Disaster at Santa Anita
When Santa Anita opened Sunday, the numbers were not pretty. They bet $11,707,276 on the first day of the 2010-2011 meet, a 21.5 percent decline from the previous year and the lowest opening-day handle since 1992. Yet, there were some excuses -- primarily a blizzard in the East Coast that shut down a lot of simulcasting outlets -- enough excuses to conclude that the dismal handle figure was perhaps an aberattion. The following day, $5,529,285 was bet on the Santa Anita card, but there was nothing to compare it to. There was not a comparable Monday, second-day-of-the-meet card in 2009.
There can be only one reason why Santa Anita has gotten off to such a wretched start -- the takeout increase.
It looks like that message is being sent, and even the dense and ignorant people who compromise the California Horse Racing Board are not going to be able to ignore what is happening.
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