Bill helps Del Mar’s Surfside Race Place take more wagers on out-of-state racing

By City News Service

Del Mar’s Surfside Race Place will be able to take wagers on, and show more live, out-of-state horse races after a bill by Assemblyman Martin Garrick, R-Solana Beach, was signed into law July 15. Off-site wagering facilities at race tracks and fairs had been limited to showing 32 out-of-state races per day, but that number will be increased to 50 by the bill, which was signed by Gov. Jerry Brown. Well-known races like the Kentucky Derby do not count against the limit. The bill, which sailed through the Legislature without opposition, was designed to stabilize business at the tracks, which have suffered declining attendance because of the weak economy.

The tracks have become more dependent on their satellite wagering offerings to make ends meet, according to a legislative analysis. Also, since tracks can show more events from outside the state, similar facilities elsewhere would be more likely to reciprocate by airing California races, which would also increase revenue.

As an emergency measure, the change will take effect immediately.

Related posts:

  1. Bill passes, helps Del Mar’s Surfside Race Place take more wagers on out-of-state racing
  2. Surfside struggles: String of events could doom Race Place
  3. Betting facility legislation fails
  4. Del Mar council considers proposal for bingo at Surfside Race Place
  5. Losing horse racing bets may someday be lucrative

Short URL: http://www.delmartimes.net/?p=25800

Posted by Staff on Jul 27, 2011. Filed under Del Mar, News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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