Do the math on handles.....

[wizardofoz]

If the Meadowlands does $100,000 live handle, and $3 million simulcasted handle, talk here states that only 3% of the $3 million goes to the track, or $90,000.  Each race has takeouts in the range of 15%-25% for the bets made. Where does that takeout money go? It comes to around $450,000+ per card on average for the takeouts.

[Any1Left]

DEAD ON POST,,,,,,,,,SIMPLE BUT DEAD ON,,,,,

[The Exporter]

The short answer is, the state,track and horsemen. What are the splits for each, I don't know.

[Brkn Headpole]

The host track or hub where bets are made get the majority of it.

[Papillon]

If the Meadowlands does $100,000 live handle, and $3 million simulcasted handle, talk here states that only 3% of the $3 million goes to the track, or $90,000.  Each race has takeouts in the range of 15%-25% for the bets made. Where does that takeout money go? It comes to around $450,000+ per card on average for the takeouts.

rebates