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Forum: General Racing Discussion

04-08-2015, 08:16 PM

Replies: 80

Colonial Downs

Views: 18,410

Posted By foregoforever

I think that's what the horsemen have in mind. ...

I think that's what the horsemen have in mind. Under the proposed new law, the VRC can grant a limited license to run up to 14 days a year to a facility without "significant infrastructure" -...

Forum: General Racing Discussion

04-08-2015, 03:06 PM

Replies: 80

Colonial Downs

Views: 18,410

Posted By foregoforever

Report on today's Virginia Racing Commission...

Report on today's Virginia Racing Commission meeting:

http://www.richmond.com/business/local/article_3164f86a-2a61-500b-846b-a9f34b0394f9.html

According to this, Colonial's own ADW (EZ...

Forum: General Racing Discussion

04-07-2015, 11:53 PM

Replies: 80

Colonial Downs

Views: 18,410

Posted By foregoforever

Fair enough, but how many new tracks, unattached...

Fair enough, but how many new tracks, unattached to a casino, have been built lately? Who would possibly invest in one? And how could they attract horses away from the slots-enhanced purses in...

Forum: General Racing Discussion

04-07-2015, 09:58 AM

Replies: 80

Colonial Downs

Views: 18,410

Posted By foregoforever

Where did you find that statistic? The...

Where did you find that statistic?

The population of VA is 8 million. The Richmond and Norfolk statistical areas, which are farther away from DC than 75 miles, have about 3 million combined. The...

Forum: General Racing Discussion

04-05-2015, 11:38 AM

Replies: 80

Colonial Downs

Views: 18,410

Posted By foregoforever

It doesn't cost you anything. Virginia's 10% is...

It doesn't cost you anything. Virginia's 10% is taken is taken out of the ADW's cut. So, assuming a 20% takeout and a 6% signal fee, Virginia horsemen get 10% (through the various organizations),...

Forum: General Racing Discussion

04-04-2015, 06:35 PM

Replies: 80

Colonial Downs

Views: 18,410

Posted By foregoforever

What it does is simply put money in their...

What it does is simply put money in their pockets. The outrageous 10% tax on all wagers placed by Virginians through ADWs just gets redistributed: 1% to the Virginia Breeders Fund, 4% to the new...

Forum: General Racing Discussion

07-24-2014, 08:14 AM

Replies: 80

Colonial Downs

Views: 18,410

Posted By foregoforever

By state law, Colonial gets about 5% of every...

By state law, Colonial gets about 5% of every dollar wagered by a Virginia resident through all out-of-state ADWs, every day of the year ... regardless of whether they're running races. That has...

Forum: General Racing Discussion

07-23-2014, 01:58 PM

Replies: 80

Colonial Downs

Views: 18,410

Posted By foregoforever

No racing this year, obviously. The Va Racing...

No racing this year, obviously. The Va Racing Commission "ordered" Colonial and the horsemen's assn to reach an agreement by July 1 on a 2015 schedule. That deadline came and went, and Colonial has...

Showing results 1 to 8 of 8

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