https://www.latimes.com/sports/more/...216-story.html
Excerpt:
We’re going to use the fall meeting at Santa Anita to illustrate each of these points. And realize the numbers don’t always add up perfectly. So, let’s get started.
The on-track handle (that’s one of our horizontals) at Santa Anita was $14,222,734 and all but $2,819,602, or 19.76%, went back to the bettors. So, where did that $2.8 million (and these are the verticals) go?
— The track took $1,146,373, or 41% of it.
— Purses got $1,305,734, or 46% of it.
— Then the rest of it, $358,495 or 12.8%, went to:
— CHRB support got $177,697.
— City of Arcadia taxes got $46,935.
— Equine research fund got $14,223.
— Workers comp fund got $40,328.
— Breeders fund got $79,311.
OK, do you have how this works? Guess what? Each revenue source has different metrics. Now the next one.
The off-track handle was $14,077,808, all but $2,886,212, or 20.5%, went back to the bettors. And that $2.9 million went to:
— The track took $620,658, or 22% of it.
— Purses got $887,301 or 31% of it.
— And the remaining $1,378,269, or 47.8%, went to:
— CHRB support got $200,075.
— The city of Arcadia got $46,457.
— Equine research fund got $14,078.
— Workers comp fund got $48,577.
— The promotion fund got $35,195.
— Stabling and vanning fund got $281,556.
— The expense fund, which is essentially the cost of doing business by paying mutuel clerks, tote, signal distribution, etc., got $351,945.
— CHRIMS, which is the service that does the accounting on all wagering and makes sure the money is distributed correctly, got $7,039.
— Location fees got $314,503.
— And the breeders fund got $78,845.
Up next is the California ADW handle, which was $15,051,920, all but $3,091,327, or 20.54%, went back to bettors. So, that $3.1 million went to:
— The track got $627,111, or 20% of it.
— Purses got $900,382 or 29% of it.
— And the remaining $1,563,834, or 50.6%, went to:
— Hub fees to California ADW providers got $725,904.
— Department of Industrial Relations got $4,444.
— Equine research fund got $16,295.
— Backstretch, retirement and welfare fund got $68,845.
— Workers comp fund got $51,481.
— Stabling and vanning fund got $73,260.
— Expense fund got $376,298.
— Location fees got $176,723.
— Breeders fund got $68,585.
And finally, the big-ticket item, which is out-of-state betting. The handle was $118,279,178, and all but $24,772,060, or 20.94%, went back to bettors. And that $24.8 million went to:
— The track got $3,284,147 or 13% of it.
— Purses got $4,067,045 or 16% of it.
— And the remaining $17,420,846, or 70.3%, went to:
— The out-of-state tracks collected a whopping $16,403,798.
— CHRB support got $389,577.
— Workers comp fund got $424,327.
— And the breeders fund got $203,143.
