Keyword: pari-mutuel handle

  • KY House Passes BC Tax Break Legislation

    Legislation that would provide a pari-mutuel tax break during the two-day Breeders' Cup World Championships at Keeneland this fall passed the Kentucky House of Representatives by a vote of 80-11 March 2.

  • NJ Track Calls for End to Simulcast Impasse

    Meadowlands, which contracts with Monarch Content Management to negotiate host fees for its signal, issued a statement Feb. 27 on the ongoing dispute that is blacking out its signal from 23 racetracks.

  • Tampa Bay Downs

    Tampa Reports 10% Hike in All-Sources Handle

    All-sources pari-mutuel handle is up 10.3% year-to-date at Tampa Bay Downs, which puts the Florida racetrack on course to average more than $4 million per day and finish with its highest wagering total since the 2010-11 meet.

  • Itsaknockout (right) won the 2015 Fountain of Youth via DQ.<br><a target="blank" href="http://photos.bloodhorse.com/AtTheRaces-1/At-the-Races-2015/i-tjfp7bG">Order This Photo</a>

    Handle-Wise, Gulfstream Has One of Best Days

    Gulfstream had all-sources pari-mutuel handle of $20,583,598 for its 12-race Fountain of Youth Stakes (gr. II) card Feb. 21, its second-best wagering total on a non-Florida Derby (gr. I) day since it opened its new facility.

  • Mike Rogers of Stronach Group offering industry insights during the National Horsemen's Benevolent and Protective Association winter convention.

    Stronach Group Addresses Fundamental Issues

    The Stronach Group remains optimistic about the future of the horse racing industry in North America and will continue to push for what it believes are fundamental structural changes needed to move the business forward.

  • NTRA Meets With Treasury on Withholding Taxes

    National Thoroughbred Racing Association officials met with a representative of the United States Department of Treasury Jan. 28 to discuss the racing industry's efforts to alter the pari-mutuel withholding tax structure.

  • Simulcast Group Questions Characterization

    A war of words in a dispute between two cooperatives that negotiate simulcast fees continued Dec. 8 when the MidAtlantic Cooperative, which represents 23 racetracks, said Monarch Content Management misstated facts.

  • Instant racing machines at Ellis Park.

    Historical Racing Bets Up in October in KY

    Historical race wagering at two Kentucky racetracks registered healthy increases in October versus the same month in 2013, according to statistics released by the Kentucky Horse Racing Commission.

  • Turfway Park

    Turfway to Break From Gate With Full Fields

    Officials at Turfway Park, which begins its four-month run of live racing Dec. 1, are hoping response at the entry box for the first two programs continues through December and into next year.

  • BC Helps Boost Wagering Numbers for October

    The Friday, Oct. 31, program of the Breeders' Cup World Championships helped lead to a 2.72% increase in total commingled pari-mutuel handle on United States racing in October compared with the same month in 2013.

  • Mustajeeb - Breeders' Cup 2014

    BC Hoping Full Fields Carry Handle Numbers

    After a 10.49% increase in total pari-mutuel handle in 2013 compared with 2012, Breeders' Cup officials are hoping for more gains this year. But they'll have to come in another year of depressed wagering.

  • Delaware Park

    Handle Down at Challenged Delaware Park Meet

    Delaware Park officials reported a decline in pari-mutuel handle for the 2014 racing season that ended Oct. 22 but said they will continue to explore ways to strengthen the product in a gambling-congested Mid-Atlantic region.

  • Pari-Mutuel Handle Down 10.5% for September

    Wagering on United States Thoroughbred races for September was down 10.55% from the corresponding month in 2013, according to the Thoroughbred Racing Economic Indicators released by Equibase Oct. 4.

  • Oversight Board Reviews NYRA Finances

    California Chrome may have lost the Belmont Stakes (gr. I), but the potential for a Triple Crown winner helped to drive up the New York Racing Association's overall pari-mutuel handle in the first half of 2014.

  • Handle, Purses, Race Days Down in July

    Equibase reports pari-mutuel wagering on United States Thoroughbred races in July was down 3.47% and purses fell 5.67% from the same month a year ago with 13 fewer race days.

  • U.S. Wagering Up Less Than 1% for May

    Though boosted by major racing days May 2-3 and a fifth Saturday in the month, worldwide commingled wagering on United States Thoroughbred races increased only 0.92% for May versus the same month in 2013.

  • Lawmakers Back Change in Withholding Taxes

    The NTRA said June 3 members of Congress have asked the U.S. Department of Treasury to clarify regulations on the taxing of pari-mutuel wagers. The trade organization also is asking bettors to support an online petition.

  • Handle on U.S. Races Down 3.08% Through April

    A decline in commingled pari-mutuel handle on United States racing in April versus the same month last year left total wagering down 3.08% for the first four months of 2014, according to Equibase statistics.

  • Derby Day Handle Up, Weekly Betting Down

    Churchill Downs reported a 1.08% increase in all-sources wagering for this year's Kentucky Derby (gr. I) program May 3, but an overall 1.81% decrease in total pari-mutuel handle for the six days that make up Derby week.

  • Churchill Downs

    Churchill Downs to Increase Takeout Rates

    In what it says is an effort to maintain daily purses and its stakes schedule, Churchill Downs plans to increase its takeout rate on win, place, and show bets as well as exotic wagers in 2014.