Different Slicing of Takeout Pie Could Equate to a Way for Tracks to ‘Have Your Cake and Eat It Too’
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No industry gathering at which Thoroughbred executives discuss pricing issues is immune from the intertwined topic of death and taxes. In the pari-mutuel world, that means talking about takeout, or, more specifically, how the disparate fees that different classes of bettors must pay for the privilege of placing wagers are killing off smaller-scale casual horseplayers.
The post Different Slicing of Takeout Pie Could Equate to a Way for Tracks to ‘Have Your Cake and Eat It Too’ appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.