Handle

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Things That Make You Go Hmmmm (9)

Things That Make You Go Hmmmm (9)

Have you ever watched National League MVP Joey Votto of the Cincinnati Reds at the plate? Tom Lamarra offers thoughts on topics ranging from the Medication Summit to Handle Read Blog

Breeders' Cup Boosts November Purses, Handle

The Nov. 6-7 Breeders' Cup World Championships during the Oak Tree at Santa Anita meet provided a major shot in the arm for November purses, which were up 24.9% over the same month a year ago when the Breeders' Cup was held in October.

On-Track Down, Simulcast Up at Keeneland

On-Track Down, Simulcast Up at Keeneland

A rainy October in Kentucky led to much lower on-track business for the Keeneland fall meet, but good racing at the track helped the simulcast wagering, and the combined off-track and on-track betting increased.

Purses Drop 6% During Month of September

Wagering on Thoroughbred races in the United States was only down less than 1% in September, but for the year still lags 2008 by more than $1 billion.

Saratoga Attendance, Handle Down Slightly

Saratoga Attendance, Handle Down Slightly

Attendance and handle turned down fractionally for the first time during the 2009 Saratoga Race Course meet after two inches of rain Aug. 28 and 29 lowered attendance on Shadwell Travers (gr. I) Day and forced seven of the weekend's 11 carded turf races off the turf. Attendance was down 1.6%, on-track handle down 1.6%, and all-sources handle down 2.8% from 2008 totals through week five.

Belmont Attributes Low Handle Figures to Rain

Belmont Attributes Low Handle Figures to Rain

All-sources handle for the recently-concluded 64-day Belmont Park spring/summer meet decreased 13.9% from 2008 totals, in contrast with industry-wide decreases of 16.9% in June, and 10.5% through the first six months of 2009 compared to 2008 figures. Incessant rain throughout the meet resulted in 77 races taken off the turf and many more turf races which could not be carded.

Saratoga Opening Day Way Up

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On-track and all-sources handle were up significantly over 2008 totals as Saratoga Race Course opened its 141st season July 29.

ADWs Grab Larger Share in First Quarter

Led by strong performances from Twinspires.com and Youbet.com, collective handle for the four largest domestic advance deposit wagering platforms increased by roughly 15% in the first quarter of the year, while their overall share of the national betting pie grew by more than 2%.

Preakness Yields Bountiful Handle Increases

Preakness Yields Bountiful Handle Increases

Wagering was up on several segments of the Preakness day card, according to data released May 18 by Maryland Jockey Club officials, fueled in part by the showdown between Kentucky Derby Presented By Yum! Brands (gr. I) winner Mine That Bird and Kentucky Oaks (gr. I) victress Rachel Alexandra.

Youbet Looking Beyond Racing for Growth

Youbet Looking Beyond Racing for Growth

Flush off a quarter in which it saw increased handle and profit, Youbet.com said May 13 it would look at possibly establishing a presence in another country in an effort to expand its wagering offerings beyond horse racing.

CDI: Revenues Up, Earnings Down

CDI: Revenues Up, Earnings Down

Citing the absence of insurance payments received in 2008, Churchill Downs Inc. reported a net loss of $4.8 million in the first quarter of the year, but said a 12% increase in net revenues were attributed to strength in its Louisiana gaming business and on-line wagering operation.

'Big Four' Post Mixed Oregon ADW Numbers

'Big Four' Post Mixed Oregon ADW Numbers

Even though TVG, TwinsSpires.com, and XpressBet.com enjoyed handle growth in 2008, total wagers processed by advance deposit wagering entities through hubs in Oregon decreased for the first time this decade, though the numbers are skewed by actions related to another member of the "Big Four," Youbet.com.

TrackNet Signal Cut-Off Looms in Nevada

TrackNet Signal Cut-Off Looms in Nevada

Despite comments from TrackNet Media Group that negotiations are "going backwards" over issues involving racing signals to Nevada racebooks, the player on the other side of the table offered guarded hope matters can be resolved before a Jan. 25 cut-off deadline.

Calder Handle Down Significantly

Calder Handle Down Significantly

Wagering in Florida on Calder Race Course's recently concluded Tropical at Calder meet fell 31% in 2008, according to the Florida Division of Pari-Mutuel Wagering.

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