Pari Mutuel Handle

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HANA Targets Takeout Hike, Wants Panel Formed

The Horseplayers Association of North America is calling for reversal of a pari-mutuel takeout increase in California as well as creation of a gambling board that would advise the California Horse Racing Board.

Evans: Optimism, But Not Without Changes

Evans: Optimism, But Not Without Changes

Churchill Downs Inc. president and chief executive officer Bob Evans said Dec. 7 there are reasons to be optimistic about the future of horse racing -- but not without major changes in the way the industry does business.

Handle Down, But Decline Not as Severe

Handle Down, But Decline Not as Severe

Total pari-mutuel handle on United States racing through September 2010 was about $700 million behind the figure for the same period in 2009, according to the latest Thoroughbred Racing Economic Indicators.

TRA Report Reflects Purse Revenue Trends

TRA Report Reflects Purse Revenue Trends

Revenue from alternative forms of gaming now accounts for almost one-third of total Thoroughbred purses in United States, but despite a decrease in handle, the percentage of handle that goes to purses has remained steady.

Youbet.com Reports Small First-Quarter Loss

Youbet.com reported a small loss for the first three months of 2010, noting there would have been a similar gain if not for $1 million in expenses tied to its impending merger with Churchill Downs Inc.

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