New Racing Club at Canterbury Park in 2020

“Our mission is to engage new people with thoroughbred racehorse both active and retired…” ~ Joe Scurto

Lakeville, MN…. The first racetrack in North America to create a racing club for thoroughbred racing fans, Canterbury Park has now teamed up with the Minnesota Racehorse Engagement Project (MNREP) to introduce a new version of their successful club platform for 2020.

The new club will not only offer horse lovers the opportunity to experience the pleasure, prestige, and emotional rewards of owning a thoroughbred racehorse, it will also help horses coming off the track as they transition into new careers. All net profits from the club will be going to support local equine organizations that are working with MNREP and Canterbury Park in transitioning retired racehorses. These organizations currently include This Old Horse, University of Minnesota, Crookston Equine Science Program, and Acres of Life.

Joe Scurto, Executive Director MNREP is excited about the opportunity to have a club that will benefit both members as well as horses. “Our mission is to engage new people with thoroughbred racehorse both active and retired. The new club will be able to offer both. The organizations working with us to transition horses will also benefit. People joining will get more than their monies worth and support equine aftercare in the process.”

Is Horse Racing Dead? Stagnant Last Year

Purses Up, Pari-Mutuel Handle Down in 2019 – according to The BloodHorse

This year’s U.S. purse total is the highest since 2007, a pre-Great Recession year with more than $1.18 billion in purses. Compared with 2007 this year’s purses were recorded at a time of reduced racing—down 42%. Considering that reduction in racing, the average purse per race in 2019 compared with 2007 is up 40.2% to $32,256.

While purses improved in 2019, the rash of breakdowns at Santa Anita Park that forced the Southern California track to halt racing after its March 8 card before reopening March 29, likely impacted pari-mutuel wagering. Wagering on U.S. races in 2019 was down 2% to $11,038,790,395 compared with last year.

More about 2019:

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Horse Racing in New York. An Annual Financial Recap

Source: NYRA

The New York Racing Association, Inc. (NYRA) today announced that its 2019 race meets conducted at Aqueduct Racetrack, Belmont Park and Saratoga Race Course generated all-sources handle of $2,108,126,369.

For the first time in history, NYRA generated more than $700 million in all-sources handle during the 2019 meet at Saratoga Race Course, which was conducted over a five-day race week.

Wagering from all-sources at Saratoga totaled $705,343,949, a figure that eclipsed the previous record set in 2017 by nearly $29 million or 4.2 percent. The milestone record was achieved despite the cancellation of a full racing card on the second Saturday of the season due to extreme heat, in addition to the cancellation of the final seven races on July 25 due to severe storms.

Belmont Park crowd

copyright Agameofskill.com

Inclement weather forced the full cancellation of seven race days and partial cancellation of six cards during the year. As a result, there were 217 race days in 2019 at NYRA tracks with average daily handle of $9,714,868.

Total all sources handle in 2018 was $2,113,408,494 with average daily handle over the 219 days of live racing in 2018 of $9,650,267.

2019 featured 2,000 races at NYRA tracks, or 38 fewer than were contested in 2018. 125 races were taken off the turf in 2019 compared with 193 in 2018.

2019 Belmont Stakes

The June 8 Belmont Stakes Day card, highlighted by Sir Winston’s victory in the 151st running of the Grade 1, $1.5 million Belmont Stakes presented by NYRA Bets, generated all-sources handle of $102,163,280, a NYRA record for a non-Triple Crown year.

All-sources handle for the three-day Belmont Stakes Racing Festival was $131,858,886.

In total, the 48-day Belmont Park spring/summer meet generated all sources handle of $524,051,257 with on-track handle of $62,499,109. Average daily handle during the spring/summer meet was $10,917,735.

The 2019 Belmont Park fall meet generated all-sources handle of $274,929,718. Average daily handle over the 37 days of live racing was $7,430,533 with on-track handle totaling $32,523,572.

