Video: Satellite horse betting facility to close
Satellite horse betting facility to close
Thu, 13 Apr 2017 00:41:08 +0000Satellite horse betting facility to closeSatellite horse betting facility to closehttp://chic.clipsyndicate.com/video/playlist/12513/6871034?cpt=8&wpid=2637KRCRkrcr news channel 7's tiffany wong found out more about why the facility is closing.... she joins us now... good evening tiffany... good evening allison, the shasta district fairgrounds c-e-o tells me in recent years... online wagering has had a major impact on their business... struggling to break even... c-e-o kerby spencer says the off-track betting facility lost six thousand dollars last year... they simulcast live races from california, kentucky, florida and new york... but there has been a steady decline in patrons since 2012. in a good year, she says the facility generated only 10-thousand dollars. spencer adds that since the fairgrounds stopped receiving state funding in 2011, they can't afford to lose money... the last day for off-track wagering at the fairgrounds is april twenty-fifth. tiffany wong, krcr news channel 7.