponents of the bill have launched a late-session ad buy in an attempt to stop it.

bane
08-25-2010, 04:18 PM
So when is Jerry Springer going to tackle the board?

andymays
08-25-2010, 04:18 PM
Every time we see something about California Racing we see the word.....................

"Controversy"

BlueShoe
08-25-2010, 04:31 PM
So when is Jerry Springer going to tackle the board?
Perhaps after O'Reilly jumps in?

kenwoodall2
08-25-2010, 04:41 PM
Quote on the LA takeout increase bill: "TOC adds, "that adopting this subsidy for night industry
races and using increased takeout for this purpose sets a
very poor precedent for day races. Horse racing in
California is threatened by a combination of factors,




AB 246 (Price) continued
Page 7



including competition from racing in other states, other
forms of gaming within California, pressure from developers
and race track bankruptcies. We need to be extremely
thoughtful about any increase in takeout and make certain
that related funds are used to support initiatives that
improve the industry's overall health."


So the TBred owners did not want LA increase (non-TBred), but wanted thei TBred increase! Talk about selfish greed!

Horseplayersbet.com
08-25-2010, 04:45 PM
What extra money are they going to use? There will be a drop in their bottom line if they increase takeout.

What nincompoops.