The 25-day 2019 fall meet at Aqueduct Racetrack generated all-sources handle of $205,249,710, and on-track handle of $20,712,645. Average daily handle during the fall meet at the Big A was $8,209,988.

Total on-track handle across all NYRA meets in 2019 was $310,053,754, a 5.2 percent decrease from the 2018 total of $326,893,963.

Remington and Woodbine Report Solid Handle Figures

Woodbine All-Sources Handle Second-Largest in History

Woodbine Entertainment announced Dec. 18 that the 2019 Thoroughbred meet produced an all-sources handle of $516,189,880.80—the second-largest in its history and the third consecutive year the Ontario track exceeded half a billion dollars.

The 131-day (with two cancellations) meet included 1,212 races, 45 fewer than last year, which contributed to the all-sources handle being down 3.2% compared to 2018. Average field size per race was also a contributing factor; it was 8.2 in 2019 compared to 8.3 last year.

Remington Park

The 2019 Remington Park Thoroughbred season concluded Dec. 15 and again experienced increases in total pari-mutuel handle for the 67-date schedule, the track announced Dec. 19.

Total handle on Remington Park racing was $76,885,108, up 7.1% compared to 2018 when the Thoroughbred season generated $71,798,190. It marked the third consecutive season the Oklahoma track’s handle increased over the previous year.

Santa Anita re-schedules Opening Day to Saturday

SANTA ANITA TO POSTPONE OPENING DAY TO SATURDAY, DEC. 28,

AHEAD OF LOOMING RAIN FORECAST

The opening day of Santa Anita’s 83rd season will be postponed two days until Saturday, December 28th, ahead of next week’s declining weather forecast.

“Opening Day is traditionally one of our biggest days of the year, but our commitment to safety is first and foremost,” said Aidan Butler, Acting Executive Director of California for The Stronach Group. “It was very important to make this call as early as possible for our horsemen, fans and employees. There are many moving parts, especially in the training of these wonderful horses, and this decision is being made at this time out of respect to give all involved plenty of advance notice.”

Boom Time for California Horse Racing“It is very difficult to predict weather forecasts in Southern California more than 48 hours in advance,” said Dennis Moore, who has returned to his responsibilities overseeing Santa Anita track surfaces. “Right now, they have rain Monday through Thursday morning. But the models are continuing to change and when they do that, they are usually building up moisture.”

It would be the first time since the 1973-74 winter season that Santa Anita has not opened on December 26th. Santa Anita last opened on December 28th in 1971. Last year’s opening day on-track attendance was 41,373, with an all-time opening day handle record of over $20-million.

“The stakes races set for Thursday will be brought back on Saturday,” said Steve Lym, Santa Anita’s VP & Director of Racing. “With the rain in the forecast, it was extremely likely that the races would be off the turf on Thursday. Postponing opening day will allow for the high quality turf racing synonymous with Santa Anita. We are planning on filling extra races throughout the opening week to give our horsemen the opportunity to run their horses.”

Among the horses set to run is Fox Hill Farm’s Omaha Beach, the likely heavy favorite in the Grade 1 Runhappy Malibu Stakes, now set for Saturday. “They are doing the right thing by moving the races,” said Richard Mandella, Omaha Beach’s Hall of Fame trainer. “I’m just very happy to be in the race with this horse.”

Entries for Opening Day will be drawn on Monday, December 23rd, which was scheduled to be the entry day for that Saturday.

Santa Anita’s revised Opening Week schedule has live racing Saturday, December 28th and Sunday, December 29th; New Year’s Day Wednesday, January 1st, and Friday, January 3rd through Sunday, January 5th.

First post time on Saturday, December 28th, will be 11:00 a.m.

