In contrast, the recent settlements with horsemen in California and Louisiana apparently give horsemen 7% of the internet/phone wagering handle, in a combination of source-market fees plus a percentage of the takeout. That's in line with the goal set by the Thoroughbred Horsemen's Group for an equal one-third division of ADW revenue between tracks, ADW companies and purses.
Comparing Churchill's 5.5% offer to the 7% goal, there's still a long way to go. I hope Marty Maline of the Kentucky HBPA is right that chances are good for an agreement before Churchill's spring meet, but the deal isn't done yet.
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