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Author Topic: California p5 takeout  (Read 321 times)
Trainer Rusty
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« on: February 24, 2013, 10:26:41 AM »

Jstuff or anyone in california know what the rumored p5 takeout will be?  I keep hearing it's going to be raised at Hollywood.  When I do searches I can't find the new rate.
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Grinder
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« Reply #1 on: February 24, 2013, 10:50:14 PM »

It may stay at 14%
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Bob B
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« Reply #2 on: February 25, 2013, 12:39:17 PM »

It will go back to 23% like other exotics in California unless Hollywood and the TOC come to an agreement.  It was my understanding that Hollywood took most if not all of the hit on the lower takeout.  They were looking to share the load this year with horsemen and met resistance.

I can't see it due to site block but there's a DRF story about it.

http://www.drf.com/news/pick-five-takeout-could-increase-sharply-hollywood-meet
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