Hopes for a spike in pari-mutuel handle at Keeneland this fall in advance of this year's Breeders' Cup World Championships did not materialize.
The 30th edition of the Jim McKay Maryland Million Oct. 17 at Laurel Park generated an increase in handle of 34.9% and an increase in attendance of 5.6%, compared with last year's event.
Growth in export market wagering on the Qatar Prix de l'Arc de Triomphe card illustrates the importance of expanding wagering agreements worldwide, Louis Romanet said during his closing remarks at the IFHA annual conference.
A strong September in terms of handle on U.S. races has helped wagering figures through the first three quarters of 2015 stay in the black.
Mike Maker, who scored in three consecutive races Sept. 19, was named top trainer of the 2015 Kentucky Downs meet while jockey Florent Geroux was the leading rider with 12 victories for the five-day season.
Citing higher than anticipated handle on its Aug. 15 Arlington Million card and following days, Arlington International Racecourse announced it will card additional races daily and increase purses for state-bred races.
The New York Racing Association reported record handle of $648,272,805 for its 2015 Saratoga Race Course meet that concluded Sept. 7, reflecting a 13.5% increase in all-source wagering activity compared with 2014.
Del Mar raced to a close of its 76th summer season on Labor Day, completing a 40-day meet that saw total handle figures rise by nearly 10% thanks to four additional race days.
Perhaps helped a bit by added attention for horse racing following American Pharoah's Triple Crown sweep, wagering on U.S. races improved 1.41% in July to $903,673,455 when compared with July 2014.
For the first 10 days of Saratoga, on-track handle on NYRA races is up 19% and total handle is up 18.3% over 2014 figures. Field size is also up 9.2% over last year.
A paid crowd of 34,783 attended opening day of Saratoga Race Course's 2015 summer meet July 24, which featured a total all-sources handle of $17,706,202.
Despite rainy weather, Lone Star Park registered increased attendance and total on-track wagering at its spring Thoroughbred meet, although all-sources handle declined 3.1% to $67.6 million.
Los Alamitos Race Course's second two-week Summer Thoroughbred Festival saw an increase in all-sources handle and an uptick in wagering on live races from last year's numbers.
The on-track handle of $541,636.30 was up over 2014 ($531,609.10) and the combined total handle was $5,392,680.04 compared to $4,580,023.87 one year ago.
Santa Anita Park reached $1 billion in pari-mutuel handle June 20, a total that dates back to the beginning of its winter meet Dec. 26.
In its fiscal year financials filed June 17, parent company Betfair reported a strong year for its U.S. advance deposit wagering operation and racing channel, TVG.
The Maryland Jockey Club announced June 8 that Pimlico Race Course's 37-day spring meet ended June 6 with sharp increases over last year in total and average pari-mutuel handle.
- By Frank Angst
- Thoroughbred Racing, Handicapping, Triple Crown, Kentucky Oaks, Kentucky, Mid-Atlantic Region
With pari-mutuel wagering up for the Kentucky Oaks day card, the Kentucky Derby day card, and the Preakness day card, racing enjoyed a 4.82% increase in wagering in the all-important month of May.
The Maryland Jockey Club announced that total handle for Black-Eyed Susan Day May 15 was $18.5 million, the highest total handle for the card in 10 years and topping last year's handle of $11.3 million by 63%.
Wagering from all sources on both the full 12-race Kentucky Oaks Day card and Longines Kentucky Oaks (gr. I) alone was the highest all-time.
Key U.S. racing economic indicators fell in March, according to an April 4 report from Equibase Co., as inclement weather led to numerous cancellations during the month.
Total handle for the recently concluded 32-day Thoroughbred meet at Sam Houston Race Park increased more than 15% to $51,258,598 in 2015 compared with the 2014 meet, as average daily handle improved a fourth straight year.
After an encouraging start in terms of pari-mutuel wagering in January, handle on U.S. races plummeted in February compared with the same month in 2014, a decline that dropped 2015's handle behind last year's pace
In a jump that could be related to larger average field sizes, pari-mutuel handle improved 1.52% in January compared with the same month last year, according to Thoroughbred racing economic indicators released by Equibase.
