Keyword: handle

  • Belmont Park Reports Increase in Handle

    Belmont Park's on-track handle, including simulcasts, increased 4.3% at the recently-concluded 59-day spring/summer Meet, the racetrack announced July 27.

  • Wagering Records Topped at Hollywood Park Meet

    Hollywood Park closed its 63-day spring meet July 15 with a record average in all-sources handle, fueled by increases in on-track and advance deposit wagering, the Inglewood, Calif. racetrack reported.

  • TrackNet Takes Another Shot from Youbet

    Youbet.com directed more criticism at the controversial content alliance of Churchill Downs and Magna Entertainment May 8, with one executive telling analysts during an earnings conference that the partners in TrackNet Media Group "ended up shooting not only themselves, but an entire industry."

  • Tampa Bay Downs Reports Record Handle and Purses

    Steady growth in interstate wagering, total handle and purse payouts highlighted the 81st season of live thoroughbred racing at Tampa Bay Downs, which ended May 6. The Oldsmar, Fla., track also celebrated a record single-day attendance May 5 when a crowd of 11,014 witnessed Tampa Bay Derby (gr. III) winner Street Sense capture the 133rd Kentucky Derby.

  • Wagering Declines During Third Quarter

    Fueled in part by all-source handle declines at such meetings as Del Mar, Arlington Park and Monmouth Park, overall wagering on United States racing in the third quarter of 2006 dropped by nearly $7 million.

  • Officials Discuss International Commingling

    Officials representing virtually every major racing country around the world with pari-mutuel betting have taken the first step toward creating huge pools through international commingling that could revolutionize the sport.

  • On-Track Wagering Up; Off-Track Down at Ellis Park

    Ellis Park posted gains in average daily on-track wagering and attendance for its 36-day meet that ended Sept. 4, its first effort since a tornado damaged the Henderson, Ky., complex last November.

  • Youbet.com Reports Handle Increase Preakness Day

    Youbet.com handled $4.2 million Preakness Stakes (gr. I) day to top last year's same day handle by 18.5%. The May 20 figure is the second-highest in the history of the account wagering service.

  • Ohio Horsemen Say Handle Bump Did Little for Purses

    On the heels of an announcement by Beulah Park officials that the track's winter/spring meet produced an all-time record handle, the Ohio Horsemen's Benevolent and Protective Association claims the success did little for purses.

  • Youbet.com, Louisiana Downs Have Marketing Agreement

    Youbet.com and Harrah's Louisiana Downs have joined forces on a multi-year program that will make the online wagering company the official wagering provider for the Bossier City, La., racetrack.

  • Legislators Schedule Hearing on Internet Gambling

    Lawmakers will tackle the complicated issue of Internet gambling during a two-hour hearing June 2 during a meeting of the National Council of Legislators from Gaming States in Boston.

  • Youbet.com Sets New Handle Record on Derby Day

    Youbet.com, the online wagering company with headquarters in Southern California, handled $5.6 million Kentucky Derby day, May 6, an increase of 34% from 2005 and the highest one-day amount in the history of the company.

  • Handle, Purses Up through First Quarter of 2006

    The National Thoroughbred Racing Association (NTRA) and Equibase Company released the "Thoroughbred Racing Economic Indicators" for United States and Canadian pari-mutuel wagering on U.S. Thoroughbred racing during the first quarter of 2006, as well as for U.S. purses and race days, with prior-year, first-quarter comparisons.

  • Horsemen Eye Legal Action to Recover Revenue

    The National Horsemen's Benevolent and Protective Association may look for ways to pursue legal action to stop signal piracy and recover what they believe is their fair share of revenue from wagering on Thoroughbred racing.

  • 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.

  • Keeneland: On Track Strong, Off Track Down

    Keeneland's spring meet ended April 29 with record total attendance and the second highest on-track mutuel handle in history but a decline in total handle and total daily average handle.

  • 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.

  • Handle Growth Spurs 7% Purse Hike at Tampa

    An increase in handle on its live product had led Tampa Bay Downs to raise purses 7% effective Feb. 15. The daily average--overnight races and stakes--will be $140,000, a record for the track located in Oldsmar, Fla.

  • 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%.

  • Lone Star communications director Darren Rogers gears up for "biggest day in Lone Star history."

    Record Day in Books, Lone Star Set for Championships

    On the heels of a record wagering day, Lone Star Park was set to host its first Breeders' Cup World Thoroughbred Championships with an improved weather forecast and a flurry of activity the morning of the event at the Texas racetrack.