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BloodHorse.com Articles for "Pari Mutuel Handle"

Handle Up Slightly, Purses Drop in April

Wagering on United States racing in April registered a small year-over-year gain, but purses were down from April in 2012, according to the Thoroughbred Racing Economic Indicators released by Equibase May 5.

 Sunday, May 05, 2013

NY Lawmaker Uses Derby to Push City OTB

A New York lawmaker May 4 said he will introduce legislation authorizing off-track betting at New York City bars that offered it before New York City Off-Track Betting Corp. went bust and closed in 2010.

 Saturday, May 04, 2013
Total Handle on Oaks Day a Record $45.8M

Total Handle on Oaks Day a Record $45.8M

Churchill Downs set a record for its May 3 Longines Kentucky Oaks (gr. I) program when more than $45.8 million was wagered on a 12-race card.

 Saturday, May 04, 2013

Atlantic City Ends Meet With $1 Million Day

Atlantic City Race Course ended its six-day all turf meet May 1 with total pari-mutuel handle in excess of $1 million for a seven-race program.

 Friday, May 03, 2013

Export Handle Fuels Charles Town Record

Hollywood Casino at Charles Town Races set another pari-mutuel handle record in April when it reported average daily handle of $1,367,336, up 1% from the same month in 2012.

 Friday, May 03, 2013
Average Daily Handle Down 4% at Turfway Meet

Average Daily Handle Down 4% at Turfway Meet

Though total pari-mutuel handle during the recent winter/spring meet at Turfway Park fell almost 30% from the same meet in 2012, average daily handle was down 4% because of 11 fewer live racing days.

 Friday, April 12, 2013
Keeneland Again Tops HANA Racetrack Ratings

Keeneland Again Tops HANA Racetrack Ratings

For the fifth consecutive year, Keeneland, which begins its spring meet April 5, topped the 2013 racetrack ratings produced by the Horseplayers Association of North America.

 Friday, April 05, 2013
March Wagering Down Slightly From 2012

March Wagering Down Slightly From 2012

Commingled pari-mutuel handle for March was $983,428,969, down only 0.11% from the same month in 2012, according to the Thoroughbred Racing Economic Indicators released by Equibase April 4.

 Thursday, April 04, 2013

Handle on Live Pennsylvania Races Up 12%

Purses paid at six racetracks in Pennsylvania in 2012 increased 1% while wagering on the live product was up 12% from the previous year, according to the latest benchmark report prepared by regulators.

 Wednesday, March 27, 2013

Handle, Purses, Race Days Decline in February

Pari-mutuel wagering, purses, and race days all declined in February compared with the same month in 2012, according to the Thoroughbred Racing Economic Indicators released by Equibase March 4.

 Monday, March 04, 2013

Handle Down, Purses Increase in January

Wagering on United States races dropped 2.02% in January when compared with the same month in 2012, according to the Thoroughbred Racing Economic Indicators released by Equibase Feb. 4.

 Monday, February 04, 2013

Handle, Purses Down at Delaware Park in 2012

Live and simulcast wagering on races at Delaware Park in 2012 totaled $116,771,915, down 22.08% from $149,862,434 in 2011, according to statistics released by the Delaware Thoroughbred Racing Commission Jan. 17.

 Thursday, January 17, 2013
Ohio Reports Jump in Registered Broodmares

Ohio Reports Jump in Registered Broodmares

The number of Thoroughbred broodmares registered in Ohio in 2012 jumped 53.9% from 2011 to 2012, according to Ohio State Racing Commission statistics.

 Monday, January 14, 2013
Total Handle Up for First Time Since 2006

Total Handle Up for First Time Since 2006

Despite a slight decline in wagering in December, total pari-mutuel handle on United States racing in 2012 was up 0.96%, the first increase since 2006, according to the Thoroughbred Racing Economic Indicators.

 Saturday, January 05, 2013

Handle, Purses Increase at Penn National

Hollywood Casino at Penn National Race Course reported a 19.4% increase in all-sources pari-mutuel handle for 197 live racing days in 2012. Meanwhile, total purses jumped 11.6%.

 Thursday, January 03, 2013

Lower Takeout Among NY Council's Suggestions

The New York Racing Fan Advisory Council has released its formal recommendations for ways to improve horse racing in the state, and at the top of the list is lower pari-mutuel takeout.

 Wednesday, January 02, 2013
Charles Town Reports Handle Records for 2012

Charles Town Reports Handle Records for 2012

Hollywood Casino at Charles Town Races reported that, for the first time in the track's 79 years of operation, average daily pari-mutuel handle topped the $1 million mark.

