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Old 02-14-2025, 01:34 PM   #68
Descant
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Quote:
Originally Posted by John Mercier View Post
Belmont didn't suffer from that.
The previous owners decided to money launder.
The owners after that got themselves tied up with Rock Maple Racing...
More complications. It appears that the Simulcast business took a dive when the gambling winnings tax was implemented, 2009-2010. A track spokesman said they lost 100 jobs. The House calendar in March of 2011 reporting out HB 229-FN-A also referred to the tax as the cause of lost business. That bill repealed the tax in the spring of 2011.

https://www.bloodhorse.com/horse-rac...bling-winnings
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