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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.

Total Handle on Breeders' Cup Card Up 2.5%

All-sources handle on the Oct. 29 Breeders' Cup World Thoroughbred Championships at Belmont Park was a record $124,009,593, up 2.5% from the $120,897,141 wagered last year when the event was held at Lone Star Park.

Hurricane Damage Could Impact Cup Handle

Breeders' Cup, already expecting to begin its Oct. 29 World Thoroughbred Championships day $13 million in the hole handle-wise compared with last year, could take an even bigger hit given a lack of established wagering outlets in hurricane-ravaged Florida and Louisiana.

Breeders' Cup Urges Policy on Rebate Shops

Breeders' Cup, faced with a potential decline in handle for this year's World Thoroughbred Championships given the absence of secondary pari-mutuel operators from its pools, is calling for the industry to expedite a policy on rebate shops.

Handle Numbers Mixed at Turfway

Turfway Park reported on-track handle was up 2.1% for its fall meeting while all sources handle declined 11.8% The meet, which was 22 days, was the first to feature the new synthetic Polytrack surface.

Handle Declines, But Purses Remain Steady

Pari-mutuel handle on Thoroughbred racing in the United States and Canada was down 3.8% in the second quarter of 2005, though purses dipped less than 1% for the quarter, according to the latest "Thoroughbred Racing Economic Indicators."

Youbet.com Handle Up 33% on Belmont Day

Youbet.com, the California-based online wagering service, handled $3.4 million June 11, Belmont Stakes (gr. I) day, to bring its three-day Triple Crown total to $9.5 million. In 2003, the last time Youbet.com offered wagering on the Kentucky Derby (gr. I), Preakness Stakes (gr. I), and Belmont, total handle was $6.5 million, the company said.

TVG Sets One-Day, Quarterly Handle Records

TV Games Network, the 24-hour horseracing and interactive wagering network, set a one-day handle record May 7 with $6,397,203 in bets. Wagering on the Kentucky Derby (gr. I) alone was $2,767,545.

Handle, Purses Down in First Quarter of 2005

Total handle on United States Thoroughbred racing in North America, as well as U.S. Thoroughbred purses, were down in the first quarter of 2005 compared with the first quarter in 2004, the National Thoroughbred Racing Association and Equibase said.

Horsemen, Breeders Buy Time, Wait for Slots

With handle in January down about 9% from the same period in 2004, Philadelphia Park said its year-to-date purse overpayment has reached $1.9 million because of a commitment to boost purses while it waits to install slot machines. Meanwhile, the Pennsylvania Horse Breeders Association finished 2004 in the black, but not without some adjustments.

MJC Announces Final 2004 Handle Figures

With eleven fewer racing days than in 2003, the Maryland Jockey Club announced its total handle declined 4% in 2004. All sources handle totaled $868.1 million as compared to $905.7 million from the same period in 2003. The daily average handle from all sources decreased 2% from $3.48 million to $3.41million. For the fourth consecutive year, the daily average handle on the export signal increased, this time by 4%.

Del Mar On-Track Numbers Hold Their Own

Del Mar set a record for total handle during its meet that ended Sept. 8, while on-track business at the Southern California track held its own.

Bonus-Fueled Purses Up Despite Handle Dip

Though pari-mutuel handle on Thoroughbred racing in the United States and Canada dropped slightly in the second quarter of 2004, purses increased 2.86%, according to the National Thoroughbred Racing Association and Equibase.

Handle Up, Purses Down During First Quarter

Total North American handle during the first quarter of the year was up slightly from 2003 despite 45 fewer racing days, but once again purses did not keep pace, according to statistics released Friday by the National Thoroughbred Racing Association and Equibase.

Handle Up at Close of Laurel Meet

Laurel Park closed out its winter meet on March 28 with a 2% gain in all-source handle. All-sources handle totaled $245 million for the 2004 winter meet, compared to $240 million in 2003.

