purse-based assessments

On the eve that Churchill Downs, Inc. (CDI) and the New York Racing Association, Inc. (NYRA) were scheduled to appear at separate enforcement hearings in front of the Horseracing Integrity and Safety Authority board to address disputes over their non-payment of assessment fees that are based partially on purses, those two prominent Thoroughbred track operators teamed up to sue the Authority and the Federal Trade Commission (FTC) in federal court, alleging that both the fee impositions and the attempted enforcement actions for non-payment are "illegal." According to the civil complaint...