New York Racetrack Takeout Fees – Class Action Investigation

Chimicles & Tikellis LLP is investigating a potential class action lawsuit on behalf of people who were overcharged for takeout fees on “exotic” horse track wagers in New York. A takeout rate or fee is a percentage of the money wagered on a race that is retained by the New York Racing Association. It has been reported that the NYRA improperly collected exotic wager takeout rates – wages that are simultaneously placed on multiple races and racehorses – between September 16, 2010 and December 2011.  If you paid these fees during this time period, please use the “Email us about this Case” form to contact the attorneys below.

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