Following a 4.8% decline in total race days during the month of September, total wagering on U.S. racing fell 2.09% during the month but the daily average handle increased 2.8%.
Keeneland officials are expecting a typical fall meet from a horse-population perspective, and that's a good thing given increasing competition for racehorses at tracks around the country.
The Fort Erie Live Racing Consortium said it has submitted a proposal to the Ontario provincial government's Horse Racing Transition Panel to continue live racing at Fort Erie for at least the next three years.
Breeders' Cup was approved Sept. 19 to card a $150,000 stakes for Arabians on the first day of its World Championships, but not before the CHRB grilled the organization on its plan to shift all or part of the money to purses.
- 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.
Calder Casino & Race Course said it will reduce overnight purses 12% effective Aug. 30 because of changes in the Florida Thoroughbred racing landscape.
The minimum purse for grade I and grade II stakes will be raised by $50,000 for 2014. An increase for grade III stakes may be made in 2015.
The Florida Horsemen's Benevolent and Protective Association said July 26 it signed a purse agreement with Calder Casino & Race Course.
An unusual deal between Canterbury Park and the Shakopee Mdewakanton Tribal Community has quickly led to increased interest in Thoroughbred breeding and racing in Minnesota.
Gulfstream Park and the Florida Horsemen's Benevolent and Protective Association announced July 16 they signed a contract for the current meet that runs through Nov. 28.
The Maryland Jockey Club will try a new approach to the stakes schedule at Laurel Park, which will open Sept. 19 for a 59-day fall meet.
With a decline of 21 race days when compared with the same month a year ago, total wagering on U.S. Thoroughbred racing fell 1.57% during June, according to statistics from Equibase Company.
Horsemen will pay more to offset the cost of equine drug testing under a resolution adopted by the Ohio State Racing Commission June 27.
Monmouth Park has announced it has raised all non-stakes purses on the William Hill Haskell Invitational (gr. I) program July 28 by 20%.
The Kentucky racetrack, which will offer live racing five days in September, released a condition book that shows more stakes and hefty overnight purses, including $90,000 for 2-year-old maiden special weight events.
While the biggest wagering card of the year saw a 1% decline in handle, U.S. racing managed to register a strong month of May as pari-mutuel handle was up 3.57% compared with the same month last year.
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.
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.
After a year of uncertainty due to the cancellation of the Ontario slots-at-racetracks program, Woodbine is set to begin its 133-day Thoroughbred meet April 20.
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.
- 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.
As the first Thoroughbred track in Ohio prepares to open its video lottery terminal facility, purses are up. But some longtime horsemen in the state are on a waiting list for stalls.
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.
Legislation creating the Kansas Agriculture Opportunity Act would lower the tax rate on electronic gaming machines in an effort to get racetracks to install them, and also increase the amount of revenue for purses.
A 2012 agreement that will pump $75 million into purses at Canterbury Park over 10 years continues to have a positive impact on the racing and breeding industry in the state.
- 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.
The Delaware Lottery has issued a request for proposal for its planned Internet gaming system, and the racing industry is negotiating a revenue split with the state and racetrack casinos.
Keeneland will increase purses for overnight (non-stakes) races for the upcoming 2013 spring race meeting -- highlighted by notable increases for maiden and allowance races for horses 3-year-olds and up.
- 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.
Prairie Meadows Racetrack & Casino in Iowa and Canterbury Park in Minnesota are joining forces to offer more racing opportunities for state-bred runners via joint restricted races.
Overnight purses will increase 10% when Mountaineer Casino, Racetrack & Resort begins its almost 10-month racing season March 1.
Turfway Park has decided to race four additional days in February, meaning there will be continuity for the duration of its winter/spring meet.
Wagering on historical races in Kentucky generated more than $3.8 million for purses and the state Thoroughbred Development Fund from September 2011 through December 2012.
The Maryland Jockey Club has put horsemen on notice regarding the shipping of horses to race at other tracks in the region.
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.
Canterbury Park's first condition book for 2013 shows yet another increase in purses, with about $12 million to be paid out during its Thoroughbred and Quarter Horse meet.
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%.
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.
Turfway Park is following through with its plan to increase purses across the board when its winter/spring meet begins Jan. 1, 2013. The new condition book at the Kentucky racetrack reflects increases of 13% to about 35%.
The Ohio State Racing Commission Dec. 13 approved the distribution of more than $1.77 million in revenue racing has received from non-track casinos in the state.
Considering there were 13 fewer race days during the month of November compared to 2011 due to the aftermath of Hurricane Sandy, pari-mutuel handle was down only slightly while purses showed a small increase.
Canterbury Park will offer a 69-day Thoroughbred and Quarter Horse meet in 2013, and purses will increase 25% from 2012 levels, officials said.
With the number of U.S. race days in October down 7.86% from the comparable month a year ago, wagering on U.S. races fell 8.79%, according to the Thoroughbred Racing Economic Indicators from Equibase Company.
Cutting the number of Thoroughbred race dates in Ontario and reducing purses are some of the recommendations put forth by the government commissioned Horse Racing Transition Panel in a final report released Oct. 30.
Racing continues to show some growth in 2012. In September, handle on U.S. races improved 2.6% and purses were up 13.77%.
Turfway Park struggled to fill fields early in the meet and missed a big-handle day in the Kentucky Cup Day of Champions as handle and purses fell at the fall meet.
Del Mar's horsemen earned an extra 10% payment on top of already record-breaking purse payouts as final figures became available for the track's 2012 summer racing season.
- 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.
Laurel Park will begin a 69-day meet Sept. 5 with average daily purses of $240,000 and an expanded stakes schedule.
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