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The first meet with a Polytrack surface proved not only to produce solid footing but also solid financial figures.
Friday, April 07, 2006The National Thoroughbred Racing Association and Equibase Company reported Wednesday that pari-mutuel handle and purses declined in the U.S. last year, primarily a result of racing cancelled due to weather.
Wednesday, February 01, 2006The National Horsemen's Benevolent and Protective Association may look for ways to pursue legal action to stop signal piracy and recover what they believe is their fair share of revenue from wagering on Thoroughbred racing.
Tuesday, January 24, 2006Beulah Park set an all-time one-day handle record, while Turfway Park has increased purses because of business gains.
Friday, January 20, 2006The absence of turf racing didn't impact the Hollywood Park fall meet as much as expected--at least in terms of averages--according to meet-end figures released by the Southern California racetrack.
Tuesday, December 20, 2005Large fields and an artificial racing surface are credited for a 17% increase in all-sources handle for the first three weeks of the Turfway Park meet.
Tuesday, December 20, 2005Total handle and purses registered gains during the 167-day Woodbine meet that spanned April 16-Dec. 11.
Thursday, December 15, 2005TV Games Network set a new quarterly handle record when it processed $119.8 million in wagers in the third quarter of this year. The figure is up 32.1% from the third quarter of 2004.
Friday, November 04, 2005All-sources handle on the Oct. 29 Breeders' Cup World Thoroughbred Championships at Belmont Park was a record $124,009,593, up 2.5% from the $120,897,141 wagered last year when the event was held at Lone Star Park.
Friday, November 04, 2005Breeders' Cup, already expecting to begin its Oct. 29 World Thoroughbred Championships day $13 million in the hole handle-wise compared with last year, could take an even bigger hit given a lack of established wagering outlets in hurricane-ravaged Florida and Louisiana.
Thursday, October 27, 2005Breeders' Cup, faced with a potential decline in handle for this year's World Thoroughbred Championships given the absence of secondary pari-mutuel operators from its pools, is calling for the industry to expedite a policy on rebate shops.
Tuesday, October 25, 2005Emerald Downs closed its 2005 race meet Oct. 16 with record increases in both handle and purses, making it the most successful year in the track's 10-year history.
Tuesday, October 18, 2005Calder Race Course ended its 120-day Calder meet Oct. 16 with declines in attendance and wagering from a year ago.
Tuesday, October 18, 2005Turfway Park reported on-track handle was up 2.1% for its fall meeting while all sources handle declined 11.8% The meet, which was 22 days, was the first to feature the new synthetic Polytrack surface.
Friday, October 07, 2005Pari-mutuel handle on Thoroughbred racing in the United States and Canada was down 3.8% in the second quarter of 2005, though purses dipped less than 1% for the quarter, according to the latest "Thoroughbred Racing Economic Indicators."
Tuesday, July 12, 2005Youbet.com, the California-based online wagering service, handled $3.4 million June 11, Belmont Stakes (gr. I) day, to bring its three-day Triple Crown total to $9.5 million. In 2003, the last time Youbet.com offered wagering on the Kentucky Derby (gr. I), Preakness Stakes (gr. I), and Belmont, total handle was $6.5 million, the company said.
Wednesday, June 15, 2005Total in-state handle during the Pimlico Race Course spring meet was up 18.3% from the corresponding 2004 meet, according to figures provided by the Maryland Jockey Club.
Tuesday, June 14, 2005TV Games Network, the 24-hour horseracing and interactive wagering network, set a one-day handle record May 7 with $6,397,203 in bets. Wagering on the Kentucky Derby (gr. I) alone was $2,767,545.
Thursday, May 12, 2005New Jersey racing officials expect account-wagering handle to top $35 million this year in its first full year of operation.
Wednesday, May 04, 2005Keeneland's spring meet ended April 29 with record total attendance and the second highest on-track mutuel handle in history but a decline in total handle and total daily average handle.
Monday, May 02, 2005After experiencing the wettest winter in the track's 70-year history, Santa Anita Park concluded its 2004-05 winter/spring meeting with only a 3% decline in total handle.
Monday, April 18, 2005Total handle on United States Thoroughbred racing in North America, as well as U.S. Thoroughbred purses, were down in the first quarter of 2005 compared with the first quarter in 2004, the National Thoroughbred Racing Association and Equibase said.
Friday, April 08, 2005With handle in January down about 9% from the same period in 2004, Philadelphia Park said its year-to-date purse overpayment has reached $1.9 million because of a commitment to boost purses while it waits to install slot machines. Meanwhile, the Pennsylvania Horse Breeders Association finished 2004 in the black, but not without some adjustments.
Tuesday, March 29, 2005An increase in handle on its live product had led Tampa Bay Downs to raise purses 7% effective Feb. 15. The daily average--overnight races and stakes--will be $140,000, a record for the track located in Oldsmar, Fla.
Tuesday, February 08, 2005With eleven fewer racing days than in 2003, the Maryland Jockey Club announced its total handle declined 4% in 2004. All sources handle totaled $868.1 million as compared to $905.7 million from the same period in 2003. The daily average handle from all sources decreased 2% from $3.48 million to $3.41million. For the fourth consecutive year, the daily average handle on the export signal increased, this time by 4%.
