Keyword: pari-mutuel takeout rates

  • Action on Brockton Meet Delayed Again

    The possible return of live racing to the Brockton Fairgrounds has been pushed back on the calendar after the owners requested their petition for funding from the Race Horse Development Fund be pulled from the agenda for a public hearing June 23.

  • Woodbine Hikes Takeout on Most BC Wagers

    Woodbine said Oct. 29 it will raise the pari-mutuel takeout rates on many Breeders' Cup wagers because of a new standardized revenue model, action that sparked a rebuke from the Horseplayers' Association of North America

  • 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.

  • 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.

  • HANA Revises Track Ratings; Churchill Drops

    The Horseplayers Association of North America has re-released its 2014 HANA Racetrack Ratings in the wake of a decision by Churchill Downs to increase pari-mutuel takeout rates to the maximum permitted by state statute.

  • 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.

  • NJ Senate Committee OKs Instant Racing Bill

    A New Jersey Senate committee Dec. 9 approved legislation that would authorize historical race wagering, also known as Instant Racing, at the state's racetracks, off-track wagering parlors, and casino race books.