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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
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
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
Turfway Park will end its experiment with Saturday night racing effective Jan. 14, when it switches to a 1:10 p.m. first post.
Wednesday, January 11, 2012
Preliminary figures at Hollywood Casino at Charles Town Races show a 14.56% increase in gross all-sources pari-mutuel handle in 2011.
Saturday, December 31, 2011
Gulfstream Park reported average daily all-sources pari-mutuel handle of about $6.6 million during its first 10 race days in December, surpassing management's expectations for its first December racing in several decades.
Tuesday, December 20, 2011
Turfway Park received permission from the Kentucky Horse Racing Commission Dec. 14 to lower the pari-mutuel takeout rate on Pick 4 wagers to 14% from 22% effective Jan. 1, 2012.
Thursday, December 15, 2011
Difficulty in obtaining pari-mutuel wagering pool data and detailed player data is a major hindrance to the racing industry determining the optimal price point for takeout rates, symposium speakers said Dec. 7.
Wednesday, December 07, 2011
Several of the younger racetrack executives in the United States and overseas believe horse racing isn't going away any time soon--if the industry can adapt.
Tuesday, December 06, 2011
National handle on Thoroughbred racing continued to decline in November, though the dip is not nearly as pronounced as it was a year ago at this time.
Sunday, December 04, 2011
The highly anticipated revised schedule in southeast Florida racing will arrive Dec. 3 when Gulfstream Park begins an 87-day meet that will extend through April 8, 2012.
Friday, December 02, 2011
Turfway Park will ask the Kentucky Horse Racing Commission for permission to lower the pari-mutuel takeout rate on Pick 4 wagers to 14% from 22% effective Jan. 1, 2012.
Wednesday, November 30, 2011
The Kentucky General Assembly probably will consider legislation in 2012 that taxes bets made by Kentucky residents through advance deposit wagering systems to bolster the Kentucky Thoroughbred Development Fund.
Wednesday, November 16, 2011
Business at Monmouth Park this year expectedly dropped after what appears to be a one-time "Elite Meet" last year, but average daily figures were still much higher than those recorded for the comparable 2009 meet.
Thursday, November 10, 2011Purses were up but pari-mutuel handle was down in October, according to the Thoroughbred Racing Economic Indicators released Nov. 5 by Equibase.
Saturday, November 05, 2011The Breeders' Cup World Championships will be simulcast in about 25 countries this year, but officials said they continue to work on regulatory issues that are road-blocking common pools in those markets.
Friday, November 04, 2011The recommendations in the McKinsey Report, a document design to drive growth in Thoroughbred racing, already are being implemented, including plans for four consecutive Saturdays of television coverage next spring.
Tuesday, November 01, 2011
Keeneland overcame national trends during its 75th anniversary meet with a 9.3% gain in all-sources pari-mutuel handle on live races and an all-time attendance record for one meet.
Saturday, October 29, 2011Churchill Downs Inc. reported net earnings from continuing operations of $19.7 million for the third quarter of 2011, up significantly from $3.7 million for the third quarter of 2010.
Wednesday, October 26, 2011
River Downs, where the start of the 2011 race meet was delayed because of Ohio River flooding, reported gains in live handle and daily average purses.
Tuesday, September 13, 2011
Canterbury Park officials said overall business numbers for the Minnesota track's 2011 meet were "encouraging" in the face of 20 lost days caused by a state government shutdown.
Tuesday, September 13, 2011Kentucky Downs said the launch of Instant Racing Sept. 1 led to year-over-year increases in pari-mutuel handle on simulcast races over Labor Day weekend.
Friday, September 09, 2011Hollywood Casino at Charles Town Races took the first step toward returning more money to bettors Sept. 9 when the West Virginia Racing Commission approved a decrease in pari-mutuel takeout for four wagers.
Friday, September 09, 2011
After a solid rebound in July, pari-mutuel handle and purses declined substantially in August, according to the latest Thoroughbred Racing Economic Indicators.
Tuesday, September 06, 2011
Attendance and pari-mutuel handle were off slightly for the Aug. 27 Travers Stakes (gr. I) program at Saratoga as Hurricane Irene made its way up the East Coast.
Saturday, August 27, 2011
Ontrack business at the current Saratoga meet after 28 days continues to run ahead of comparable figures for 2010, the New York Racing Association reported Aug. 22 as the fifth week of the meet ended.
