BloodHorse: Take-Out Changes Need Examining, Liebau Says

[Andymays]

http://www.bloodhorse.com/horse-racing/ ... iebau-says

Excerpt:

Betfair Hollywood Park president Jack Liebau told the California Horse Racing Board Jan. 17 that it's time to revisit racing's business model with regard to take-out.

Liebau made his remarks during the public comment period of the CHRB's meeting at Santa Anita Park, a short time before announcing Hollywood Park would return for its fall 2013 meet.

He said the track plans to hold an open forum for stakeholders, regulators, and representatives of the wagering public to discuss changes in racing's business model so the sport can "improve and prosper."

[Igeteven]

He did this last year, except for the pick 5, he didn't listen to anyone.

What a waste time for everyone.

[Fredo]

Make sure there is plenty of lube to hand out to the gamblers,customers at the meeting.

[Andymays]

He's talking about lowering the take on some wagers not raising it.

[Igeteven]

He's talking about lowering the take on some wagers not raising it.

He will be going against a brick wall with the TOC , unless the other tracks back him up

That's one main problem, all 3 tracks must work together, however, that's impossible.

Big question, will they ? I say no.