HANA has learned that California's thoroughbred tracks and horsemen are spearheading an effort calling for a takeout increase on exotic wagers at California's thoroughbred tracks.
Sources tell us that California tracks and horsemen have asked John A. Perez, the Speaker of the Assembly, to sponsor a bill paving the way for a 2 percent takeout increase on exotic wagers involving two betting interests (double and exacta.)
Further, the measure calls for a 3 percent increase on exotic wagers involving three or more betting interests (trifecta, pick3, pick4, pick6, pick all, and super high five.)
Time is of the essence. Bill 2414 sponsored by John A. Perez is slated for a hearing on Monday August 2, 2010.
We have reason to believe that the final amended version of this bill will contain language about the takeout increase. That version of the bill is NOT YET SHOWN on the California Assembly website.
We urge you to contact your elected California state government officials NOW to let them know how you feel.
Link to California State Assembly Roster:
California State Senate Roster:
Find Your District:
State of California Office of the Governor:
If you are not a California resident, use the following email address to contact the sponsor of Bill 2414:
Your HANA Team