Losing Mount Fees Increase in Louisiana
Date Posted: 4/28/2009 9:25:37 AM
Last Updated: 4/29/2009 3:40:12 PM
(Edited news release)
Louisiana jockeys will receive an increase in losing mount fees statewide when a new scale, approved by the Louisiana Racing Commission, takes effect beginning May 13.
Losing mount fees will now range from $50 for races with purses under $5,000 to $115 at the top of the scale. The previous range of mount fees was $35 to $100.
“We appreciate the action the Louisiana Racing Commission took in approving this increase in mount fees,” said Terry Meyocks, national manager of the Jockeys’ Guild. “Our thanks go to the commission and the Guild’s regional manager, John Beech. Their help was instrumental in obtaining the first increase in mount fees in Louisiana since 1985.”
This new scale follows increases in mount fees through legislation at California tracks and negotiated increases at Aqueduct, Belmont Park, Saratoga, Finger Lakes, Monmouth, Meadowlands, Atlantic City, Hawthorne, Arlington, Fairmount Park, Gulfstream Park, Calder, Tampa Bay Downs, Turf Paradise, Yavapai Downs, Indiana Downs, Hoosier Park, Delaware Park, Charles Town and Prairie Meadows. Jockeys at Philadelphia Park and Penn National have also received raises in their losing mount fees. Negotiations are ongoing in other racing jurisdictions.
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