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Gulfstream Banking on 2009 Meet Changes

Gulfstream Banking on 2009 Meet Changes

Gulfstream Park is hoping that a move to a five-day race week will help produce larger fields and attract more live fans and other bettors on days that have proven more popular than its newly-dark Mondays.

Remington Park: Purses Up, Handle Down

Remington Park: Purses Up, Handle Down

Remington Park in Oklahoma recently completed its 20th season of Thoroughbred racing with a record purse disbursement and increased attendance, but followed national trends with a decline in most wagering statistics.

Belmont Handle, Attendance Averages Down

Belmont Handle, Attendance Averages Down

The 37-day 2008 Belmont fall meeting, which ended on Oct. 26, produced mixed business results. All-sources handle on NYRA races was $356.3 million, compared with the 2007 figure of $346.5 million, for an increase of 2.8%. Because the 2008 meet included four more days than the 2007 meet, there was actually an 8.3% decline in the equivalent daily average all-sources handle figure.

Oak Tree Meet Lifted by Breeders' Cup

Oak Tree Meet Lifted by Breeders' Cup

An otherwise sluggish Oak Tree at Santa Anita meet got turned around by hosting the Breeders' Cup World Championships, Oct. 24-25. Excluding the Breeders' Cup, the Oak Tree handle was down 14%.

No Early Issue with Breeders' Cup Signal

No Early Issue with Breeders' Cup Signal

Early handicapping on signal distribution of the Breeders' Cup World Championships shows the prestigious event will be available to a wide variety of outlets and bettors, at first glance calming fears of any "signal wars" fallout evident in other revenue-sharing disputes involving advance deposit wagering.

Evangeline Downs Reports Record Gains

Evangeline Downs Racetrack and Casino's recently concluded 2008 spring/summer Thoroughbred season posted all-time highs in average nightly handle, single-night handle, average field size, and purse distribution for the 84-night meet.

'Realities' Force Calder Date Cuts

'Realities' Force Calder Date Cuts

Calder Race Course has asked the Florida Division of Pari-Mutuel Wagering for permission to hold live racing four days a week, rather than five, during 11 weeks beginning Sept. 1.

Wagering Plummets Since Triple Crown

Wagering Plummets Since Triple Crown

Wagering has dropped 11% on North American Thoroughbred racing since the end of the Triple Crown series -- at least by one indicator -- a disturbing trend that can likely be attributed to a variety of factors.

TVG: Record Handle for First Quarter

TVG: Record Handle for First Quarter

TVG processed $108.8 million in total wagering during the first quarter of 2008, the highest first quarter total in the company's history and a 32% increase over the first quarter of 2007.

Total Wagering Up in New Zealand

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The unaudited figures from the New Zealand Racing Board for the first six months of the 2007/08 season show that despite the challenges imposed by the equine influenza outbreak in Australia, business has continued to deliver strong turnover growth.

Youbet Settles Lawsuit in Virginia

Youbet Settles Lawsuit in Virginia

A federal lawsuit between Youbet.com and several entities associated with Virginia racing has been settled, resulting in a renewed effort by the advance deposit wagering company to become licensed in the state.

CDI: Multi-Year Proposal for 'Cup

CDI: Multi-Year Proposal for 'Cup

Churchill Downs Inc. says it is sincerely interested in hosting the Breeders' Cup World Championships, so much so that it offered what it considered an "innovative" multi-year plan for regularly staging the annual event at its signature namesake track starting in 2009.

Wagering Down, Purses Up in 2007

Overall wagering declined slightly in the United States in 2007 while purses increased, according to "Thoroughbred Racing Economic Indicators" data released Jan. 15.

Calder On-Track Handle Down 24%

Calder On-Track Handle Down 24%

On-track handle at Calder Race Course fell 24% during the 2007 portion of its Tropical meet, according to data obtained from the Florida Division of Pari-Mutuel Wagering. Calder's simulcast handle fell 26% compared with the same period in 2006.

CDI Keeping an Eye on the Future

CDI Keeping an Eye on the Future

Churchill Downs Inc. reported a 7.1% increase in net revenue for the third quarter of 2007, but realized a 62.9% decline in net earnings, as the company's chief executive voiced hope for the future on a variety of fronts during a Nov. 8 conference call.

IRG a Hot Topic During Youbet Call

IRG a Hot Topic During Youbet Call

Youbet.com reported a decline in overall handle and increase in total revenue for the third quarter of 2007, but a related earnings conference call with analysts Nov. 7 was punctuated by discussion of the federal investigation involving the company's off-shore entity, International Racing Group.

Wagering Declines on 2007 Breeders' Cup

Wagering Declines on 2007 Breeders' Cup

A total of $111,903,685 was wagered from all sources on the 11-race Breeders' Cup World Thoroughbred Championships card at Monmouth Park Oct. 27, according to preliminary data, a decline of 20.3% from the all-time record set at Churchill Downs last year.

Evangeline Downs Concludes a Successful Season

Evangeline Downs Racetrack & Casino's recently concluded 2007 spring/summer season showed across-the-board gains in several major categories, including total handle, on-track handle, purse distribution, and average field size for the 89-night meet.

As Spa Enters Homestretch, Business Remains Brisk

  • News
As Spa Enters Homestretch, Business Remains Brisk

Through the fifth week of the Saratoga meet, attendance is up 6% from last year, on-track handle is up 7.5%, and total handle is up 6.1%, according to figures released by the New York Racing Association.

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