ABOUT SANTA ANITA PARK
Santa Anita Park is a Stronach Group company, North America’s leading Thoroughbred racetrack owner/operator. The Stronach Group racetracks include Santa Anita Park, Gulfstream Park & Casino, Golden Gate Fields, Portland Meadows, Laurel Park and Pimlico Race Course, home of the world-famous Preakness. The company owns and operates the Palm Meadows Training Center in Florida, and is one of North America’s top race horse breeders through its award-winning Adena Springs operation. The Stronach Group is one of the world’s largest suppliers of pari-mutuel wagering systems, technologies and services. Its companies include AmTote, a global leader in wagering technology; Xpressbet, an Internet and telephone account wagering service; and Monarch Content Management, which acts as a simulcast purchase and sales agent of horseracing content for numerous North American racetracks and wagering outlets. The Stronach Group is North America’s premier supplier of virtual online horseracing games, as well as a leading producer of social media content for the horseracing industry.

There’s Horse racing in St Lucia

Royal St Lucia Turf Club Opens on Schedule

KINGSTON, Jamaica — St Lucia placed themselves on the horse racing map when they hosted their first race meeting under the auspices of Royal St Lucia Turf Club.

The feature offering on the five-race card was the US$150,000 Pitons Cup, which was won by the American-bred Casting Crowns.

The event run over nine furlongs saw Casting Crowns, ridden by Qin Young, come from off the pace to catch Colonel’s Pride at the top of the straight to win convincingly.

Casting Crowns is trained by Deoner Visser and owned by well-known American outfit Taylor Made Farms. The winning time was 1:50.91. Second, went to Colonel’s Pride.

Run Bayou, ridden by Rasheed Hughes and trained by Jamaica’s Andrew “Busha” Nunes, was third. Busha Nunes now trains in Barbados.

Andrew’s brother and current leading trainer in Jamaica, Anthony Nunes had three runners in the Pitons Cup, one of which, Rock Creek, was ridden by Shane Ellis. Rock Creek finished sixth with Oriental Crown occupying the fifth slot.

In the other races on the five-race card, Anthony’s horses Shane Doan finished second with Nasty Critter and Queen of Pitons both earning third spots.

Earnings on all races were paid out to positions one to six.

Queen Elizabeth Visits Central Kentucky in Netflix’s ‘The Crown’ Episode

In the fifth episode of season three of Netflix’s “The Crown,” Queen Elizabeth II travels to Kentucky and spends a month in the commonwealth looking for horses to breed with her mares, some of whom were stabled in Central Kentucky. In the episode, she spends her time in Kentucky lamenting “the unlived life” and the restrictions that accompany her station as a monarch.

Fans of “The Crown” love to parse through the show’s events and storylines to mine what is based on fact and what is based on fiction. This episode provided much fodder for those students of “The Crown’s” allegiance to history…

In “The Crown,” the queen’s visit to Kentucky is cut short by word of a coup attempt back home, a story that does have some root in actual fact. While no actual coup attempt was in fact ever made, there were discussions of a coup among a group of wealthy industrialists, military generals, and Lord Mountbatten in 1968 about the possibility of pushing out the elected Labour government. Nothing much came of those talks, and certainly nothing rose to the level seen in “The Crown.”… more about Netflix’s ‘The Crown’ Episode:

Those Near Misses Might Not Be So Bad After All

The long-term benefits of losing, according to science – Fast Company

The answers used to be simple. Research from multiple domains has shown that winners keep winning (the rich get richer). That means even a narrow win can snowball to generate runaway inequality, increasingly distancing winners from losers. So conventional wisdom would be always to bet on narrow winners.

That’s not what we found.

Horse Racing tips: Our traders’ 5 to follow from Saturday’s cardsWe examined both groups’ track records over the 10 years following their initial grant application, including grants won, publications, and publication impact (number of citations). As expected, winners gained more NIH and other grants over time—the rich did get richer.

But their near-miss peers matched them on number of papers published. And the most surprising part: their work had a greater impact than that of those who’d narrowly won early-career NIH grants.

