California bill could raise purses 20-25 percent
filed in Spread Betting System on Sep.03, 2010
DEL MAR, Calif. – Legislation passed last Tuesday that raises the takeout on exotic wagers placed on California races will result in an overnight purse increase of 20 to 25 percent this winter, if signed by Gov. Arnold Schwarzenegger, according to industry officials.
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California bill could raise purses 20-25 percent
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