 Saturday, December 29, 2012

Strong Focus on Pari-Mutuel Side Called Vital

In this age of racetrack casinos, the message is very clear: Increase the focus on pari-mutuel wagering and don't consider gaming revenue for purses and other programs an entitlement.

 Wednesday, December 05, 2012
Storm Hurt Cup Handle by About $9 Million

Storm Hurt Cup Handle by About $9 Million

A review of wagering on this year's World Championships indicated the aftermath of Hurricane Sandy cost Breeders' Cup roughly $9 million in pari-mutuel handle compared with 2011 figures, organization officials said.

 Friday, November 09, 2012
BC Prepared for Handle Hit After Hurricane

BC Prepared for Handle Hit After Hurricane

Breeders' Cup is prepared to take a hit in pari-mutuel handle given the aftermath of Hurricane Sandy in the Mid-Atlantic and Northeast even though many wagering outlets were back in operation Nov. 2.

 Friday, November 02, 2012
Officials See Monmouth Meet as Starting Point

Officials See Monmouth Meet as Starting Point

Monmouth Park registered gains in average daily attendance but declines in pari-mutuel handle for its 65-day meet, officials said Oct. 7, closing day of the meet.

 Tuesday, October 09, 2012
Handle, Purses Up Double Digits in August

Handle, Purses Up Double Digits in August

Aided by an increase in race days, pari-mutuel handle and purses in August registered the largest gains in recent memory, according to the Thoroughbred Racing Economic Indicators released Sept. 5.

 Wednesday, September 05, 2012

July Pari-Mutuel Handle, Purses Decline

Pari-mutuel handle remained slightly ahead of last year even though it was down 7.37% in July when compared with the same month in 2011, according to the Thoroughbred Racing Economic Indicators released by Equibase.

 Monday, August 06, 2012
Handle Up at Del Mar After First 10 Days

Handle Up at Del Mar After First 10 Days

Pari-mutuel handle at Del Mar continues to exceed 2011 levels, particularly on track, officials said July 29 after the second full week of racing.

 Monday, July 30, 2012

Hong Kong Season Handle Increases 7%

The Hong Kong Jockey Club reported an increase in wagering for the racing season that ended July 15.

 Tuesday, July 17, 2012

Penn National Handle Up Fourth Straight Month

Hollywood Casino at Penn National Race Course reported double-digit increases in pari-mutuel handle on and off track for the fourth consecutive month in June.

 Monday, July 02, 2012
PA Gaming Report Examines Revenue for Purses

PA Gaming Report Examines Revenue for Purses

Slot machine revenue for purses increased by more than $19 million at six Pennsylvania racetracks in 2011, while pari-mutuel handle and the revenue it produces for prize money continued to drop.

 Monday, June 04, 2012

Canterbury Cuts Takeout 39% on 'Pick' Wagers

Canterbury Park in Minnesota has slashed the pari-mutuel takeout rate on Pick 3 and Pick 4 wagers by almost 40% for its upcoming meet.

 Monday, May 14, 2012

Season of Change Begins at Delaware Park

Delaware Park opened its 75th season of Thoroughbred racing on a picture-perfect afternoon May 12 with a large, yet it was also set to face some challenges for the 100-day meet.

 Monday, May 14, 2012
CDI Reports First-Quarter Gain in Earnings

CDI Reports First-Quarter Gain in Earnings

Churchill Downs Inc. reported net earnings of $1.4 million in the first quarter of 2012, a reversal from a $3.2 million loss during the first three months of 2011.

 Tuesday, May 08, 2012
Tracks Report Business Gains on Derby Day

Tracks Report Business Gains on Derby Day

Racetracks reported an upswing in business because of the record-setting Kentucky Derby Presented by Yum! Brands (gr. I) program held May 5 at Churchill Downs.

 Sunday, May 06, 2012
Churchill Sets Handle Records for Derby Day

Churchill Sets Handle Records for Derby Day

In addition to record attendance, Churchill Downs reported record all-sources wagering of $187 million for its 13-race Kentucky Derby Presented by Yum! Brands (gr. I) program May 5.

 Sunday, May 06, 2012

Atlantic City Meet Continues in Growth Mode

Atlantic City Race Course wrapped up its six-day turf meet with large crowds and what was said to be the largest crowd at the New Jersey track in 25 years.

 Friday, May 04, 2012
NYRA Reports Handle Gains for Aqueduct Meet

NYRA Reports Handle Gains for Aqueduct Meet

Pari-mutuel handle at this year's 78-day Aqueduct winter/spring meet was up across the board, the New York Racing Association reported April 26.

