Woodbine Purse Cuts to Average 5%
Date Posted: 7/16/2004 6:45:47 PM
Last Updated: 7/18/2004 2:49:31 PM

(from Woodbine release)
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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