California Horse Racing Board: Customers Should Pay For Entertainment Value

Published: October 14, 2010 11:01 am EDT

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 provides

.

In regard to the passing of a California bill which has paved the way for tracks to increase takeout on wagers, Israel was quoted as saying, "Racing has real entertainment value — that's something people should be willing to pay for."

Many within racing's media recently aired their displeasure with the proposed hike in California's takeout rate.

(With files from The Wall Street Journal)

Tags
Have something to say about this? Log in or create an account to post a comment.