 Thursday, April 26, 2012
TVG Partners Show Handle Gains on Big Day

TVG Partners Show Handle Gains on Big Day

TVG, the racing network and advance deposit wagering service, reported substantial pari-mutuel handle gains by partner racetracks April 14.

 Tuesday, April 17, 2012

Magical Feeling Wins; CT Sets Handle Records

Grade II winner Magical Feeling, a winner of more than half of her starts, added another victory to her record by taking the $200,000 Sugar Maple Stakes for fillies and mares at Charles Town Races April 14.

 Sunday, April 15, 2012
Purses, Handle Show Solid March Gains

Purses, Handle Show Solid March Gains

Purses and pari-mutuel handle on Thoroughbred races continued a solid rebound in March with a slight increase in race days, according to the Thoroughbred Racing Economic Indicators released by Equibase.

 Wednesday, April 04, 2012
Turfway Reports Handle, Field Size Down

Turfway Reports Handle, Field Size Down

All-sources pari-mutuel handle on Turfway Park races during its winter/spring meet dropped 11.2%, while ontrack handle on live racing was down 16.5%, track officials said April 2.

 Monday, April 02, 2012
PNGI Racetracks Report Strong March Handle

PNGI Racetracks Report Strong March Handle

Hollywood Casino at Charles Town Races April 2 reported a record monthly all-sources pari-mutuel handle of $29,426,572 in March, while sister track Hollywood Casino at Penn National Race Course also reported wagering gains.

 Monday, April 02, 2012
Keeneland Again Tops HANA Racetrack Ratings

Keeneland Again Tops HANA Racetrack Ratings

For the fourth consecutive year Keeneland is the top-rated racetrack under the Horseplayers Association of North America racetrack ratings system.

 Monday, April 02, 2012

Committee Will Examine Gural Slots Proposal

The United States Trotting Association has formed a committee to examine a proposal to use a small percentage of gaming revenue to support marketing and enhanced equine drug testing, but stopped short of endorsing the plan.

 Tuesday, March 20, 2012
Sam Houston Reports Gains for 2012 Meet

Sam Houston Reports Gains for 2012 Meet

Sam Houston Race Park reported a 35% increase in live pari-mutuel handle and a 40% jump in attendance for its 31-day Thoroughbred meet, which ended March 12.

 Thursday, March 15, 2012

OH Horsemen Fight Breeding Fund Money Grab

Ohio horsemen are lobbying the state Senate to alter language in House-passed legislation that would shift pari-mutuel revenue for breeding funds to municipalities that host racetracks.

 Tuesday, March 06, 2012
Mild February Aids Solid Handle Increase

Mild February Aids Solid Handle Increase

Unseasonably warm weather in February no doubt contributed to a 7.60% increase in wagering on United States races.

 Monday, March 05, 2012
Turfway Slashes Purses; Lowest in 20 Years

Turfway Slashes Purses; Lowest in 20 Years

In yet another sign of trouble for the Kentucky horse racing industry, Turfway Park said it will slash overnight purses 25% effective March 3 because of an overpayment coupled with lower pari-mutuel handle.

 Thursday, March 01, 2012
Gulfstream Purses to Average $440,000 a Day

Gulfstream Purses to Average $440,000 a Day

An increase in pari-mutuel handle has led Gulfstream Park to raise purses 15% through the end of its meet, which concludes April 8.

 Thursday, March 01, 2012

Kentucky ADW Tax Bill Passes House

Legislation that would tax pari-mutuel wagers made by Kentucky residents through advance deposit wagering services passed the House of Representatives by a 79-15 vote Feb. 24.

 Saturday, February 25, 2012
Good Weather Aids Business at Oaklawn Park

Good Weather Aids Business at Oaklawn Park

Oaklawn Park said overnight purses will increase $5,000 per day effective Feb. 9 because of improved business aided by good weather.

 Wednesday, February 08, 2012
Turfway Drops Some Stakes to Maintain Purses

Turfway Drops Some Stakes to Maintain Purses

The ability to fill a greater number of higher-level races in December has led Turfway Park to trim some stakes toward the end of its 2012 winter/spring meet to meet the purse budget.

 Monday, January 23, 2012
Case Made for High-Volume Betting Services

Case Made for High-Volume Betting Services

Horsemen hashed out the issue of high-volume bettors and rebates Jan. 13, and in the process got a fairly detailed look at their impact on pari-mutuel Thoroughbred racing in the United States.

 Friday, January 13, 2012
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