Monday, August 22, 2011
The Jockey Club Aug. 14 announced a nine-step plan for the betterment of horse racing and breeding and expects to spend millions of dollars over the next five years to implement it.
Sunday, August 14, 2011Average daily pari-mutuel handle on live racing at Hollywood Casino at Charles Town Races was up again in July, allowing the West Virginia track to register 15 consecutive months of year-over-year handle gains.
Tuesday, August 02, 2011
Attendance and handle at Saratoga continue to post increases compared with 2010 through the second week of the meet, or 10 days, according to the New York Racing Association.
Monday, August 01, 2011
Lone Star Park ended its 2011 meet July 10 with gains in daily average attendance and purses but an overall decline in pari-mutuel handle.
Monday, July 11, 2011Faced with criticism and a move to decertify it as the official horsemen's organization in California, the Thoroughbred Owners of California held a public forum at Hollywood Park June 25.
Sunday, June 26, 2011
An ongoing battle over pari-mutuel takeout rates in California isn't only a major issue in the war over horsemen's representation, but it also has moved horseplayers' involvement in political issues in racing to a new level.
Thursday, June 23, 2011There were 11 winning tickets for the record-setting Pick 6 at Belmont Park June 15, with each ticket paying $308,963.
Wednesday, June 15, 2011Purse revenue earned from pari-mutuel handle and racetrack slot machines dropped in 2010, according to the Pennsylvania Gaming Control Board's "benchmark report" on racetrack casinos in the state.
Friday, May 27, 2011
Cancellation of one program because of a lack of horses did little to dent the Delaware Park meet, which opened with enthusiasm and features a new program designed to increase attendance.
Wednesday, May 25, 2011
Pimlico Race Course reported its sixth-largest attendance and seventh-largest pari-mutuel handle for the Preakness Stakes (gr. I) program held May 21.
Saturday, May 21, 2011
New Jersey Sports and Exposition Authority officials said they were pleased with the numbers for opening weekend -- when compared with 2009 statistics and not those recorded last year for the "$50 million elite meet."
Monday, May 16, 2011
Oaklawn Park reported increases in attendance, pari-mutuel handle, and purses for its 2011 meet, which was impacted early on by weather-related cancellations.
Wednesday, April 20, 2011
Whether gross or average figures are used, pari-mutuel handle for the Santa Anita Park winter/spring was down, according to information compiled from various sources.
Tuesday, April 19, 2011
Keeneland reported business gains for the first three days of its spring meet, including record attendance for a three-day period.
Thursday, April 14, 2011
Turfway Park reported across-the-board increases in pari-mutuel handle for its 2011 winter/spring meet in the face of national figures that show total handle on United States racing is down 8.5% for the same period.
Monday, April 04, 2011
Gulfstream Park's combined pari-mutuel handle the weekend of April 2-3 was $33.6 million, shattering the previous weekend record set last year in Gulfstream's new building by 29%.
Sunday, April 03, 2011
The National Horsemen's Benevolent and Protective Association is compiling the results of a survey that shows its 30 affiliates spent almost $11 million on benevolence programs last year.
Wednesday, March 23, 2011Horsemen were told March 18 of the importance of keeping close watch of purse accounts, money from which sometimes ends up commingled with racetrack operating accounts or tangled in bankruptcy cases.
Friday, March 18, 2011
Churchill Downs Inc. plans to expand beyond pari-mutuel wagering should online gambling be legalized on the state or federal levels, company officials said March 15.
Tuesday, March 15, 2011
Bills authorizing participation in an interstate racing compact and some oversight of advance deposit wagering companies have passed the Kentucky House and Senate.
Saturday, March 05, 2011The Kentucky Senate passed a bill March 3 authorizing the licensing of advance deposit wagering companies and a requirement that they report pari-mutuel handle on Kentucky races.
Thursday, March 03, 2011
Average daily handle for 20 live race days in February at Hollywood Casino at Charles Town Races was $1,205,461, which broke the previous record by nearly 12%.
Tuesday, March 01, 2011
Arnold Zetcher, chairman of the Thoroughbred Owners of California, will resign from the board Feb. 16. He has served as chairman for about six months.
Tuesday, February 08, 2011The Hong Kong Jockey Club kicked off its 2011 racing season Feb. 5 with impressive business numbers.
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