The Maryland Jockey Club reported average daily pari-mutuel handle on live racing was up 4.1% in 2013 versus 2012 thanks to growth in export wagering. Purses, meanwhile, continued to increase in Maryland.
Hollywood Casino at Penn National Race Course posted a record daily average pari-mutuel handle for its 197-night meet in 2013, a track official said Dec. 30.
With New Year's Eve approaching, it's time for Gulfstream Park and Calder Casino & Race Course to fire the first shots in their next battle over racing dates.
The Ohio State Racing Commission Dec. 19 postponed granting a new racetrack gaming facility a 2014 racing permit because its owners have decided not to have pari-mutuel clerks for live or simulcast racing.
Buoyed by an 11% increase in total commingled pari-mutul handle for the Breeders' Cup World Championships, wagering on U.S. races improved 4.37% in November compared with the same month last year.
New York Gov. Andrew Cuomo has signed legislation to create a statewide standard for rebate programs at racetracks and off-track betting corporations.
- By Tom LaMarra
Despite 25 fewer racing programs, commingled wagering on United States races increased 8.3% in October versus the same month in 2012, according to the Thoroughbred Racing Economic Indicators.
Strong wagering on Nov. 2 fueled an 11% increase in total commingled pari-mutuel handle for the two-day Breeders' Cup World Championships at Santa Anita Park, according to figures released by the organization.
Breeders' Cup reported that total commingled pari-mutuel handle for its Nov. 1 program at Santa Anita Park on Friday was up 8% from 2012.
When the overnight sheets for Nov. 1-2 at Santa Anita Park were released, Breeders' Cup officials couldn't help but be satisfied. And they're hoping it means strong pari-mutuel wagering on this year's World Championships.
Despite 12 fewer live racing days, all-sources pari-mutuel handle during the Delaware Park meet was only down about $1.5 million, while average daily handle increased 13.2%.
As the Breeders' Cup World Championships approaches its 30th edition, some things have become standard from an operations perspective, while others continue to change. As questions are answered, new ones are asked.
Pari-mutuel takeout rates and other issues were discussed during a lightly attended meeting of the New York State Racing Fan Advisory Council Oct. 19 at Belmont Park.
Racing executives indicated Oct. 9 there is little chance of the Thoroughbred racing industry developing a comprehensive analysis of lower pari-mutuel takeout rates.
- By Tom LaMarra
By 2016 the number of starters in Thoroughbred races is projected to be about 39% less than it was in 2003 based on Equibase statistics discussed Oct. 8 during the International Simulcast Conference in Lexington.
Upgrading the on-site customer experience, be it for live horse racing or full-card simulcasts, is critical to the growth of the business, panelists said Oct. 7 on the first day of the International Simulcast Conference.
Portland Meadows in Oregon concluded its short summer meet Sept. 29 with substantial increases in pari-mutuel handle.
Tampa Bay Downs finished first again in August in Florida for host-track revenue on import simulcasts, and it appears that questions about the track's year-round eligibility for host status will remain unresolved for now.
Assiniboia Downs ended its 60-day season of live racing Sunday, Sept. 22 with a 6.74% increase in wagering by bettors outside of the province.
- By Tom LaMarra
Wagering on United States races was strong in August, with a 4.69% increase from the same month in 2012, according to the Thoroughbred Racing Economic Indicators released by Equibase Sept. 4.
Compared with 2012, average all-sources handle declined 17% at the recently completed Ellis Park summer meet, a decrease the track attributes to new competition and fewer off-track outlets in the state.
The New York Racing Association reported net income of $8.2 million for the first six months of 2013, up 2% from the same period in 2012 because of an increase in video lottery terminal revenue and a decrease in expenses.
Saratoga Race Course reported gains in pari-mutuel handle and attendance for its Aug. 24 Travers Stakes (gr. I) program.
Southeast Florida began its fourth head-to-head racing weekend July 27 with Gulfstream holding an almost 2-1 edge in pari-mutuel handle and Calder rejecting speculation it might soon cancel racing dates.
The first weekend showdown between Calder Casino & Race Course and Gulfstream Park had both tracks claiming some wagering success.
Seven more live racing dates during the spring meet at Pimlico Race Course led to an increase in total pari-mutuel handle, but the daily average declined, the Maryland Jockey Club reported June 11.
The inaugural $500,000 Penn Mile June 1 helped Penn National Gaming Inc. continue a trend of sharp gains in pari-mutuel handle on "big event" programs at the company's racetracks.
The Oregon Senate May 23 passed legislation authorizing Portland Meadows to install historical racing machines. The measure now goes to the governor for his consideration.
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.
A New York lawmaker May 4 said he will introduce legislation authorizing off-track betting at New York City bars that offered it before New York City Off-Track Betting Corp. went bust and closed in 2010.
Churchill Downs set a record for its May 3 Longines Kentucky Oaks (gr. I) program when more than $45.8 million was wagered on a 12-race card.
Atlantic City Race Course ended its six-day all turf meet May 1 with total pari-mutuel handle in excess of $1 million for a seven-race program.
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.
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.
For the fifth consecutive year, Keeneland, which begins its spring meet April 5, topped the 2013 racetrack ratings produced by the Horseplayers Association of North America.
- By Tom LaMarra
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.
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.
- By Tom LaMarra
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.
- By Tom LaMarra
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.
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.
The number of Thoroughbred broodmares registered in Ohio in 2012 jumped 53.9% from 2011 to 2012, according to Ohio State Racing Commission statistics.
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.
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%.
The New York Racing Fan Advisory Council has released its formal recommendations for ways to improve horse racing in the state, and at the top of the list is lower pari-mutuel takeout.
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.
In this age of racetrack casinos, the message is very clear: Increase the focus on pari-mutuel wagering and don't consider gaming revenue for purses and other programs an entitlement.
A review of wagering on this year's World Championships indicated the aftermath of Hurricane Sandy cost Breeders' Cup roughly $9 million in pari-mutuel handle compared with 2011 figures, organization officials said.
Breeders' Cup is prepared to take a hit in pari-mutuel handle given the aftermath of Hurricane Sandy in the Mid-Atlantic and Northeast even though many wagering outlets were back in operation Nov. 2.
Monmouth Park registered gains in average daily attendance but declines in pari-mutuel handle for its 65-day meet, officials said Oct. 7, closing day of the meet.
- By Tom LaMarra
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.
Most Popular Stories
- Kentucky Neglect Case Under Investigation
- Major Expansion Planned for Aqueduct Casino
- No Horses Injured in Pennsylvania Barn Fire
- Cuomo Administration Fires Back at Criticism
- PA House Panel Passes Breeding Fund Revisions
- Mo Tom Clear Winner in Ohio Derby
- Japan Races added to BC Challenge Series
- Melatonin Game in Gold Cup Victory
- Europeans Set for Belmont Derby, Oaks
- California Chrome Logs Weekly Drill at Los Al