We'll let these pictures speak for themselves. We sincerely hope the CHRB rethinks their positions. Handle, customers and racing opportunities for our participants are at stake.
Note: A comment below by Ms. Betts as an addendum.
So the interesting thing to me was to see how the signal of a policy change in 2009 was correlated with a change in trend. I don't think summary stats for 2010 over 2009 capture that, which you can see in the full time-series, but in any case here they are.
From the week of the actual takeout increase - fourth week in January - and through the end of November: cumulative 2010 handle relative to 2009:
On-Track: down 24%
Inter-Track: down 22%
Inter-State: down 10%
All Sources: down 15%
Number of Races: down 23.5%
A note: the crazy looking observations for the second in December 2010 look that way because Los Al/Equibase fail to report handle data for 2/3 of the races that Los Al claims it ran that week. I've reported the number of races for which handle was reported, as a result, so that implied handle per race is not distorted. In the third week of December 2010, inclement weather prevented racing on Sunday Dec 19.