Purses at the Oak Tree at Santa Anita meeting have been cut by approximately 10 percent for the remainder of the meeting, which runs through November 8, the track announced on Wednesday.
Track management cited declining handle as the reason for the cuts. In a statement, Santa Anita officials said all-sources handle was down 12 percent compared with the 2008 Oak Tree meeting.
The reductions take effect with Saturday's races, and do not affect purses for the Breeders' Cup races on November 6-7th.
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