Wednesday, January 05, 2005On the heels of a record wagering day, Lone Star Park was set to host its first Breeders' Cup World Thoroughbred Championships with an improved weather forecast and a flurry of activity the morning of the event at the Texas racetrack.
Saturday, October 30, 2004A third-quarter increase in purses despite a decrease in pari-mutuel handle is attributed to growth in alternative gaming, the National Thoroughbred Racing Association said.
Wednesday, October 20, 2004Del Mar set a record for total handle during its meet that ended Sept. 8, while on-track business at the Southern California track held its own.
Thursday, September 09, 2004Though pari-mutuel handle on Thoroughbred racing in the United States and Canada dropped slightly in the second quarter of 2004, purses increased 2.86%, according to the National Thoroughbred Racing Association and Equibase.
Monday, July 19, 2004David Willmot shared his opinions on everything from slot machines to the relationship between purses and handle at Wednesday night's Kentucky Thoroughbred Farm Managers' Club meeting.
Wednesday, April 14, 2004Total North American handle during the first quarter of the year was up slightly from 2003 despite 45 fewer racing days, but once again purses did not keep pace, according to statistics released Friday by the National Thoroughbred Racing Association and Equibase.
Friday, April 09, 2004At its recent meet that ended March 27, Delta Downs reported a 32% increase in handle over last year's results, with a total handle of more than $115 million.
Thursday, April 08, 2004Laurel Park closed out its winter meet on March 28 with a 2% gain in all-source handle. All-sources handle totaled $245 million for the 2004 winter meet, compared to $240 million in 2003.
Wednesday, March 31, 2004The president of a growing account wagering service said handle declines at major winter meets aren't good for racing, and he suggested it's time for a "fragmented industry" to move forward in the best interests of its customers, racetracks, and horsemen.
Monday, March 08, 2004The National Thoroughbred Racing Association's Wagering Systems Task Force has enlisted a panel of business experts, including former New York City Mayor Rudy Giuliani, to find out what caused purses to drop in 2003 even though national handle increased.
Friday, March 05, 2004Sunland Park set a single day handle record Feb. 3, when more than $2 million was wagered at the New Mexico racetrack.
Friday, February 06, 2004Tampa Bay Downs continues to make sizable gains in terms of its live signal and on-track attendance, but on-track simulcast revenues are down because of a conflict involving Magna Entertainment Corp. and the New York Racing Association.
Tuesday, January 27, 2004Beulah Park kicked off its first four days of racing in 2004 with a staggering 96% percent increase over the same number of days a year ago. On Monday the track shattered an 81-year-old all time single day pari-mutuel record of $1,554,073.
Wednesday, January 14, 2004By Ray Paulick -- This year-end headline could not have gone unnoticed by anyone operating a racing stable--large or small--or by the leaders of organizations whose mission is to improve the economics of the Thoroughbred industry: 2003 Handle Up Slightly, But Purses Decrease.
Tuesday, January 13, 2004Handle through the AmericaTab family of account-wagering services was up almost 90% the first six days of January even though the services weren't permitted to offer betting on Magna Entertainment Corp. racetracks, including premier meets at Gulfstream Park and Santa Anita Park.
Wednesday, January 07, 2004Handle through the AmericaTab family of account-wagering services was up almost 90% the first six days of January even though the services weren't permitted to offer betting on Magna Entertainment Corp. racetracks, including premier meets at Gulfstream Park and Santa Anita Park.
Wednesday, January 07, 2004Total handle on Thoroughbred racing in the United States and Canada increased by only 0.9% in 2003, according to the National Thoroughbred Racing Association and Equibase.
Monday, January 05, 2004Hastings Park recently concluded its 2004 meet with a minor dip in on-track handle figures, and an 8.5% drop in all-source handle.
Tuesday, December 02, 2003Changes in first post time and fuller fields have produced pari-mutuel gains this season for Portland Meadows, which on Dec. 1 cleared the half-million-dollar mark in total handle for a program for the first time in 15 years.
Tuesday, December 02, 2003A study to be released out of Maryland Wednesday says there is little evidence racetrack business significantly declines if slot machines are housed at locations other than racetracks.
Wednesday, November 12, 2003The Woodlands, in Kansas City, Kansas, just completed its most successful meet in recent history. The track registered gains in live and off-track handle, as well as attendance, following its 30-day mixed meet which ran from Sept. 23 through Nov. 1.
Thursday, November 06, 2003By Ray Paulick -- In an age of telephone and Internet betting and rebates the price of the signal must be re-examined.
Wednesday, November 05, 2003Continuing to build on its increased distribution, TVG's handle on Saturday, the day of the Breeders' Cup World Thoroughbred Championships, was $3,362,026, 31.1% higher than on Breeders' Cup day in 2002.
Wednesday, October 29, 2003The 2003 Breeders' Cup World Thoroughbred Championships was a record-setter in terms of handle, both on track at Santa Anita Park and throughout the world via simulcasting. Meanwhile, despite several longshots, there was one winning ticket worth more than $2.6 million in the Breeders' Cup Ultra Pick 6.
Saturday, October 25, 2003Total wagering during the third quarter of the year increased to $4,007,591,917, a growth of 3.38% over the same quarter last year. Third-quarter purses dipped 4.15%, to $306,800,417. Compared with third-quarter 2002, racing days declined slightly, with a total of 16 fewer days.
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