Handle

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MJC Announces Final 2004 Handle Figures

With 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%.

Handle Up, Purses Down During First Quarter

  • News

Total 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.

Handle Up at Close of Laurel Meet

  • News

Laurel 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.

AmericaTab Chief: 'Fragmented Industry' Must Change

The 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.

NTRA Seeks Reasons Behind 2003 Purse Drops

  • News

The 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.

Double-Digit Gains Galore at Tampa Bay Downs

Tampa 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.

Early Numbers Up at Beulah; Sets Single Day Wagering Record

  • News

Beulah 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.

High Priority

By 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.

AmericaTab Handle Jumps Despite MEC Blackout

Handle 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.

AmericaTab Handle Jumps Despite MEC Blackout

Handle 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.

Portland Meadows Handle Highest in About 15 Years

  • News

Changes 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.

Signaling Trouble

By Ray Paulick -- In an age of telephone and Internet betting and rebates the price of the signal must be re-examined.

TVG BC Day Handle Up 31%

Continuing 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.

Wagering Increases, Purses Fall in Third Quarter

  • News

Total 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.

Hong Kong Handle Down, But Club Optimistic

  • News

Though handle was down for its most recent racing season, the Hong Kong Jockey Club remains optimistic in the wake of product expansion, including wagering on soccer games, the organization's top official said Aug. 28 during the club's annual general meeting.

Numbers Up at Les Bois

  • News

Bucking the current industry trend, Les Bois Park finished up its 2003 live racing season with on-track increases for both attendance and total money wagered.

Wagering Up, Purses Down for Second Quarter

Wagering in North America during the second quarter of the year increased 2.52% over the corresponding period in 2002. But, while there were 32 more racing days, purses dropped 1%.

Total Handle Record Set by Stockton Fair

  • News

The total amount of money wagered on races at the recently concluded 10-day San Joaquin County Fair meet at Stockton, Calif. increased 10% to a record $16.95 million, officials reported.

Preakness Day Handle Down 9.5% From Last Year

Total handle on the May 17 Preakness Stakes Day program at Pimlico Race Course topped $60 million for the third consecutive year, but it was down 9.5% from last year, according to figures released May 21 by the Maryland Jockey Club.

As Tampa Bay Racing Grows, So Does Handle

Tampa Bay Downs racing is growing in popularity as evidenced by a 22% increase in total handle during the 93-day that ended May 4. Total handle of $237,158,919 was up about $44 million from the 2001-2002 season.

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