Raj Mutti, Great Canadian Gaming Corp.'s regional general manager of BC Racing, has announced that the take-out rates at Fraser Downs will be reduced
to 15 per cent for Win, Place and Show wagering, as well as Win-4 wagering.
“The new rates will go into effect with the start of our 2011-2012 standardbred season on Friday, October 7,” Mutti said via release. “We believe that consistency between our two racing facilities is important.”
Mutti was referring to the 15 per cent take-out announced at Hastings Racecourse prior to the 2011 thoroughbred season. He said the introduction of the lower rate at Hastings “put us on the players’ radar” as a gesture offering as much wagering money as possible back to the customer.