AmericaTab Chief: 'Fragmented Industry' Must Change

The president of a growing account wagering service said handle declines at major winter meets aren't good for racing, and he suggested it's time for a "fragmented industry" to move forward in the best interests of its customers, racetracks, and horsemen.

NTRA Seeks Reasons Behind 2003 Purse Drops

NTRA Seeks Reasons Behind 2003 Purse Drops

The National Thoroughbred Racing Association's Wagering Systems Task Force has enlisted a panel of business experts, including former New York City Mayor Rudy Giuliani, to find out what caused purses to drop in 2003 even though national handle increased.

Double-Digit Gains Galore at Tampa Bay Downs

Tampa Bay Downs continues to make sizable gains in terms of its live signal and on-track attendance, but on-track simulcast revenues are down because of a conflict involving Magna Entertainment Corp. and the New York Racing Association.

Early Numbers Up at Beulah; Sets Single Day Wagering Record

Beulah Park kicked off its first four days of racing in 2004 with a staggering 96% percent increase over the same number of days a year ago. On Monday the track shattered an 81-year-old all time single day pari-mutuel record of $1,554,073.

High Priority

High Priority

By Ray Paulick -- This year-end headline could not have gone unnoticed by anyone operating a racing stable--large or small--or by the leaders of organizations whose mission is to improve the economics of the Thoroughbred industry: 2003 Handle Up Slightly, But Purses Decrease.

AmericaTab Handle Jumps Despite MEC Blackout

Handle through the AmericaTab family of account-wagering services was up almost 90% the first six days of January even though the services weren't permitted to offer betting on Magna Entertainment Corp. racetracks, including premier meets at Gulfstream Park and Santa Anita Park.

AmericaTab Handle Jumps Despite MEC Blackout

Handle through the AmericaTab family of account-wagering services was up almost 90% the first six days of January even though the services weren't permitted to offer betting on Magna Entertainment Corp. racetracks, including premier meets at Gulfstream Park and Santa Anita Park.

Portland Meadows Handle Highest in About 15 Years

Changes in first post time and fuller fields have produced pari-mutuel gains this season for Portland Meadows, which on Dec. 1 cleared the half-million-dollar mark in total handle for a program for the first time in 15 years.

Signaling Trouble

Signaling Trouble

By Ray Paulick -- In an age of telephone and Internet betting and rebates the price of the signal must be re-examined.

TVG BC Day Handle Up 31%

Continuing to build on its increased distribution, TVG's handle on Saturday, the day of the Breeders' Cup World Thoroughbred Championships, was $3,362,026, 31.1% higher than on Breeders' Cup day in 2002.

Cup Sets Handle Records; Ultra Pick 6 Pays $2.6 Million

The 2003 Breeders' Cup World Thoroughbred Championships was a record-setter in terms of handle, both on track at Santa Anita Park and throughout the world via simulcasting. Meanwhile, despite several longshots, there was one winning ticket worth more than $2.6 million in the Breeders' Cup Ultra Pick 6.

Wagering Increases, Purses Fall in Third Quarter

Total wagering during the third quarter of the year increased to $4,007,591,917, a growth of 3.38% over the same quarter last year. Third-quarter purses dipped 4.15%, to $306,800,417. Compared with third-quarter 2002, racing days declined slightly, with a total of 16 fewer days.

Hong Kong Handle Down, But Club Optimistic

Though handle was down for its most recent racing season, the Hong Kong Jockey Club remains optimistic in the wake of product expansion, including wagering on soccer games, the organization's top official said Aug. 28 during the club's annual general meeting.

Numbers Up at Les Bois

Bucking the current industry trend, Les Bois Park finished up its 2003 live racing season with on-track increases for both attendance and total money wagered.

Wagering Up, Purses Down for Second Quarter

Wagering in North America during the second quarter of the year increased 2.52% over the corresponding period in 2002. But, while there were 32 more racing days, purses dropped 1%.

Total Handle Record Set by Stockton Fair

The total amount of money wagered on races at the recently concluded 10-day San Joaquin County Fair meet at Stockton, Calif. increased 10% to a record $16.95 million, officials reported.

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