In this article in regards to the Bealuh situation, the below quote...
http://news.bloodhorse.com/article/47901.htm
Quote:
On Nov. 4, Weiss said he determined that in 2007, Churchill Downs Inc.-owned TwinSpires.com handled $2.7 and provided $277,000—10%--to purses from a combination of host and source-market fees. The information about TwinSpires.com and possible closure of the barn area were noted on the Beulah Park overnight for Nov. 7.
Horsemen in Ohio and other states have been negotiating for a larger share of ADW revenue for horsemen and racetracks. They generally advocate a one-third split among horsemen, tracks, and ADW providers—about 7% each based on a blended takeout rate of 21% per dollar wagered.
|
Would it be correct to say that the horseman are trying to get the below
2.7 million handled by TS.com
900k to purses
900k to track
900k to ADW
Or do I have this all wrong?