- By Tom LaMarra
Tom and Pete handicap the Presque Isle Masters Stakes. watch video
Tom and Pete handicap the Presque Isle Masters Stakes. watch video
Tom LaMarra and Pete Denk handicap the Travers Stakes this weekend. watch video
Tom LaMarra and Claire Novak handicap the Arlington Million and talk about Millions day. watch video
Tom and Pete handicap the Whitney Invitational Handicap and the West Virginia Derby this week. watch video
Claire and Pete handicap the Jim Dandy Stakes, Haskell Invitational, and Curlin Stakes. watch video
A number of initiatives, including a refocused marketeting plan and working with other Chicago area teams and companies, has led to a resurgence in business at Arlington Park, one of North America's most iconic racetracks.
After posting record wagering on this year's Kentucky Derby and Oaks, the 38-day spring meet at Churchill Downs ended with a 3.31% decline in total and average daily handle.
Tom and Pete handicap the Suburban Handicap and the Princess Rooney Handicap this weekend. watch video
Despite strong handle for the spring's first two classics, wagering on U.S. racing in May was nearly identical to the same month a year ago, according to the latest economic indicators from Equibase.
Jason Shandler and Tom LaMarra handicap the Tampa Bay Derby and San Felipe Stakes. watch video
Tom, Ian and Les from Twinspires.com handicap the Malibu Stakes on opening day of the Santa Anita winter/spring meet. watch video
For the month of September, pari-mutuel handle continued to decline, but a considerable increase in purses provided a silver lining, according to the latest Thoroughbred Racing Economic Indicators.
Wagering on United States races declined slightly to 2.86% during the month of July, according to figures released Aug. 4 by the Equibase Company.
Bettors will have two new wagering options to consider--the 10-cent Super Hi-5, and the 10-cent Fortune 6--when Lone Star Park in Texas kicks off its Thoroughbred meet April 14.
There was good news and bad news March 4 when Equibase released its monthly report on Thoroughbred Racing Economic Indicators.
Thoroughbred industry marketer Fred Pope outlines a plan to reward the owners of the most popular horses with bonus purse money. Read Blog
Wagering on Thoroughbred racing in the United States fell 7.3% and purses declined 6% in 2010, continuing the trends seen in recent years as the industry remains mired in recession.
Interest in super mare Zenyatta and this year's Breeders' Cup World Championships second day Nov. 6 propelled TVG to a record day, with more than $7.8 million in wagering.
On Friday, Sept. 3 professional writer and horseplayer Pete Fornatale will attempt a day-long effort to wager on every race and every track around the world offered through TwinSpires.com to benefit the Race for Education.
Total handle for June is down 5.82% while purses and race days fall 1.21% and 3.23%, respectively.
The most money ever was wagered June 30 on a single race, $379,220, and on a single race card, $2,140,490.
Wagering on U.S. racing in 2009 declined by 9.9% to total $12.3 billion, compared with $13.7 billion the previous year, according to figures released Jan. 6 by Equibase Company.
A rainy October in Kentucky led to much lower on-track business for the Keeneland fall meet, but good racing at the track helped the simulcast wagering, and the combined off-track and on-track betting increased.
The Breeders' Cup has released the official race order and wagering menu for the 26th Breeders' Cup World Championships, to be held Nov. 6-7 at Santa Anita Park in Arcadia, Calif.
If the payoffs for the daily double involving the Black-Eyed Susan Stakes (gr. II) and Preakness (gr. I) are any indication, the filly Rachel Alexandra will be the big favorite for the middle leg of the Triple Crown.
All-sources handle for the recently-concluded Laurel Park winter-spring meet fell 25.5%, Maryland Jockey Club officials have reported.
Here's a fact: Some domestic advance deposit wagering outlets are openly offering cash rebates to customers that wager on California racing signals.
Hampered by a 20.3% drop in total handle in December, wagering in the United States declined 7.2% in 2008 to record the lowest overall total in a decade.
A grassroots coalition of horseplayers is calling for an end to outstanding disputes involving Internet and telephone wagering, and is asking for the formation of a task force to help settle the differences.
