Takeout

Management of Tioga Downs today announced mixed results from their across-the-board takeout reduction in 2010. While handle increased by 7.8 per cent, wagering revenues fell from 2009

Western Fair Raceway today announced the addition of a second Win-4 to its wagering menu with a significant reduction in takeout to 15 per cent

The Wall Street Journal has quoted California Horse Racing Board Vice Chairman David Israel as saying that horse racing's customers should be willing to pay extra for the entertainment value the sport...

On Monday, October 4, quarter-horse racetrack Hialeah Park announced that it will reduce takeouts rates on all wagers to an industry low 12%

Times are tough and money is tight, but according to figures crunched by Balmoral Park Racing Analyst Michael Antoniades, a reduction in takeout from the Illinois track's Pick 4 pools this year has re...

"We'd like to see the takeout rates reduced even further to put the horse racing gamblers on the same level as a slot machine.

Tioga Downs wrapped up its 2010 racing season on Saturday, September 11 in front of a packed house of fans

California’s idea that the way to save racing in tough times is to raise the price of the product has drawn quick comment from media observers of the game

The California Legislature approved two bills Tuesday that will provide a strong incentive for the Breeders’ Cup to come to California, significantly boost purses in California, and in years to come p...

"It's nice to work for a guy like Jeff (Jeff Gural) who still wants to promote harness racing. It's nice because in most of these places they have just given up and won't promote

"Here in Las Vegas, typically the hold is in the single digits because they want you to keep betting, and winning and re-betting that money - which they call churn. In horse racing there's a tendency ...