Brackpool: California ‘revolving door’ policy to be ‘completely respected’

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Keith Brackpool, who resigned from the California Horse Racing Board on Thursday to take an equity position in the Stronach Group, said the state’s Revolving Door Policy for state officials and employees will be “completely respected.”

The Stronach Group owns the California racetracks Santa Anita Park and Golden Gate Fields, along with the Xpressbet advance deposit wagering company, AmTote totalisator company, and is co-owner of HRTV. The company also owns Gulfstream Park racetrack and casino in Florida, the Maryland Jockey Club tracks Pimlico and Laurel in Maryland and has extensive real estate holdings. It is owned by the family of Frank Stronach.

Brackpool, who has chaired the racing regulatory body for three years and has been a CHRB member since September 2009, is prohibited from lobbying the horse racing board for one year under regulations of the Fair Political Practices Commission, Title 2, Division 6, California Code of Regulations. In addition to his equity position with the Stronach Group, Brackpool is joining the company’s board of directors and is chairman of its California operations.
“There is a very strict one-year policy, and we are completely in adherence to that law,” Brackpool told the Paulick Report. “It will be completely respected.”
http://www.fppc.ca.gov/factsheets/Leaving_State_Employment_08-2010.pdf

Brackpool, who has chaired the racing regulatory body for three years and has been a CHRB member since September 2009, is prohibited from lobbying the horse racing board for one year under regulations of the Fair Political Practices Commission, Title 2, Division 6, California Code of Regulations. In addition to his equity position with the Stronach Group, Brackpool is joining the company’s board of directors and is chairman of its California operations.

“There is a very strict one-year policy, and we are completely in adherence to that law,” Brackpool told the Paulick Report. “It will be completely respected.”

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  • Caroline

    That’s good then. 

  • roger

    Can he lobby Sacramento? Bottomline….KB’s value will be getting TOC’s vast stranglehold on CA racetrack operations diminished like the takeout rates.This can only be accomplished via Sacramento politicians and new CA Racing laws.

    I’m starting to see a potential UPSIDE in this business move for CA Racing…..the first UPSIDE potential in quite awhile for CA Racing.

    Good luck to all parties.

  • Watcher1

    Brackpool is a smart man. But is he strong enough to stop the illegal kickbacks paid from countries who receive U.S. simulcasts without returning their fair share to horsemen? 

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