Big blow to prizes as rates cut by up to 68%

[Win2Win Racing]

THE stark reality of the prize-money plight facing racecourses in 2011 has been laid bare with the publication of the Levy Board’s contribution to basic daily rates (BDR) for prize funds at each track, which reveal cuts of up to 68 per cent from th

More... (http://www.racingpost.com/news/horse-racing/big-blow-to-prizes-as-rates-cut-by-up-to-68/792469/)

[Win2Win]

68% :yikes: ....... What's that, back to 1970's levels :doh1: ...... Do the bookies need to pay more than they do now? Yep, as 50% of their business is based on horse racing. However as with tax, it should be different levels based on turnover so the Big 3 pay more.