Lesiglation

Legislation Leaves Door Wide Open For Extended Golden Gate Operations

California lawmakers Thursday passed legislation that means if Golden Gate Fields is not licensed to operate beyond July 1 next year, proceeds from simulcast wagering in the north are funneled south when there is no live racing in the northern half of the state after that date. The rule of thumb is that proceeds from wagers made in the "northern zone" stay in Northern California to pay for purses and operational expenses, while the proceeds from wagers made in the "southern zone" stay in Southern California for the same purposes....

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