Pari-mutuel handle on U.S. races declined 2.84% in 2014, marking the seventh time in eight years that fewer dollars have been wagered.
Santa Anita Park reported dramatic increases in handle and attendance for opening day of its winter meet Dec. 26.
Panel discusses field-size challenges and possible solutions on the first morning of the 2014 University of Arizona Global Symposium on Racing & Gaming Dec. 9 in Tucson, Ariz.
Churchill Downs wrapped up 2014 with a double-digit decline in all-sources wagering during the 24-day fall meet that concluded Nov. 30.
The inaugural Gulfstream Park West meet in Florida had all-sources handle of $3,475,300 Saturday, Oct. 11, the highest in the four days since the meet opened.
The opening weekend at Keeneland, which marked a return to a dirt racing main track for the first time since the spring of 2006, saw steady attendance and on-track wagering but total handle declined 5.7%.
With sporadic rain showers throughout the day for Keeneland's fall meet opener Friday, which also marked the return to dirt for the Lexington track, attendance and handle figures were down compared with last year.
While it already has faced many hurdles, if the declining North American foal crop is not turned around soon, North American racing will require creative solutions from racetracks and horsemen or face further contraction.
Kentucky Downs closed out its highly successful 2014 live racing season Wednesday, Sept. 24, and the track established new records for wagering handle and starters per race during the five race-date season.
While the amount of money wagered on each U.S. race increased in August, a decline in the number of races offered proved too steep a hurdle as total wagering declined 0.37% compared with August 2013.
The Global Gaming Almanac provides 746 pages of comprehensive, up-to-date market summaries, financial data, statistics, and profiles of properties, owners, and regulators for 215 international gaming jurisdictions.
The important summer meetings at Del Mar and Saratoga Race Course each registered improved numbers compared with their 2013 seasons. Total handle was up at Del Mar; Saratoga saw total handle improve and a spike in attendance.
A horseplayers group believes its boycott negatively impacted handle at the Churchill Downs spring meet where the total money wagered decreased by more than $48 million.
Like its parent company Betfair, TVG enjoyed a strong 12 months for the fiscal year ended April 30, according to financials released June 11. TVG saw handle increase 33% to $74.76 million.
Since putting a new marketing plan in place for its Instant Racing games, Ellis Park has seen improvement in the business. The Kentucky track registered record monthly handle for the games at $3,024,776 in May.
A horseplayers group that organized a protest of Churchill Downs reports handle is down $19.3 million through the first 14 race days at the Louisville track.
Keeneland announced April 28 that all-sources handle for the 15-day meet that ended April 25 totaled $141,119,476 compared to $161,990,603 wagered during the 16-day spring meet in 2013.
The pari-mutuel model needs to be updated in order for horse racing to grow handle. read blog
With the harsh winter of 2014 finally abating, Thoroughbred racing's key economic indicators of wagering and purses declined only slightly in March, according to figures released by Equibase Co.
Despite an increase in race days, wagering on U.S. races in January of 2014 was similar to the amount of handle on U.S. races in January 2013.
The New York Racing Association posted a 2.3% average daily total handle gain for 2013. The increase follows a 2012 season during which NYRA posted sizable gains in all handle categories.
The Churchill Downs fall meet saw a double-digit percentage decline in average daily wagering at this year's 25-day stand that wrapped Saturday, Nov. 30.
Assiniboia Downs ended its 60-day season of live racing Sunday, Sept. 22 with a 6.74% increase in wagering by bettors outside of the province.
Wagering and attendance both declined slightly during the 40-day 2013 meet at Saratoga Race Course that concluded on Labor Day, Sept. 2.
Compared with 2012, average all-sources handle declined 17% at the recently completed Ellis Park summer meet, a decrease the track attributes to new competition and fewer off-track outlets in the state.
The New York Racing Association reported that all-sources wagering was up less than 1% and attendance down slightly during the first half of the 40-day meet at Saratoga Race Course.
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