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Handle Up Slightly, Purses Drop in April

Wagering on United States racing in April registered a small year-over-year gain, but purses were down from April in 2012, according to the Thoroughbred Racing Economic Indicators released by Equibase May 5.

 Sunday, May 05, 2013

Export Handle Fuels Charles Town Record

Hollywood Casino at Charles Town Races set another pari-mutuel handle record in April when it reported average daily handle of $1,367,336, up 1% from the same month in 2012.

 Friday, May 03, 2013
Questions Linger for 2013 Woodbine Meet

Questions Linger for 2013 Woodbine Meet

After a year of uncertainty due to the cancellation of the Ontario slots-at-racetracks program, Woodbine is set to begin its 133-day Thoroughbred meet April 20.

 Friday, April 19, 2013
Average Daily Handle Down 4% at Turfway Meet

Average Daily Handle Down 4% at Turfway Meet

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.

 Friday, April 12, 2013
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.

 Thursday, April 04, 2013

In Ohio, Transition Brings Complications

As the first Thoroughbred track in Ohio prepares to open its video lottery terminal facility, purses are up. But some longtime horsemen in the state are on a waiting list for stalls.

 Tuesday, April 02, 2013

Handle on Live Pennsylvania Races Up 12%

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.

 Wednesday, March 27, 2013

Kansas Bill Designed to Get Tracks to Reopen

Legislation creating the Kansas Agriculture Opportunity Act would lower the tax rate on electronic gaming machines in an effort to get racetracks to install them, and also increase the amount of revenue for purses.

 Tuesday, March 26, 2013
Registered Mares in Minnesota Up by 77%

Registered Mares in Minnesota Up by 77%

A 2012 agreement that will pump $75 million into purses at Canterbury Park over 10 years continues to have a positive impact on the racing and breeding industry in the state.

 Thursday, March 21, 2013

Handle, Purses, Race Days Decline in February

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.

 Monday, March 04, 2013

Delaware Moves on Online Gaming at Racetracks

The Delaware Lottery has issued a request for proposal for its planned Internet gaming system, and the racing industry is negotiating a revenue split with the state and racetrack casinos.

 Thursday, February 14, 2013
Keeneland Raises Purses for Spring Meeting

Keeneland Raises Purses for Spring Meeting

Keeneland will increase purses for overnight (non-stakes) races for the upcoming 2013 spring race meeting -- highlighted by notable increases for maiden and allowance races for horses 3-year-olds and up.

 Tuesday, February 12, 2013

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.

 Monday, February 04, 2013

Canterbury, Prairie Partner on State-Breds

Prairie Meadows Racetrack & Casino in Iowa and Canterbury Park in Minnesota are joining forces to offer more racing opportunities for state-bred runners via joint restricted races.

 Wednesday, January 30, 2013
Mountaineer Meet to Begin with 10% Purse Hike

Mountaineer Meet to Begin with 10% Purse Hike

Overnight purses will increase 10% when Mountaineer Casino, Racetrack & Resort begins its almost 10-month racing season March 1.

 Wednesday, January 30, 2013
No Down Time at Turfway Park in February

No Down Time at Turfway Park in February

Turfway Park has decided to race four additional days in February, meaning there will be continuity for the duration of its winter/spring meet.

 Wednesday, January 23, 2013
KY Historical Race Wagering Now at $228M

KY Historical Race Wagering Now at $228M

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.

 Wednesday, January 23, 2013

MJC Tracking Horsemen's Out-of-Town Starts

The Maryland Jockey Club has put horsemen on notice regarding the shipping of horses to race at other tracks in the region.

 Thursday, January 17, 2013

Handle, Purses Down at Delaware Park in 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.

 Thursday, January 17, 2013
Canterbury Park Purses Continue to Increase

Canterbury Park Purses Continue to Increase

Canterbury Park's first condition book for 2013 shows yet another increase in purses, with about $12 million to be paid out during its Thoroughbred and Quarter Horse meet.

