Keyword: pari-mutuel wagering

  • Artemis Agrotera wins the 2013 Frizette.

    Projections Indicate Fewer Races a Necessity

    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.

  • Panel: Transform On-Site Racing Experience

    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.

  • Tampa Bay Tops Again in FL Host-Track Battle

    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.

  • Wagering, Purses Have Healthy August

    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.

  • Gulfstream Park has held an almost 2-1 edge in pari-mutuel handle.

    No Easy Answers in South Florida Track Battle

    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.

  • Pimlico Racing

    Total Handle Up, Average Down at Pimlico

    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.

  • Handle Up Slightly, Purses Drop in April

    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.

  • NY Lawmaker Uses Derby to Push City OTB

    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.

  • IL Racing Threatened by Legislative Stalling

    Illinois racing dates may be vacated and laboratory operations curtailed if the state legislature does not quickly reauthorize advance deposit wagering, Illinois Racing Board officials said April 30.

  • Average Daily Handle Down 4% at Turfway Meet

    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.

  • March Wagering Down Slightly From 2012

    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.

  • Handle on Live Pennsylvania Races Up 12%

    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.

  • Instant Racing Machines at Kentucky Downs

    KY Lawmaker Questions Raid on Instant Racing

    The Kentucky House Feb. 27 passed legislation that in part would take revenue from historical race wagering to fund pensions for state workers, but one lawmaker questioned the bill's impact on the horse industry.

  • Kentucky ADW Tax Clears House Committee

    The Kentucky House Appropriations and Revenue Committee passed legislation authorizing a tax on advance deposit wagering Feb. 12, but it remains to be seen if all parties agree on the language in the measure.

  • Handle Down, Purses Increase in January

    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.

  • Handle, Purses Down at Delaware Park in 2012

    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.

  • Total Handle Up for First Time Since 2006

    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.

  • Sportech Acquires Wagering Services Company

    Sportech PLC has enhanced its position in the online wagering market by acquiring eBet Online Inc., a California-based provider of technology and services to 20 outlets across North America.

  • Global Symposium on Racing and Gaming

    Fantasy Games Touted as Important Tool

    Operators of online racing and sports fantasy games said Dec. 4 the time is now for the horse racing industry to capitalize on them to develop fans and generate new revenue.

  • Mobile Ontrack Wagering Begins to Take Root

    Racetracks are beginning to implement mobile wagering at their facilities with positive results, but officials said Oct. 3 they don't expect it to chase away tote machines and advance deposit wagering systems.

  • National Horsemen's Benevolent and Protective Association roundtable discussion

    Protecting Gaming Purse Funds a Challenge

    Protecting purse revenue from alternative gaming can be as hard, or harder, than winning legislative approval for it, horsemen said June 30 during a National Horsemen's Benevolent and Protective Association roundtable talk.

  • Instant Racing Machines at Kentucky Downs

    KY Downs Instant Racing Handle Near $82M

    More than $81.95 million was bet through Instant Racing machines at Kentucky Downs from Sept. 1, 2011, through April 30, 2012, according to the latest figures from the Kentucky Horse Racing Commission.

  • NY Lawmaker: Return Betting to City Bars

    Using the Kentucky Derby Presented by Yum! Brands (gr. I) to make his point, New York Assemblyman Micah Kellner, who represents Manhattan, railed on officials for not moving to offer offtrack betting at bars in New York City.