Woodbine Entertainment Group announced that its 2011 live Thoroughbred racing season saw a significant increase in handle over the previous year.
Woodbine Entertainment Group reported all-source betting on the live Woodbine Racecourse meet increased 11.82% on wagering handle of $206,056,400 at the halfway mark of the 167-day meet.
Woodbine Entertainment Group announced that the takeout on its triactor (trifecta) wager by 2% for the upcoming live Thoroughbred meet that begins April 2 at the Toronto, Canada track.
For the second consecutive year, Woodbine Entertainment Group announced a sharp increase in betting handle on its live Thoroughbred racing season.
Woodbine announced that betting on Woodbine's 2009 live Thoroughbred meet, which concluded Dec. 6, was up 7% over last year.
Woodbine Entertainment Group announced July 8 it is suspending its "Turbo-charged Pick 6" wager promotion, while leaving open the option of bringing it back later in the season or for special events.
Woodbine Entertainment Group has reached an agreement with TVG to broadcast both its thoroughbred and Standardbred live racing products from Woodbine and Mohawk racetracks throughout the United States. As part of the deal, TVG will also offer online wagering on all WEG races through its TVG.com Web site.
Betting on Woodbine's 2008 live Thoroughbred meet, which concluded Dec. 7, remained steady over last year, Woodbine Entertainment Group announced Dec. 10.
Woodbine's all-source handle fell 8.6% in 2006, but a rebound in wagering and field size after installation of an all-weather main track has officials for the Woodbine Entertainment Group looking forward to next year.
In the two months since common pool pari-mutuel wagering with Canada was first introduced at Emerald Downs and Arlington Park, both tracks have seen significant increases in handle from Canada.
Do tracks really know who's watching? Racing continues to find new markets for its simulcast signal, but tracks and horsemen need to work together to trace where their product is sent and whether they are getting the revenues due them.
Woodbine Entertainment is set to give an estimated $1 million back to racing fans by reducing its takeout beginning Jan. 28.
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