Woodbine Purse Cuts to Average 5%
Updated: Sunday, July 18, 2004 2:49 PM
(from Woodbine release)
Posted: Friday, July 16, 2004 6:45 PM
Woodbine Entertainment Group, blaming a decline in slot machine business at both Mohawk and Woodbine as a result of recent implementation of government no smoking laws, announced July 15 an overall 5% cut in purses for Thoroughbred racing.
The purse adjustment will take effect July 28.
Purses for Woodbine's allowance, maiden allowance and open claiming races will be cut 3%, while maiden claiming, conditioned claiming and optional claiming events will be adjusted 10%.
Overnight stakes purses also suffered a 3% purse cut.
The regularly scheduled stakes program, announced in January, is unaffected.
Available overnight purse money for the 2004 Thoroughbred meet exceeds $67 million.
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