Early handicapping on signal distribution of the Breeders' Cup World Championships shows the prestigious event will be available to a wide variety of outlets and bettors, at first glance calming fears of any "signal wars" fallout evident in other revenue-sharing disputes involving advance deposit wagering.
After four straight years of handle topping $87 million, wagering on the Preakness program declined 15.8% in a year-over-year comparison with the 2007 card.
The early Preakness (gr. I) wagering is no surprise, with Big Brown an overwhelming favorite. The winner of the Kentucky Derby Presented by Yum! Brands (gr. I) is the heavy 1-9 choice to win the Preakness and have a shot at the Triple Crown three weeks later.
TVG processed $108.8 million in total wagering during the first quarter of 2008, the highest first quarter total in the company's history and a 32% increase over the first quarter of 2007.
The unaudited figures from the New Zealand Racing Board for the first six months of the 2007/08 season show that despite the challenges imposed by the equine influenza outbreak in Australia, business has continued to deliver strong turnover growth.
Youbet.com said April 1 it had put a restructuring plan in place to recover from last year's $27.4-million loss, and is looking forward to a turnaround in 2008.
Keeneland Race Course will offer simulcast wagering on the $21 million Dubai World Cup Day races, held Saturday, March 29, at Nad al Sheba Race Course in Dubai.
The Thoroughbred Owners of California has given limited consent to New York's off-track betting corporations to accept wagers on California races, but is holding firm on its stance against allowing wagers from the companies'out-of-state account deposit wagering customers.
Overall wagering declined slightly in the United States in 2007 while purses increased, according to "Thoroughbred Racing Economic Indicators" data released Jan. 15.
By Ed Martin - Sometimes it's good that racing does not command the front page of USA Today's sports section as often as it should.
Just as severe weather played havoc with many facets of the 2007 Breeders' Cup, the blustery, sloppy conditions hit the bottom line of handle figures at Monmouth Park during the first-ever two-day World Championships.
A total of $111,903,685 was wagered from all sources on the 11-race Breeders' Cup World Thoroughbred Championships card at Monmouth Park Oct. 27, according to preliminary data, a decline of 20.3% from the all-time record set at Churchill Downs last year.
Six-time British champion jockey Kieren Fallon, 42, and two other riders were involved in plot to cheat in 27 races, a court in London, England, was told Oct. 8.
Hollywood Park closed its 63-day spring meet July 15 with a record average in all-sources handle, fueled by increases in on-track and advance deposit wagering, the Inglewood, Calif. racetrack reported.
Frank Fabian, president of the Thoroughbred Racing Protective Bureau, addressed last year's banning of several jockeys while one of the riders, Terry Houghton, is scheduled to appear before the Michigan Racing Commission June 28 for an investigatory hearing.
By John McEvoy - I have been caught in the squeeze between aggressive corporations battling for monopolistic control of "the product" while turning a frigid shoulder to the people who purchase the product.
Youbet.com directed more criticism at the controversial content alliance of Churchill Downs and Magna Entertainment May 8, with one executive telling analysts during an earnings conference that the partners in TrackNet Media Group "ended up shooting not only themselves, but an entire industry."
By T.D. Thornton -- North American racing has a widely acknowledged economics problem. Its chief funding mechanism, pari-mutuel wagering, is failing after serving the sport well for decades. What was once an efficient method of extruding profits is now an anachronism whose constraints are choking back betting growth.
Portland Meadows has expanded its Dec. 19 program and will offer two guaranteed pick four wagers each worth $15,000.
The National Thoroughbred Racing Association (NTRA) and Equibase Company released the "Thoroughbred Racing Economic Indicators" for United States and Canadian pari-mutuel wagering on U.S. Thoroughbred racing during the first quarter of 2006, as well as for U.S. purses and race days, with prior-year, first-quarter comparisons.
Youbet.com, Inc., announced Monday that it completed its previously announced acquisition of privately-held United Tote Company for approximately $31.9 million, which is $2 million less than the previously announced purchase price.