These so-called losers outperformed the winners longer term.

One explanation is a “screening effect.” Failure weeds out those less equipped to succeed in the future. Indeed, near-miss scientists had a greater than 10% chance of permanently leaving the NIH system. But we found that wasn’t sufficient to explain our results. So we offer some of the first empirical evidence for Nietzsche’s classic phrase “What doesn’t kill me makes me stronger.”

 

Is Australian Horse Racing Model Broken?

One of the world’s biggest punters, abandons Australian racing

…”They’re killing the goose that laid the golden egg,” renowned bookmaker Robbie Waterhouse said.

“This is all in response to the increasing taxes being imposed on Australian markets and it’s unbelievable someone as big as Dr Nick has turned his back on Australian racing.”

The majority of the country’s foreign-owned bookmakers reported huge cuts in profits of their Australian operations after the introduction of the point of consumption tax, levied at different rates by state governments.

It has left bookmakers increasing their margins on betting markets, resulting in some of the industry’s biggest punters lowering their turnover. Other professional punters are having their accounts shut by oddsmakers who don’t want to take their bests.

Australia’s biggest online bookmaker Sportsbet reported a $40 million hit to its profits for the six months to June 30 this year.

Incredible. No Thanksgiving Card at Del Mar due to Forecast

We are in unprecedented times, as Del Mar will not hold Thanksgiving Day racing due to the weather forecast.

Source: DMR

With inclement weather predicted to bring substantial rain on Wednesday and Thursday of the coming week, Del Mar Thoroughbred Club proactively cancelled its scheduled Thanksgiving Day race card as part of its continuing emphasis on horse and rider safety.

Track officials plan to shift several of the races from Thursday’s program – including the $100,000, Grade III Red Carpet Stakes – to expanded race cards on Saturday, November 30 and Sunday, December 1.

Additionally, the track is intending to run its Friday program as scheduled, but offering races only on its main track that day. Friday’s scheduled feature race, the $200,000, Grade II Hollywood Turf Cup, will be run on Sunday.

“The Weatherman is making it tough, but safety always comes first,” said Del Mar’s executive vice president for racing Tom Robbins. “We are appreciative of the cooperation from our horsemen. We’re planning on putting on a good show Friday and following that with tremendous stakes-filled cards on both Saturday and Sunday. We’ve got horses and horsemen coming into town from back east for our big races and we want them to know that their races will be presented as planned under safe and proper conditions.”

Del Mar worked with industry stakeholders – notably the Thoroughbred Owners of California – and its regulator, the California Horse Racing Board, in reshaping the conclusion of its fall racing season.

In the revised weekend slate, the track will move up first post both Saturday and Sunday to 12 noon and run 10 races on each day. Grass racing will be emphasized and there will be seven graded turf races conducted over the two days offering $1.3 million in purses.

The two-day turf stakes bonanza will consist of the Red Carpet for fillies and mares at 11 furlongs; the Hollywood Turf Cup for 3-year-olds and up at 12 furlongs; the $100,000, Grade III Jimmy Durante for 2-year-old fillies at a mile; the $200,000, Grade II Seabiscuit Handicap for 3-year-olds an up at a mile and one-sixteenth; the $300,000, Grade I Hollywood Derby at nine furlongs; the $100,000, Grade III Cecil B. DeMille Stakes for 2-year-olds at a mile, and the $300,000, Grade I Matriarch Stakes for fillies and mares, aged 3 and up, at a mile.

Though Del Mar’s planned Thanksgiving race card will not happen, the facility will be open for Thanksgiving Brunch – featuring turkey and all the trimmings – from 11 a.m. to 2:30 p.m. In addition, simulcast wagering will be presented along with traditional NFL action. Wagering will be held in its usual spot in the Mission Tower building starting at 9 a.m. and going forward to approximately 2:30 p.m., with races at Golden Gate Fields along with tracks from across the country on the agenda.