Court upholds Philracom share in MMTC earnings
Claiming it as a victory for the jockeys and the Philippine Racing Commission, the Philracom is legally entitled to demand from the Metro Manila Turf Club one-half percent of MMTC’s gross receipts from the time of its operation on Feb. 19, 2013, according to the Regional Trial Court Branch 147 of the City of Makati.
The total amount owed by the MMTC, which as of June, 2017, totals approximately P53.7 million, is for the jockeys and horse trainers’ injury, disability and death compensation fund created under Republic Act. No. 309.
On Jan. 11, 2016, Philracom chairman Andrew Sanchez received a request from the the president of the new Philippine Jockeys’ Association, seeking the commission’s help in facilitating the release of the Jockeys and Trainers Compensation Fund due to the NPJS from Metro Turf.
The Philracom acted on the NPJA request. Exercising its mandate under the law, the commission asked the assistance of the Department of Budget and Management on how it may be able to hold and administer the fund. The DBM then authorized the Philracom to get one-half percent of the gross receipts from the sales of betting tickets from Metro Turf.
Metro Turf, however, responded that the demand was also the position of the Philippine Racehorse Trainers Association, saying it was withholding the funds until the court determines the rightful recipient of the funds.
The Philracom replied by citing pertinent provisions of PD420, as amended by PD 1095, saying that “The Jockeys and Horse Trainers Injury, Disability and Death Compensation Board created under Republic Act No. 6115 is hereby abolished and its functions, together with the Jockeys and Horse Trainers Compensation Fund, are hereby transferred to the Philracom.”
Even the Act Granting Metro Turf a Franchise to Construct, Operate and Maintain a Race Track for Horse Racing stipulates that “one half percent shall be set aside for the benefit of the jockeys and horse trainers.”