Is Horse Racing Dead? Maryland Jockey Club Reports Spike in 2016 Handle

The Maryland Jockey Club continued growing its Thoroughbred product and handle in 2016, announcing last month that total handle was up 19.7% from 2015 and in-state wagering was up 18.4%…

Source: Maryland Jockey Club Reports Spike in 2016 Handle

Is Horse Racing Dead? Gulfstream Park Reported Strong 2016

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.

Woodbine Racecourse Reports Big 2016 Season

Woodbine via WO FB page“The clockwise turf racing concept added a fresh dimension to our racing program and attracted attention from across the world,” said Via. “We have a great gem of a racecourse in the E.P. Taylor Turf Course and turf racing at Woodbine is thriving. The Tapeta and the turf track will continue to be strong complementary offerings for our horsepeople.”

 

Woodbine Entertainment Group announced that wagering on Woodbine’s 2016 live Thoroughbred racing season, which concluded Sunday, December 4, rose sharply over the previous year’s meet.

The 133-day season produced an “all-sources” handle of $469,452,009, a 7.1% per cent increase over the $438,185,077 figure recorded from 133 dates in 2015.

“We saw tremendous growth in our Thoroughbred racing product,” said Sean Pinsonneault, Executive Vice President of Strategy and Wagering. “We had record handles for all of our signature race days and customers are responding to our blend of entertaining racing and great fan experiences. Unfortunately, even with the growth, the revenue from the wagering is declining in Ontario due to the increased costs of simulcast racing content and mandatory deductions. WEG remains committed to working with government and industry stakeholders to reform the model and secure the future of this industry in the province.”

Wagering was up 4.1% in the Greater Toronto area on Woodbine Thoroughbred racing.

Woodbine posted substantial wagering gains on each of its three biggest days.

The Queen’s Plate, which had its 157th running in 2015, had a record wagering total of $11.8 million for the July 3 card. The on-track experience was enhanced to present more food trucks, fashion and music, including headlining bands that played well into the evening.

The Plate, with 37,063 in attendance, was won by Sir Duddly Digges.

Ricoh Woodbine Mile day, on September 17, recorded a handle of $9.6 million, shattering the 2015 mark of $7.1 million, while the Pattison Canadian International card, on October 16, had wagering of $9.2 million, eclipsing 2015 mark of $6.4 million.

Sunday’s final programm also established a mark for a Woodbine meet finale card, with $7.4 million wagered, surpassing the 2015 record of $6.5 million. The card included the second Jackpot Hi-5 mandatory payout this year with over $1 million up for grabs and a payout of $39,500.65 for a 20-cent ticket.

In April, Woodbine introduced Tapeta as its new main racing surface and it was well received by many racing fans and industry participants.

“In the first year with a new racing surface, we’re quite pleased with how the Tapeta performed especially in the second half of the season after adjustments to our track maintenance protocol were performed,” said Tom Via, Senior Vice President of Operations.

Woodbine also introduced clockwise turf racing in June. Twenty-two races were conducted at five and 5 1/2-furlong distances. The track ran a record 236 grass races in 2016.

“The clockwise turf racing concept added a fresh dimension to our racing program and attracted attention from across the world,” said Via. “We have a great gem of a racecourse in the E.P. Taylor Turf Course and turf racing at Woodbine is thriving. The Tapeta and the turf track will continue to be strong complementary offerings for our horsepeople.”

Purses paid out in 2016 totalled $70.6 million, including a stakes program worth $19.5 million (101 added-money races). Field size rose to 8.4 horses per race in 2016, up from 8.1 horses per race in 2015.

Opening day for the 2017 Thoroughbred racing season, also set for 133 dates, is scheduled for April 15, 2017.

Standardbred racing continues at Woodbine through the winter, including a special Boxing Day card that features a 1:00 p.m. post-time. This Friday features a huge mandatory payout of the Super Hi-5 Jackpot wager.

Breeders’ Cup XXXI Pre-Entries, Post Times, Wagering Menus

 

BC 2016 logo ARCADIA, Calif. (October 26, 2016) — The Breeders’ Cup announced today the official order of races, and guaranteed multi-race wagering pools for the 2016 Breeders’ Cup World Championships on Friday, November 4 and Saturday, November 5 at Santa Anita Park in Arcadia, Calif. There will be a total of 10 races (four Breeders’ Cup Championships races) on the Championship Friday program and 12 races on Championship Saturday (nine Breeders’ Cup Championships races). Championship Friday begins at 11:25 a.m. PT with five undercard races. Championship Saturday first post is 10:15 a.m. PT, and begins with three undercard races.

The race order for the undercard races on Friday and Saturday will also be announced on Monday, October 31.

Championships Race Order (All Times Pacific)

The first Championships race on Breeders’ Cup Friday will be the $1 million Breeders’ Cup Juvenile Turf (2:25 p.m.); followed by the $1 million Las Vegas Breeders’ Cup Dirt Mile (3:05 p.m.); the $1 million Breeders’ Cup Juvenile Fillies Turf (3:50 p.m.); and the $2 million Longines Breeders’ Cup Distaff (4:35 p.m.).