 Tuesday, January 15, 2013
Total Handle Up for First Time Since 2006

Total Handle Up for First Time Since 2006

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.

 Saturday, January 05, 2013

Handle, Purses Increase at Penn National

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%.

 Thursday, January 03, 2013
Charles Town Reports Handle Records for 2012

Charles Town Reports Handle Records for 2012

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.

 Saturday, December 29, 2012
Turfway Purses to Increase Beginning Jan. 1

Turfway Purses to Increase Beginning Jan. 1

Turfway Park is following through with its plan to increase purses across the board when its winter/spring meet begins Jan. 1, 2013. The new condition book at the Kentucky racetrack reflects increases of 13% to about 35%.

 Saturday, December 22, 2012

Non-Track Casino Funds Approved for OH Racing

The Ohio State Racing Commission Dec. 13 approved the distribution of more than $1.77 million in revenue racing has received from non-track casinos in the state.

 Thursday, December 13, 2012

Hurricane Sandy Impacts Economic Indicators

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.

 Wednesday, December 05, 2012
Canterbury Adds Dates, Will Increase Purses

Canterbury Adds Dates, Will Increase Purses

Canterbury Park will offer a 69-day Thoroughbred and Quarter Horse meet in 2013, and purses will increase 25% from 2012 levels, officials said.

 Friday, November 16, 2012
Key Economic Indicators Declined in October

Key Economic Indicators Declined in October

With the number of U.S. race days in October down 7.86% from the comparable month a year ago, wagering on U.S. races fell 8.79%, according to the Thoroughbred Racing Economic Indicators from Equibase Company.

 Monday, November 05, 2012
Ontario Report: Changes Ahead for Racing

Ontario Report: Changes Ahead for Racing

Cutting the number of Thoroughbred race dates in Ontario and reducing purses are some of the recommendations put forth by the government commissioned Horse Racing Transition Panel in a final report released Oct. 30.

 Wednesday, October 31, 2012
Another Solid Month for U.S. Wagering, Purses

Another Solid Month for U.S. Wagering, Purses

Racing continues to show some growth in 2012. In September, handle on U.S. races improved 2.6% and purses were up 13.77%.

 Thursday, October 04, 2012
Without Kentucky Cup, Turfway Handle Down

Without Kentucky Cup, Turfway Handle Down

Turfway Park struggled to fill fields early in the meet and missed a big-handle day in the Kentucky Cup Day of Champions as handle and purses fell at the fall meet.

 Thursday, October 04, 2012
Del Mar Adds $1.46 Million in Retro Pay

Del Mar Adds $1.46 Million in Retro Pay

Del Mar's horsemen earned an extra 10% payment on top of already record-breaking purse payouts as final figures became available for the track's 2012 summer racing season.

 Tuesday, September 18, 2012
Handle, Purses Up Double Digits in August

Handle, Purses Up Double Digits in August

Aided by an increase in race days, pari-mutuel handle and purses in August registered the largest gains in recent memory, according to the Thoroughbred Racing Economic Indicators released Sept. 5.

 Wednesday, September 05, 2012
Laurel Park Meet Features More Money, Stakes

Laurel Park Meet Features More Money, Stakes

Laurel Park will begin a 69-day meet Sept. 5 with average daily purses of $240,000 and an expanded stakes schedule.

 Wednesday, September 05, 2012
Woodbine Seeks to Cut 11 Racing Days

Woodbine Seeks to Cut 11 Racing Days

Citing uncertainty due to the scheduled end of its slots-at-racetracks program in March 2013, Woodbine has submitted a request to the Ontario Racing Commission to cancel 11 Thoroughbred Thursday afternoon programs.

 Tuesday, August 28, 2012
Oaklawn Purses Will Total Nearly $20 Million

Oaklawn Purses Will Total Nearly $20 Million

Oaklawn Park's 2013 live meeting will be the richest in the Arkansas track's 109-year history. Purses will total close to $20 million during the 56-day season, Jan. 11-April 13.

