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.
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.
- By Tom LaMarra
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.
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.
- By Tom LaMarra
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.
The Kentucky House Feb. 27 passed legislation that in part would take revenue from historical race wagering to fund pensions for state workers, but one lawmaker questioned the bill's impact on the horse industry.
Wyoming became the second state to enact wagering on historical races via legislative action and the signature of the governor Feb. 27.
Mountaineer Casino, Racetrack & Resort, which begins its 2013 meet March 1, has been cleared to offer mobile wagering.
The Oregon horse racing and breeding industry is making a push for historical race wagering at Portland Meadows, which last year raced in the summer and fall with mixed results.
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.
- By Tom LaMarra
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.
Legislation authorizing use of mobile devices for betting on horse races was signed into law by New Jersey Gov. Chris Christie Jan. 28.
Wagering on historical races in Kentucky generated more than $3.8 million for purses and the state Thoroughbred Development Fund from September 2011 through December 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.
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.
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%.
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.
Sportech PLC has enhanced its position in the online wagering market by acquiring eBet Online Inc., a California-based provider of technology and services to 20 outlets across North America.
Considering there were 13 fewer race days during the month of November compared to 2011 due to the aftermath of Hurricane Sandy, pari-mutuel handle was down only slightly while purses showed a small increase.
Operators of online racing and sports fantasy games said Dec. 4 the time is now for the horse racing industry to capitalize on them to develop fans and generate new revenue.
Churchill Downs Inc. hopes to improve returns for its already successful online segment while drawing new customers to pari-mutuel wagering with its new on-line wagering site Luckity.com.
- By Tom LaMarra
Racetracks are beginning to implement mobile wagering at their facilities with positive results, but officials said Oct. 3 they don't expect it to chase away tote machines and advance deposit wagering systems.
The Thoroughbred Racing Protective Bureau plans to roll out what it calls the "Tote Security System" in the fall of 2013, officials said Oct. 2.
Horse racing risks the chance of being left behind again if it doesn't position itself to participate in Internet wagering outside the advance deposit wagering arena, officials said Oct. 1.
Sportech Racing said Sept. 12 it has signed a three-year extension of the totalizator services agreement it has with all racetracks, racing fairs, and off-track betting networks in California.
Customers continue to receive letters from TwinSpires.com informing them of an early August security breach that allowed access to basic personal information.
AmWest Entertainment has launched a player-driven wagering website called AmWager.com, the company announced Aug. 1.
Protecting purse revenue from alternative gaming can be as hard, or harder, than winning legislative approval for it, horsemen said June 30 during a National Horsemen's Benevolent and Protective Association roundtable talk.
The Kentucky Court of Appeals has remanded the Instant Racing case to Franklin County Circuit Court after vacating that court's findings.
The Thoroughbred Owners of California June 1 tabled action on exchange wagering for one year and endorsed a deal proposed by The Stronach Group, leading to a strong response from Betfair TVG.
More than $81.95 million was bet through Instant Racing machines at Kentucky Downs from Sept. 1, 2011, through April 30, 2012, according to the latest figures from the Kentucky Horse Racing Commission.
Using the Kentucky Derby Presented by Yum! Brands (gr. I) to make his point, New York Assemblyman Micah Kellner, who represents Manhattan, railed on officials for not moving to offer offtrack betting at bars in New York City.
A dispute between Arlington Park and the Illinois Thoroughbred Horsemen's Association could lead to a simulcast blackout of the Illinois racetrack's signal out of state.
The Kentucky Court of Appeals is expected to issue an opinion on the challenge to Instant Racing machines in four to six weeks, one of three judges said April 25 after hearing oral arguments on the issue.
Georgia voters won't get a chance to decide on pari-mutuel wagering during the November election but supporters say progress is made every year.
Keeneland officials said the Lexington racetrack will be the first in the country to introduce "fractional wagering" and a decimal odds display when the spring meet begins April 6.
A Georgia House of Representatives committee has tabled legislation to authorize pari-mutuel horse racing, meaning there won't be a statewide referendum this year.
- By Tom LaMarra
Unseasonably warm weather in February no doubt contributed to a 7.60% increase in wagering on United States races.
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.
Legislation that would tax pari-mutuel wagers made by Kentucky residents through advance deposit wagering services was approved in committee Feb. 21 and heads to the House of Representatives.
Legislation that would impose an excise tax on advance deposit wagers made by Kentucky residents was introduced in the state House of Representatives Jan. 9.
A bill authorizing small offtrack betting operations in bars and restaurants, and another measure giving Atlantic City Race Course a larger chunk of revenue from casino race books, passed New Jersey legislative committees.
Legislation expanding offtrack betting to a limited number of bars and restaurants will be discussed by New Jersey legislative committees Jan. 5.
Instant Racing at Kentucky Downs produced more than $19.52 million in wagers in its first three months of operation, according to figures from the Kentucky Horse Racing Commission.
Hoosier Park Racing & Casino has invested $3 million in a new off-track wagering facility designed to attract a broader range of customers in downtown Indianapolis.
A Dec. 7 panel discussion on new frontiers in wagering turned into an indictment of the North American racing industry over its failure to innovate and change parochial revenue models.
A test model of the first exchange wagering system proposed for the United States will be demonstrated at the University of Arizona Symposium on Racing & Gaming in Tucson beginning Dec. 6.
Two Florida Quarter Horse Associations late in the day Nov. 30 asked a state court in Tallahassee to issue an emergency motion for a stay that would prevent the scheduled Dec. 1 start of pari-mutuel barrel racing.
Hamilton Downs Horsetrack in Jasper has asked the Florida Division of Pari-Mutuel Wagering for permission to use its Quarter Horse racing permit to hold pari-mutuel barrel racing.
The 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.
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