California is one of the worst States to do any kind of business in. There is no alternative gaming revenue to bolster purses. How do these idiots think having a horrible product in the North and a Subpar product in the South benefits anyone?
The formula is Field sizes averaging 8 horses or more per race, Big pools, and reasonable takeout. Field size in So Cal is plummeting. Purses are plummeting, and takeout is way too high for short fields. The current formula in California is certain catastrophic failure. The only way to keep Southern California limping along into 2025 is to use the simulcast money in the north to help purses down here. And even with that help So Cal still won't be competitive with other jurisdictions who do have Casino Subsidies.
Some Moron on twitter said Los Alamitos can build a turf course if Santa Anita goes out of business. LOL. I said why do you think they have a dog leg on the backstretch? To be cool?
There is no good reason for Santa Anita to stay in business and continue to lose money. If it was such a good business opportunity why doesn't someone or some group lease it and run it? They won't do that cuz they'll lose their asses.
The level of idiocy stunning.
Keep believing in the Purse Fairy and she'll disappoint every time.
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