Marston & Associates

Report: Arcadia Receives Over $1.5M from Santa Anita

The city of Arcadia receives over $1.5-million in annual revenue from Santa Anita Park, according to a report from Keyser Marston Associates, which was commissioned for the city's Economic Development Division. Over the next five years, the racetrack is estimated to generate $7.5-million in sales tax, pari-mutuel revenue and property tax. According to the report, which was submitted in the fourth quarter of 2019, Santa Anita Park is responsible for 1,160 jobs annually. It is also estimated that employees of the track spend an average of nearly $5-million in off-site...

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