Is Horse Racing Dead? Gulfstream Park Reported Strong 2016

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Gulfstream Park paddock Gulfstream Park announced a record $1.774 billion was wagered via Gulfstream Park in 2016, a 9-percent increase over the previous record of $1.625 billion in 2015.

Gulfstream also announced a record $1.508 billion was wagered on its live races in 2016, a 13-percent increase from the previous record of $1.338 billion in 2015.

Gulfstream’s record handle was produced in part by signature racing events like the Florida Derby, Fountain of Youth, Opening Day Claiming Crown, Sire Stakes, Sunshine Millions and Holy Bull. Gulfstream also continued hosting signature events, including the prestigious Eclipse Awards.

“Our record handle in 2016 shows us we’re on the right path in growing our Championship Meet and reinvigorating summer racing in Florida,” said P.J. Campo, General Manager of Gulfstream Park and Vice President of Racing for The Stronach Group, Gulfstream’s parent company. “We continue to see the top horses and stables race each winter at Gulfstream, but we’re also witnessing more interest in our summer program now that it has become established and producing quality racing and young stars.

“We believe we will continue to grow in 2017. We have an incredible year ahead of us. We’re looking forward to once again hosting the Eclipse Awards on Jan. 21, watching classic contenders begin to develop in the Holy Bull, Fountain of Youth and Florida Derby, and playing host to the richest horse race in the world – the $12 million Pegasus World Cup Invitational – featuring California Chrome and Arrogate on Jan. 28.

“Our success is only possible because of our great equine athletes, jockeys, horsemen supporting our program from throughout the world, and the fans, who continue to offer great suggestions to help us grow our customer service.

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About Editor

Rich Nilsen is a 12-time qualifier to the National Handicapping Championship (NHC), an event he has cashed in four times. He was the first player to finish in the top 10 twice. He recently won a $24,000 package into the 2016 Kentucky Derby Betting Championship. A former executive with Brisnet.com, Rich is also a graduate of the University of Louisville Equine Business Program. He is founder of AGameofSkill.com, a site devoted to horse racing education and promotion.

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