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BloodHorse.com Articles for "Pari Mutuel Handle"

Indiana Downs Begins Transition Meet

Indiana Downs Begins Transition Meet

Indiana Downs enjoyed a promising start to its 54-day Thoroughbred meet April 25-26, with large crowds and strong wagering. Indiana Downs will offer racing through July 8.

 Monday, April 28, 2008
No Deal Yet Between Calder, Horsemen

No Deal Yet Between Calder, Horsemen

Florida horsemen and officials at Calder Race Course and parent company Churchill Downs Inc. met April 14 but did not agree on contracts for the Calder meet that begins April 21.

 Tuesday, April 15, 2008
Slots Splits Slow Calder Contract Talks

Slots Splits Slow Calder Contract Talks

As Calder Race Course prepares to open its 2008 meet April 21, the question of how to divide any future slot-machine revenue is holding up contract talks between the Miami Gardens, Fla., track and the Florida Horsemen's Benevolent and Protection Association.

 Thursday, April 10, 2008
Turfway Meet Ends With Handle Decline

Turfway Meet Ends With Handle Decline

Turfway Park ended its 2008 winter/spring meet with declines in wagering on its races both on track and from all sources.

 Friday, April 04, 2008
Gulfstream Reports Declines in Handle

Gulfstream Reports Declines in Handle

Gulfstream Park reported its all-sources pari-mutuel handle is down about 5% and on-track handle off 30% year-to-date through early March.

 Monday, March 10, 2008

Wild Weather Brutal for Beulah Park

Rollercoaster weather conditions continue to plague Beulah Park, which canceled live racing March 5. It was the fourth consecutive full or partial card that was canceled, and dates lost during the meet are in the double digits.

 Tuesday, March 04, 2008
Florida-breds Get Gulfstream Boost

Florida-breds Get Gulfstream Boost

Gulfstream Park's $75,000 Shotintheheart Handicap Feb. 14 will be the first of as many as four Florida-bred stakes it will add this season.

 Thursday, February 14, 2008
Hollywood Numbers Generally Up

Hollywood Numbers Generally Up

Overall wagering and on-track attendance at Hollywood Park increased during the 32-day fall meet that ended Dec. 22.

 Friday, December 28, 2007
Turfway Seeks Change in Post Times

Turfway Seeks Change in Post Times

The year 2008 probably will bring some experimentation to Turfway Park, which has asked the Kentucky Horse Racing Authority for permission to switch from evening to daytime racing on Wednesdays and Thursdays during its three-month winter/spring meet.

 Wednesday, December 12, 2007

Role of TV in ADW to Be Examined

The impact of television on account wagering will be watched closely during an experiment in California that began Nov. 7 with the opening of Golden Gate Fields and Hollywood Park.

 Thursday, November 15, 2007
More Dates Sought for Thistledown

More Dates Sought for Thistledown

A controversial plan to shave live racing dates at Thistledown in 2008 could result in the halt of full-card simulcasts at the Cleveland-area racetrack in 2009.

 Tuesday, November 13, 2007
Suffolk Downs Posts On-Track Gains

Suffolk Downs Posts On-Track Gains

Suffolk Downs officials are hoping 2007 was a year the racetrack and the Massachusetts Thoroughbred industry turned yet another corner toward a brighter, stable future.

 Tuesday, November 13, 2007

Field Size an Issue at Delaware

Delaware Park, one of Thoroughbred racing's pioneers in terms of combining racing and video gaming, ended its 2007 meet Nov. 4 with declines in total handle and field size, though purses paid increased about $1 million.

 Thursday, November 08, 2007
Brazilian Bets on Breeders' Cup Considered Success

Brazilian Bets on Breeders' Cup Considered Success

Carnegie Cooke & Co, under its Brazilian brand "betBrasil," reported record pari-mutuel handle for its first simulcast of the Breeders' Cup World Championships.

 Tuesday, October 30, 2007

Kentucky Downs Reports Handle Gains

Kentucky Downs concluded its 2007 meet with its second-highest on-track handle and third-largest total handle in the racetrack's 17-year history, officials said closing day, Sept. 25.

 Wednesday, September 26, 2007
Business Picks Up at Inaugural Presque Isle Meet

Business Picks Up at Inaugural Presque Isle Meet

An increase in field size and familiarity with the product has led to some growth in business at Presque Isle Downs, which began its inaugural meet Sept. 1.

