Keyword: purses

  • Penn National is one of six tracks in Pennsylvania

    PA Report: Slots Provide Almost 90% of Purses

    More than $228 million was accrued for purses at six Pennsylvania racetracks in 2015 with almost 90% of the funds derived from slot machine revenue, according to an annual report that analyzes the racetrack gaming industry in the state.

  • Canterbury Park in Minnesota

    Canterbury to Cut Takeout Across the Board

    Canterbury Park and its horsemen's group hope to make a statement this year with an across-the-board reduction in pari-mutuel takeout rates that will range from 15% to 18% for the 2016 meet.

  • Historical racing machines began operating last September at Red Mile.

    KY Historical Racing Benefits Continue Growth

    Keeneland will begin its spring meet with a bump in overnight purses, but track officials hope it's the start of steady growth made possible by revenue from Lexington's historical race wagering facility.

  • Blofeld wins the 2016 Gulfstream Park Handicap.

    U.S. Wagering Up Nominally in March

    Despite fewer races and race days, commingled wagering on U.S. racing rose nominally during the month of March, according to the Thoroughbred Racing Economic Indicators released by Equibase April 5.

  • Finger Lakes in upstate New York

    No Purse Protection for Finger Lakes

    The head of the horsemen's group at Finger Lakes Gaming & Racetrack is predicting the end of racing at the upstate Thoroughbred track, after a new state government budget deal failed to protect purse levels.

  • Mountaineer will commence live racing April 16

    Mountaineer Prepares for 160-Day Meet

    Horses are back training at Mountaineer Casino, Racetrack & Resort, where more than three months of down time in late fall and winter allowed time for improvements in the barn area.

  • Suffolk Downs was awarded six racing days this year

    MA Breeds at Odds Over Cut of Purse Revenue

    A subcommittee of the Massachusetts Gaming Commission March 29 opted to delay a vote and instead solicit input on the percentage of revenue Thoroughbred and Standardbred purses and breeding funds get from casino gaming.

  • Meadowlands in New Jersey

    NJ Casino Referendum Approved for November

    Revenue for horse racing is included in a casino-expansion referendum that will be put before New Jersey voters in November. The legislation states that not less than 2% of revenue would go to support horse racing.

  • Quarter Horse racing at Hialeah Park

    Decoupling Push Ends, But for How Long?

    A strong push to decouple racing from gaming officially hit the wall with the end of this year's Florida legislative session March 11, but a horsemen's coalition said it fully expects the issue to come up again in 2017.

  • Charles Town HBPA board member Joe Funkhouser speaks at Capitol

    WV Racing Supporters Tout Economic Benefits

    Pro-racing lawmakers in West Virginia took part in a March 1 Capitol press conference to discuss the economic impact of Thoroughbred racing and breeding given legislation that would decouple live racing from gaming.

  • Penn National Race Course in Pennsylvania

    PA Racing 'Reform' Law Signed by Governor

    Legislation designed to modernize horse racing in Pennsylvania was signed into law Feb. 23 by Gov. Tom Wolf, who last fall threatened to shut down the industry because it couldn't pay for regulation.

  • Fair Grounds Generic

    Fair Grounds Plans Late Meet Purse Increase

    As a result of better than expected pari-mutuel handle and an increase in video poker revenue throughout the meet, Fair Grounds Race Course & Slots has announced a purse increase effective for the final 14 days of the meet.

  • FL Senate Committee Passes Decoupling Bill

    The Florida Senate Regulated Industries Committee Feb. 17 passed two pieces of legislation, one authorizing a compact with the Seminole tribe and another that would allow decoupling at most racetracks in the state.

  • Charles Town Races in West Virginia

    WV Bill Calls for Restoration of Purse Funds

    Legislation that would restore video lottery terminal-generated purse funds that have been diverted to pay down a workers' compensation debt has been introduced in the West Virginia House of Delegates.

  • Watch My Smoke wins the 2015 Louisiana Champions Day Starter Handicap.

    Handle Inches Up, Purses Drop Slightly

    Despite more than 2,300 fewer races compared with 2014, commingled pari-mutuel handle on United States races inched up 1.18% to $10,676,223,640 in 2015. It is the first year-over-year increase since 2012.

  • Cocked And Loaded won the 2015 Tremont Stakes at Belmont Park

    NYRA Ups Ante for Early 2-Year-Old Races

    In what it says is a move to increase the profitability of owning young racehorses, NYRA will schedule six $100,000 maiden races for 2-year-olds this spring as lead-ins to its first two juvenile stakes of 2016.

  • No Action on Horsemen's Representative in MA

    The Massachusetts Gaming Commission took no action Dec. 17 on a request from the Massachusetts THA to be recognized as the legitimate representative of the region's owners and trainers rather than the New England HBPA.

  • Churchill Downs wrapped up a successful fall meet Nov. 29

    Business Strong at Churchill Downs Fall Meet

    Total pari-mutuel handle during the 21-day Churchill Downs fall meet was $104,626,990, up 9.9% from $95,225,065 for a 24-day fall meet in 2014. Average daily handle jumped 25.6% to $4,982,238 from $3,967,711 in 2014.

  • Tampa Bay Downs returns to action with 10 races Nov. 28

    Tampa Bay Finds Success Despite Competition

    As Tampa Bay Downs prepared to begin its meet Nov. 28, Peter Berube, general manager at the Florida racetrack, discussed its model for success in the face of competition from tracks with alternative gaming.

  • Laurel Park will see an expansion of its schedule in 2016

    Maryland Continues Rebuild of Racing Program

    At a time when some Mid-Atlantic region tracks are cutting live racing dates, Maryland is moving in the opposite direction as part of a master plan to make the state a year-round Thoroughbred racing and stabling destination.

  • Canterbury Park

    Minnesota Breeding Program in Growth Mode

    More than three years into a lucrative purse agreement between Canterbury Park and the Shakopee Mdewakanton Sioux Community, the Minnesota Thoroughbred breeding program is reaping the benefits.

  • Mahoning Valley Race Course

    Ohio Racing Benefits From Misfortune in WV

    The early closure of Mountaineer Casino, Racetrack & Resort in West Virginia has had a positive impact on Hollywood Casino at Mahoning Valley Race Course, at least for the first six days of its 2015-16 meet.

  • Turfway Park will begin its four-month season Dec. 3

    KTDF Money Leads to Turfway Purse Adjustment

    Turfway Park, which accounts for a third of Kentucky's year-round racing calendar, will begin its season Dec. 3 with lower purses, primarily because of less Kentucky Thoroughbred Development Fund money.

  • Monmouth Park in New Jersey

    Monmouth Meet Holds Up in Face of Competition

    Monmouth Park officials said given the intense competition for gambling dollars and horses in the Mid-Atlantic and Northeast regions, the numbers from its just-completed 2015 race meet held up fairly well versus last year.

  • Kiss Moon won the Fasig-Tipton Ladies Turf Stakes on closing day at Kentucky Downs.

    Kentucky Downs Posts Record Handle, Purses

    Mike Maker, who scored in three consecutive races Sept. 19, was named top trainer of the 2015 Kentucky Downs meet while jockey Florent Geroux was the leading rider with 12 victories for the five-day season.

  • Arlington Adds Races, Increases Some Purses

    Citing higher than anticipated handle on its Aug. 15 Arlington Million card and following days, Arlington International Racecourse announced it will card additional races daily and increase purses for state-bred races.