 Tuesday, August 21, 2012

July Pari-Mutuel Handle, Purses Decline

Pari-mutuel handle remained slightly ahead of last year even though it was down 7.37% in July when compared with the same month in 2011, according to the Thoroughbred Racing Economic Indicators released by Equibase.

 Monday, August 06, 2012
Saratoga Purses Up for First Condition Book

Saratoga Purses Up for First Condition Book

Saratoga Race Course has released its first 2012 condition book, and it shows a substantial increase in purses.

 Tuesday, July 03, 2012
Protecting Gaming Purse Funds a Challenge

Protecting Gaming Purse Funds a Challenge

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.

 Saturday, June 30, 2012

Indiana Downs Gets OK to Resume Live Racing

Indiana Downs got the go-ahead to resume training June 16 and live racing June 18 after the Indiana Horse Racing Commission ruled horsemen's assertions the dirt surface is unsafe were "unfounded and uncorroborated."

 Friday, June 15, 2012
Canterbury Hikes Purses, Adds Turf Derby

Canterbury Hikes Purses, Adds Turf Derby

Canterbury Park raised purses 35% and added a $150,000 stakes after the Minnesota Racing Commission approved a purse and marketing pact between the racetrack and the Shakopee Mdewakanton Sioux Community.

 Friday, June 15, 2012
Deal Would Give Canterbury $75M for Purses

Deal Would Give Canterbury $75M for Purses

Canterbury Park Holding Corp. and the Shakopee Mdewakanton Sioux Community struck a 10-year "cooperative marketing agreement" by which the tribe will funnel $75 million in purses to the Minnesota racetrack.

 Monday, June 04, 2012
PA Gaming Report Examines Revenue for Purses

PA Gaming Report Examines Revenue for Purses

Slot machine revenue for purses increased by more than $19 million at six Pennsylvania racetracks in 2011, while pari-mutuel handle and the revenue it produces for prize money continued to drop.

 Monday, June 04, 2012
Suffolk Downs, Horsemen Agree on Contract

Suffolk Downs, Horsemen Agree on Contract

After months of wrangling over minor details in the contract for the 2012 live meet that begins June 2, Suffolk Downs and the New England Horsemen's Benevolent and Protective Association have reached an agreement.

 Wednesday, May 09, 2012

Finger Lakes Ready for 50th Racing Season

Finger Lakes Casino & Racetrack in western New York will celebrate its 50th year of Thoroughbred racing with a 163-day meet that begins April 20.

 Thursday, April 19, 2012
Presque Isle Adds Barns for Upcoming Meet

Presque Isle Adds Barns for Upcoming Meet

Presque Isle Downs & Casino now has 668 stalls after building two 48-stall barns in advance of its 2012 meet, officials said April 17.

 Wednesday, April 18, 2012
Purses, Handle Show Solid March Gains

Purses, Handle Show Solid March Gains

Purses and pari-mutuel handle on Thoroughbred races continued a solid rebound in March with a slight increase in race days, according to the Thoroughbred Racing Economic Indicators released by Equibase.

 Wednesday, April 04, 2012
Worries Ahead as 2012 Woodbine Season Begins

Worries Ahead as 2012 Woodbine Season Begins

A 167-day meet at Woodbine in Ontario, Canada, is set to begin April 6, but the lingering slots-at-racetracks issue could make the 2012 meet the last one of its kind.

 Wednesday, April 04, 2012
Keeneland Optimistic Amid Competitive Forces

Keeneland Optimistic Amid Competitive Forces

Keeneland will begin its spring meet April 6 with full fields and quiet optimism in what has become a very competitive Thoroughbred racing environment in terms of purse money and horse population.

 Tuesday, April 03, 2012
Turfway Reports Handle, Field Size Down

Turfway Reports Handle, Field Size Down

All-sources pari-mutuel handle on Turfway Park races during its winter/spring meet dropped 11.2%, while ontrack handle on live racing was down 16.5%, track officials said April 2.

 Monday, April 02, 2012
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