Quote:
Originally Posted by mikesal57
It was their decision to run only 3 days....
They average 2 mill in handle a day.....
Where is the money going...to the fast asses looking out the windows?
They could have asked for a entrance fee to help....
Nah......just make as much as you can and pocket it..
and they still have the casino
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The majority is bet off track. On a blended basis (on-track and off-track handle), their takeout is probably around 6%, which means $120k/card in takeout. Roughly 25% to 30% of that goes to purses, or $30k to $36k/card. Needless to say, the daily handle doesn't even support the overnight purses. The casino subsidy is just starting to ramp back up, I assume.
