California Horse Racing Board

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Looking at Where California Wagering Revenues Go

Looking at Where California Wagering Revenues Go

Sometimes it's worthwhile to just look at all the places the pari-mutuel dollar goes in racing. The California Horse Racing Board annual report for fiscal year 2015-16 breaks down where every pari-mutuel wagering dollar goes in the state.

Changing Business Model Impacts California Racing

Changing Business Model Impacts California Racing

The California Horse Racing Board's annual report documents the challenge racing faces as the percentage of pari-mutuel money generated for tracks' and horsemen's purses declines as more handle shifts to advance-deposit wagering outlets.

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