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This: Transparency lacking as per Repubs.
This is the text of the original Ca bill #2414, minus ammended deletions:
"THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:" That's it!!!
This is clearly a bait-and-switch bill to raise the overall takeout 2-3% because the Trots and Qtrs were already raised.
***** 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!
__________________
If you cannot control the bettors, control the law.
Last edited by kenwoodall2; 08-25-2010 at 04:09 PM.
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