Is Horse Racing Dying? Not in New Mexico (Albuquerque Downs)

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Albuquerque Downs registered a 24-percent increase in total wagering handle during the 11-day New Mexico State Fair portion of its 2018 Thoroughbred and Quarter Horse race meet.

According to figures reported to Equibase, a total of $3,010,221 was wagered on The Downs’ 104 live races from September 6-16, compared to $2,427,891 bet on 103 live races during the 2017 State Fair meet. On-track handle rose 7 percent to $637,030, compared to $595,655 in 2017, and off-track handle increased 24 percent to $2,373,191, compared to $1,832,236 a year ago.

Live racing resumed at Albuquerque Downs with a nine-race program on Wednesday 9/19. The track closes its 55-day season with a 10-race program on Sunday, September 23, featuring five stakes, topped by the 440-yard, $300,000 Albuquerque Fall Quarter Horse Championship (G1), and New Mexico’s longest horse race, the 1 13/16-mile, $25,000 Con Jackson Claiming Stakes.

Source: Albuquerque Downs

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About Editor

Rich Nilsen is a 15-time qualifier to the National Horseplayers Championship (NHC), an event he has cashed in four times. He was the first player to finish in the top 10 twice. He was also a winner of a $24,000 package into Kentucky Derby Betting Championship I. 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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