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By Paulick Report - Cal Lottery Reduced Takeout vs. Cal Racing Takeout Increase
jeff
1/15/2014
1:34:39 PM
Link to article by Ray Paulick:
http://www.paulickreport.com/news/ray-s-paddock/california-lottery-success-a-lesson-for-states-racing-industry/


--quote:
"The headline in a recent Los Angeles Times article reads: “California Lottery Is Booming, Creating More Players – And Excitement.” It’s been awhile since California horse racing saw a headline like that."
--end quote



Nice article by Ray Paulick contrasting the path taken by the California Lottery through AB142 (lower takeout) vs. that taken by the TOC, CHRB, and track management at California tracks through SB1072 along with what happened as a result.


-jp

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