 Friday, September 21, 2007

Jury Still Out on Recent Takeout-Reduction Experiments

An experiment by which the blended pari-mutuel takeout rate at Laurel Park was cut in half proved popular in theory but not at the betting windows. But was it a bust?

 Monday, September 17, 2007
Big Numbers as Racing Returns to Hong Kong

Big Numbers as Racing Returns to Hong Kong

Attendance was up 60% to 63,566 from the corresponding day last year, and handle increased 12.5% to HK$825 million on opening day of the Hong Kong racing season at Sha Tin racecourse.

 Monday, September 10, 2007

Technology, Handle Revenue on Conference Agenda

The 15th International Simulcast Conference in Kansas City, Mo., Sept. 17-19 will focus on the impact of 21st-century technology on the pari-mutuel industry and the wagering routine of North American bettors.

 Saturday, August 25, 2007

Les Bois Park Meet Has Double-Digit Gains

Capitol Racing at Les Bois Park wrapped up its 46-day live racing season Aug. 11 with double-digit increases in on-track attendance and handle.

 Friday, August 17, 2007
Saratoga Going Strong After Third Week of Meet

Saratoga Going Strong After Third Week of Meet

Attendance, on-track handle, and all-sources handle remain up through three weeks of the Saratoga meet when compared with figures for the comparable period in 2006, the New York Racing Association announced Aug. 13.

 Monday, August 13, 2007
Quick Start Out of the Gate for Saratoga

Quick Start Out of the Gate for Saratoga

The Saratoga meet got a quick jump out of the gate, with the New York Racing Association reporting a 14% increase in attendance and double-digit increases in handle during the first six days of the session.

 Tuesday, July 31, 2007

Laurel Cuts Meet Takeout to 10% Across the Board

In a program billed "Ten Days at 10 Percent -- Racing's Best Bet," pari-mutuel takeout on Maryland's live races will be cut in half during Laurel Park's 10-day summer meet that runs from Aug. 10-23.

 Wednesday, July 18, 2007

Purses, Handle Up Slightly in Second Quarter

Purses and pari-mutuel handle were up slightly in the second quarter of this year compared with the same period in 2006.

 Tuesday, July 17, 2007
Indiana Downs Posts 28% Hike in Total Handle

Indiana Downs Posts 28% Hike in Total Handle

Indiana Downs reported handle growth during its 2007 Thoroughbred meet, including a 28.71% increase in total wagering on the live product. Total handle has more than doubled since 2005.

 Thursday, July 12, 2007

Slots Fuel 20% Purse Increase at Philly Park

Revenue from slot machines will allow Philadelphia Park Casino & Racetrack to raise purses 20% beginning with the July 14 program at the Pennsylvania track.

 Thursday, July 05, 2007

Fair Grounds, Slots Bump Purses, But Handle Drops

A lucrative meet at Fair Grounds and the advent of slot machines at race meets in Florida and Pennsylvania fueled a 13% hike in purses for the first quarter of 2007, but handle was down.

 Wednesday, May 09, 2007

Business Spikes at Arlington Park for Opening Weekend

Arlington Park reported a 25% increase in handle and a healthy jump in attendance for its opening weekend this year.

 Wednesday, May 09, 2007

Virginia Approves CDI Account Wagering Application

An application by twinspires.com, the new Churchill Downs Inc.-owned account wagering service, was approved by the Virginia Racing Commission.

 Wednesday, April 18, 2007

Report Suggests New York Racing Needs Reform

A new report by the New York Senate Committee on Racing, Gaming, and Wagering lists the top 10 problems in horse racing in the state and solutions for them.

 Wednesday, April 04, 2007

Thoroughbred Purses, Handle Increase in 2006

Purses and handle on Thoroughbred racing in the United States increased 3.3% and 1.5%, respectively, in 2006

 Tuesday, January 16, 2007

TVG Sets Breeders' Cup Day Handle Record

TVG processed a record-setting $6,708,450 in wagers, including $4,815,799 in wagering on the eight Breeders' Cup World Championships events, Nov. 4 from Churchill Downs.

 Tuesday, November 07, 2006

New Jersey Betting Outlets Post Breeders' Cup Gains

The Breeders' Cup simulcast helped trigger a record day for New Jersey Account Wagering and increased wagering at both Meadowlands and Monmouth Park.