Championship Saturday begins with two stakes races followed by the $2 million 14 Hands Winery Breeders’ Cup Juvenile Fillies (12:05 p.m.); $2 million Breeders’ Cup Filly & Mare Turf (12:43 p.m.); $1.5 million TwinSpires Breeders’ Cup Sprint (1:21 p.m.); $1 million Breeders’ Cup Turf Sprint (2:05 p.m.); $2 million Sentient Jet Breeders’ Cup Juvenile (2:43 p.m.), $4 million Longines Breeders’ Cup Turf (3:22 p.m.); $1 million Breeders’ Cup Filly & Mare Sprint (4:01); $2 million Breeders’ Cup Mile (4:40 p.m.) and the $6 million Breeders’ Cup Classic (5:35 p.m.).

Friday’s Guaranteed Pools

Friday’s card will open with a $500,000 Pick 5 on Races 1-5. There will be a Pick 6 on Races 4-9 with a $500,000 guarantee and an all Breeders’ Cup Pick 4 on Races 6-9 with a $1.5 million minimum guarantee.

Saturday’s Guaranteed Pools

There will be a $500,000 guaranteed Pick 5 on Races 1-5; an early all Breeders’ Cup Pick 4 with a $1 million guarantee on Races 4-7; a $2 million guaranteed all Breeders’ Cup Ultra Pick 6 on races 7-12 and a $3 million guaranteed all Breeders’ Cup late Pick 4, Races 9-12.

 

POST-TIMES/WAGERING MENU

Friday, November 4

Race 1          11:25 AM     WPS       EX      TRI      SUPER    PICK 3    DD   PICK 5
Race 2          12:00 PM     WPS       EX      TRI      SUPER    PICK 3    DD
Race 3          12:35 PM     WPS       EX      TRI      SUPER    PICK 3    DD PICK 4
Race 4              1:10 PM    WPS       EX      TRI      SUPER    PICK 3    DD   PICK 6
Race 5              1:45 PM    WPS       EX      TRI      SUPER    PICK 3    DD
Race 6             2:25 PM   WPS       EX      TRI      SUPER    PICK 3    DD   PICK 4
Race 7             3:05 PM   WPS       EX      TRI      SUPER    PICK 3    DD PICK 4         
Race 8             3:50 PM   WPS       EX      TRI      SUPER    PICK 3    DD          
Race 9             4:35 PM   WPS       EX      TRI      SUPER    Sp DD           SupHi 5
Race 10            5:10 PM    WPS       EX      TRI      SUPER

Saturday, November 5

Race 1             10:15 AM         WPS        EX       TRI       SUPER       PICK 3    DD   PICK 5
Race 2             10:50 AM         WPS        EX       TRI       SUPER       PICK 3    DD   PICK 4
Race 3             11:25 AM         WPS        EX       TRI       SUPER       PICK 3    DD
Race 4             12:05 PM         WPS        EX       TRI       SUPER       PICK 3    DD   PICK 4
Race 5         12:43 PM      WPS       EX      TRI      SUPER    PICK 3    DD          
Race 6         1:21 PM      WPS       EX      TRI      SUPER    PICK 3    DD          
Race 7         2:05 PM      WPS       EX      TRI      SUPER    PICK 3    DD PICK 6         
Race 8         2:43 PM      WPS       EX      TRI      SUPER    PICK 3    DD          
Race 9         3:22 PM      WPS       EX      TRI      SUPER    PICK 3    DD PICK 4
Race 10        4:01 PM      WPS       EX      TRI      SUPER    PICK 3    DD
Race 11        4:40 PM      WPS       EX      TRI      SUPER                   DD 
Race 12        5:35 PM      WPS       EX      TRI      SUPER               Super Hi 5
ALL POST-TIMES ARE PACIFIC DAYLIGHT TIME 

BOLD are Breeders’ Cup World Championships races 

  • Friday’s Pick 6, Pick 5 and Super Hi 5 may carryover from Friday to Saturday. 
  • Saturday’s Pick 6, Pick 5 and Super Hi 5 may carryover from Saturday to Sunday. 
  • Special Distaff/Classic Daily Double on Friday race 9 and Saturday race 12.

