STATE REVENUE FROM THE 3.5% SIMULCAST TAX CURRENT FISCAL YEAR: OCTOBER 1, 2009-JUNE 6,2010
$4,682,968
This is what Michigan wants to throw away. MUCH NEEDED REVENUE. Well if Michigan doesn’t want it and since Horse Racing generates it. Why are the Thoroughbred Horsemen having to BUY BACK DATES WITH OUR PURSES?