Turf Paradise officials told the Arizona Capitol Times this week that a new law signed by Gov. Doug Ducey could put a damper on its business. The law requires companies selling simulcast signals in the state to deal with all facilities in Arizona and to offer them equal rates. That means Monarch Content Management, which currently buys and sells from Turf Paradise, will be required to sell its signals to off-track betting sites operated by new track Arizona Downs.
Monarch has indicated it doesn't want to sell to Arizona Downs OTBs, which it believes are too close to existing Turf Paradise OTBs. The company has stated it could pull out of the state altogether and if it goes, Turf Paradise says it will take with it 44 percent of the track's revenues from betting on the signals it provides.
Vince Francia, general manager of Turf Paradise, said the total would be nearly $4 million a year out of the track's income and anticipated that kind of hit would not be survivable.
Turf Paradise and Monarch are both consulting attorneys to see whether they can raise an objection about the new law's constitutionality.
Read more at Arizona Capitol Times
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