A significant takeout cut at the recently concluded 10-day Laurel Park meet in Maryland did not result in any improvement in handle, according to officials of the Maryland Jockey Club, which owns and operates the tracks.
Although MJC officials said that they will not release final handle figures until next week, Lou Raffetto, the chief operating officer of the MJC, said that average daily handle both in-state and out-of-state was down for the meet.
"The end result was that we did not see the kind of increases we had hoped for," Raffetto said.