Pari Mutuel Wagering

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Split Decision in Instant Racing Ruling

The Kentucky Supreme Court has ruled the state's horse racing commission has the statutory authority to allow wagering on historical racing, but questions about taxation will require further action in circuit court.

October Handle Increases 8.3% From 2012

October Handle Increases 8.3% From 2012

Despite 25 fewer racing programs, commingled wagering on United States races increased 8.3% in October versus the same month in 2012, according to the Thoroughbred Racing Economic Indicators.

Projections Indicate Fewer Races a Necessity

Projections Indicate Fewer Races a Necessity

By 2016 the number of starters in Thoroughbred races is projected to be about 39% less than it was in 2003 based on Equibase statistics discussed Oct. 8 during the International Simulcast Conference in Lexington.

Wagering, Purses Have Healthy August

Wagering on United States races was strong in August, with a 4.69% increase from the same month in 2012, according to the Thoroughbred Racing Economic Indicators released by Equibase Sept. 4.

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.

Kentucky ADW Tax Clears House Committee

The Kentucky House Appropriations and Revenue Committee passed legislation authorizing a tax on advance deposit wagering Feb. 12, but it remains to be seen if all parties agree on the language in the measure.

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.

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