Friday, January 21, 2011
No Hurry at the CHRB
Ed Zieralski noted that today in his column and stated:
The CHRB continues to draw fire for implementing an increase in the takeout of multihorse wagers such as exactas, trifectas, superfectas and Pick Six in California races. The increased takeout — 2 percent more on two-horse bets and 3 percent more on three horses or more — went into effect Dec. 26. Despite indications that betting handles are suffering, it was clear the board isn’t in any hurry to rescind the increase that was mandated by the state legislature.
Commissioner John Harris relayed that it is not the CHRB's job, it is for others:
“That would have to come from the tracks themselves and from the TOC,” commissioner John Harris said, referring to Thoroughbred Owners of California."
We'll have some numbers and some more commentary this weekend. As well, we plan a Monday feature interview again this week.