 Monday, November 06, 2006

Keeneland Sets Fall Meet Attendance Record

Keeneland officials reported an all-time fall meet attendance record of 28,880 Saturday, the second day of the Lexington racetrack's meet. The figure topped the previous record of 27,788, set Oct. 14, 1989.

 Saturday, October 07, 2006

Mixed-Meet Handle Up; 2007 Schedule Debated in Iowa

The mixed meet at Prairie Meadows Racetrack & Casino experienced a 12.5% increase in overall betting per day, but a 4.6% drop in on-track wagering.

 Monday, September 11, 2006

Del Mar Handle, Attendance Dip From Last Season

Del Mar officials said the second half of the Southern California racetrack's 43-day meet helped offset on-track declines caused by unusual heat and humidity early in the season.

 Thursday, September 07, 2006

Youbet .com Reports Strong Gain in Net Income

On the heels of increased revenue growth from International Racing Group, Youbet.com reported a record second-quarter net income of $2.2 million for the period that ended June 30. The figure is up from $1.3 million in the second quarter of 2005.

 Thursday, August 03, 2006

U.S. Handle Stable, Purses Up During Second Quarter

Pari-mutuel handle increased 0.56% to slightly more than $4 billion during the second quarter of 2006, compared with $3.99 billion during same period in 2005, according to information released Monday.

 Monday, July 24, 2006

River Downs, Thistledown Combine on Record Day

River Downs and Thistledown combined July 6 for what is believed to be an all-time one-day Thoroughbred handle record for the state of Ohio.

 Tuesday, July 11, 2006

Youbet.com Reports Handle Increase Preakness Day

Youbet.com handled $4.2 million Preakness Stakes (gr. I) day to top last year's same day handle by 18.5%. The May 20 figure is the second-highest in the history of the account wagering service.

 Wednesday, May 24, 2006

Ohio Horsemen Say Handle Bump Did Little for Purses

On the heels of an announcement by Beulah Park officials that the track's winter/spring meet produced an all-time record handle, the Ohio Horsemen's Benevolent and Protective Association claims the success did little for purses.

 Tuesday, May 23, 2006

Beulah Park Sets All-Time Handle Record

Beulah Park in Grove City, Ohio, set an all-time handle record during its 75-day winter/spring meet that spanned Jan. 7-May 6.

 Friday, May 12, 2006

TVG Reports Total Handle Gain of 18% on Derby Day

TV Games Network set a one-day handle record of $7,555,958 Kentucky Derby day, May 6. The amount was up 18% from Derby day in 2005.

 Tuesday, May 09, 2006

Youbet.com Sets New Handle Record on Derby Day

Youbet.com, the online wagering company with headquarters in Southern California, handled $5.6 million Kentucky Derby day, May 6, an increase of 34% from 2005 and the highest one-day amount in the history of the company.

 Tuesday, May 09, 2006

Betfair Official Says U.S. Racing Could Make Millions

Betfair, the rapidly growing exchange-wagering provider based in Great Britain, believes it could provide up to $50 million in new revenue for itself, racetracks, and horsemen by 2008 should it be permitted to operate in the United States.

 Friday, May 05, 2006

Bill Would Give Illinois Racing More Than $50 Million a Year

Legislation that would funnel more than $50 million a year to the Illinois racing industry cleared a House committee March 1, but it failed to win enough support after a third reading March 3.

 Friday, March 03, 2006

Despite Loss of Holiday Weekend, Oaklawn Hikes Purses

Oaklawn Park raised overnight purses $700 per race effective March 1 because of an increase in Instant Racing revenue and overall handle.

 Wednesday, March 01, 2006

Tampa Bay Downs Continues to Show Growth

Continuing a trend that began several years ago, on-track and total handle, as well as daily average overnight purses, at Tampa Bay Downs showed solid gains when the Florida racetrack hit the midpoint of its 2005-06 season the week of Feb. 20.

 Wednesday, February 22, 2006

Winter Meets Benefit From Business Gains

Beulah Park set an all-time one-day handle record, while Turfway Park has increased purses because of business gains.

 Friday, January 20, 2006

TVG Sets Quarterly Handle Record of $119.8M

TV 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, 2005
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