"Racetrack managements are discussing new wagers with a lower takeout to help turn around the handle decline. Owens said the TOC has been accused of blocking such experiments.
“That is not true,” Owens said. “What we did do is ask for an analysis of it so people could sit down and think about it. They came forward with data. We got assurances that it would sell, and we said, 'Godspeed and good luck.' We’re partners with the racetracks. Anything that is responsible that will improve the business has to be examined.”
The obvious question is: Why would the TOC ask for an analysis of a takeout decrease or new bets to "sit down and think about it", but a takeout increase was passed with zero study and to raucous applause?
Is it any wonder why some horseplayers have no faith in California leadership and are responding by staying away from their product?
Read more at the Bloodhorse.