Purses

News, Articles, Videos and other content about Purses

ADW Deals Reached on Calder, Gulfstream

  • News
ADW Deals Reached on Calder, Gulfstream

The Florida Horsemen's Benevolent and Protective Association said Dec. 22 it has reached agreements on advance deposit wagering contracts with Calder Race Course and Gulfstream Park.

Remington Park: Purses Up, Handle Down

Remington Park: Purses Up, Handle Down

Remington Park in Oklahoma recently completed its 20th season of Thoroughbred racing with a record purse disbursement and increased attendance, but followed national trends with a decline in most wagering statistics.

Deal Averts 'Immediate Disaster' in Ohio

Deal Averts 'Immediate Disaster' in Ohio

Racetrack management and horsemen in Ohio struck an agreement Dec. 16 that will reinstate more than 160 Thoroughbred racing dates at Beulah Park and River Downs in 2009, and save more than 1,000 horses at Beulah Park from being forced out of the track's stable area by Dec. 27.

Breeders' Cup Reverses; Will Fund Stakes

Breeders' Cup Reverses; Will Fund Stakes

Five days after it announced it was suspending its North American Stakes program, Breeders' Cup apparently has reversed itself and decided to fund the program for 2009, according to two members of its board.

KY Task Force Cites Urgency of Action

KY Task Force Cites Urgency of Action

Kentucky horse racing and breeding industries are losing ground to other states, and if immediate action is not taken to stem the tide, the state could find itself in jeopardy of losing one of its signature industries, according to a 70-plus-page document released Dec. 15 by the Governor's Task Force on the Future of Horse Racing.

Record Purses for Steeplechase Season

  • News

The 2008 National Steeplechase Association season, which came to a close Nov.29 with the inaugural Palm Beach race meet, set new highs in total and average purses.

Total Handle, Purses Decline in November

Total Handle, Purses Decline in November

Wagering on Thoroughbred races fell almost 10% in November compared with November 2007, Equibase reported Dec. 3 in its monthly "Thoroughbred Racing Economic Indicators." Purses dropped more than 2%, but race days increased more than 5%.

Instant Racing Called Quick Fix for Ohio

A study released by Ohio State Racing Commission offers a short-term action plan and a long-term strategy for the struggling horseracing industry in the Buckeye State, but one racetrack official said the quickest fix lies with the pen of Gov. Ted Strickland.

Racing, Gaming Clash in NJ Purse Dispute

An ugly dispute over purse supplements for a New Jersey harness track could have long-term ramifications as officials devise a plan for the future of horse racing in the Garden State, and it also sheds light on the complications that can arise when racing and gaming are linked.

Without ADW Deal, Horses May Get Boot

About 1,000 Thoroughbreds could be forced to leave the grounds of Beulah Park by the end of this year if the racetrack and horsemen's association don't have a deal for advance deposit wagering revenue in place by Nov. 21, the day the Ohio State Racing Commission will award racing dates for 2009.

Illinois, Oregon Horsemen Join THG

  • News

The Illinois Thoroughbred Horsemen's Association, which represents owners and trainers at Arlington Park and Hawthorne Race Course, and the Oregon Horsemen's Benevolent and Protective Association, comprised of horsemen competing at Portland Meadows, have voted to join the Thoroughbred Horsemen's Group.

Evangeline Downs Reports Record Gains

Evangeline Downs Racetrack and Casino's recently concluded 2008 spring/summer Thoroughbred season posted all-time highs in average nightly handle, single-night handle, average field size, and purse distribution for the 84-night meet.

'Realities' Force Calder Date Cuts

'Realities' Force Calder Date Cuts

Calder Race Course has asked the Florida Division of Pari-Mutuel Wagering for permission to hold live racing four days a week, rather than five, during 11 weeks beginning Sept. 1.

PA Report: Purses Up, Handle Share Down

PA Report: Purses Up, Handle Share Down

Total purses earned at Pennsylvania racetracks jumped 162% from 2006 to 2007 because of revenue from on-track slot machines, while the percentage of purses earned from pari-mutuel wagering dropped substantially during the same period, according to the Pennsylvania Gaming Control Board's first "benchmark report" on the impact of slots on pari-mutuel wagering.

Handle Down, Purses Up in Second Quarter

Pari-mutuel handle took a hit but purses gained a bit in the second quarter of 2008, according to the "Thoroughbred Racing Economic Indicators" for United States and Canadian pari-mutuel wagering on U.S. Thoroughbred racing.

THG to Racetracks: Let's Meet on ADW

The Thoroughbred Horsemen's Group is calling for a meeting with the Thoroughbred Racing Associations to discuss advance deposit wagering revenue given ongoing conflict between horsemen, racetracks, and ADW providers over equitable revenue splits.

Horsemen Say Calder Issues Resolved

The Florida Horsemen's Benevolent and Protective Association announced July 5 it has reached an agreement with Churchill Downs Inc. on purses and slot machine revenue for Calder Race Course. If the contracts are signed, Calder could export its July 12 "Summit of Speed" program to tracks around the country.

Most Popular Stories