BET MINIMUMS

$2.00 – WIN, PLACE, SHOW, DAILY DOUBLE, PICK 6

$1.00 – EXACTA, DISTAFF/CLASSIC DAILY DOUBLE

$.50 –  TRIFECTA, PICK 3, PICK 4, PICK 5, SUPER Hi 5

$.10 –   SUPERFECTA

 

About Breeders’ Cup

The Breeders’ Cup administers the Breeders’ Cup World Championships, Thoroughbred racing’s year-end Championships. The Breeders’ Cup also administers the Breeders’ Cup Challenge qualifying series, which provides automatic starting positions into the Championships races. The 2016 Breeders’ Cup World Championships, consisting of 13 grade I races with purses and awards totaling $28 million, will be held November 4-5 at Santa Anita Park in Arcadia, Calif., and will be televised live by the NBC Sports Group. Breeders’ Cup press releases appear on the Breeders’ Cup Web site, www.breederscup.com. You can also follow the Breeders’ Cup on social media platforms Facebook, Twitter, Instagram, Snapchat and YouTube

2016 Breeders’ Cup Post Times Set

LEXINGTON, Ky. (October 4, 2016) – The Breeders’ Cup announced today the post times for the two-day Breeders’ Cup World Championships, consisting of 13 races and purses and awards totaling $28 million, which will be held on November 4-5 at Santa Anita Park in Arcadia, Calif.

The official race order and wagering menu for both days of the Championships will be announced on Wednesday, October 26.

Santa Anita San Gabriel

copyright Cheryl Ann Quigley

The 33rd Breeders’ Cup begins on Friday, November 4 with a total of 10 races, four of them Breeders’ Cup World Championships races. There will be five Santa Anita Park races preceding the first Breeders’ Cup race, with post time of the first race at 11:25 a.m. PT. The first Breeders’ Cup race will be Race #6 and will have a post time of 2:25 p.m. PT. The $2 million Longines Breeders’ Cup Distaff will be the ninth race on the program, with a post time of 4:35 p.m. PT.

All of Friday’s Breeders’ Cup races will be televised live on NBCSN.

There will be 12 races on the Saturday, November 5 program, featuring nine Breeders’ Cup World Championships races. There will be three Santa Anita Park races preceding the first Breeders’ Cup race, with post time for the day’s first race at 10:15 a.m. PT. The first Breeders’ Cup race will be Race #4 and will have post time of 12:05 p.m. The first eight Breeders’ Cup races will be televised live on NBCSN.

Post time for the $6 million Breeders’ Cup Classic, Race #12, will be 5:35 p.m. PT, and will be televised live and in primetime on NBC.

2016 Breeders’ Cup World Championships

POST-TIMES

All Times Pacific

Friday, November 4
Race 1 11:25 AM
Race 2 12:00 PM
Race 3 12:35 PM
Race 4 1:10 PM
Race 5 1:45 PM
Race 6 2:25 PM
Race 7 3:05 PM
Race 8 3:50 PM
Race 9 4:35 PM Longines Breeders’ Cup Distaff

Race 10 5:10 PM

Saturday, November 5
Race 1 10:15 AM
Race 2 10:50 AM
Race 3 11:25 AM
Race 4 12:05 PM
Race 5 12:43 PM
Race 6 1:21 PM
Race 7 2:05 PM
Race 8 2:43 PM
Race 9 3:22 PM
Race 10 4:01 PM
Race 11 4:40 PM
Race 12 5:35 PM Breeders’ Cup Classic

ALL POST-TIMES ARE PACIFIC TIME

BOLD are Breeders’ Cup World Championships races

2016 Classic & Distaff Future Book Odds

Updated odds from the fabulous Wynn Las Vegas racebook.

Breeders’ Cup Future book odds as of September 16, 2016

HORSE OPEN CURRENT
AIR FORCE BLUE 60/1 30/1
AIROFORCE 85/1 100/1
AMERICAN FREEDOM 35/1 12/1
AMI’S HOLIDAY 125/1 125/1
ARROGATE 75/1 5/1
BEHOLDER (M) 5/1 10/1
BRADESTER 75/1 100/1
BRODY’S CAUSE 75/1 60/1
CALIFORNIA CHROME 8/1 2/1
CANDY BOY 75/1 75/1
CHERRY WINE 40/1 60/1
COMFORT 30/1 40/1
COMMISSIONER 35/1 50/1
CONNECT 50/1 60/1
CREATOR 60/1 35/1
DANZING CANDY 50/1 75/1
DESTIN 75/1 30/1
DONWORTH 50/1 50/1

Get the complete list for both races here.

Congressmen Urge Modernization of Pari-Mutuel Tax Rules

YARMUTH, BOUSTANY PEN JOINT LETTER TO TREASURY URGING ACTION ON MODERNIZATION OF PARI-MUTUEL TAX RULES

LEXINGTON, Ky. (Wednesday, July 13, 2016) Two U.S. congressmen, Rep. John Yarmuth (D-KY) and  Rep. Charles Boustany (R-LA), have submitted a joint letter to the U.S. Department of Treasury Secretary Jacob Lew urging finalization of proposed rule changes regarding withholding and reporting of pari-mutuel winnings.  The letter to Treasury was submitted on July 12 and was posted today on the official Twitter account of Rep. Boustany (@Boustany).

In the text, Yarmuth and Boustany highlight the bipartisan support the new guideline enjoys, as well as recent congressional activity on the matter and the pari-mutuel wagering industry’s economic imWashington DC smallpact. The letter concludes: “As you are well aware, it has been more than a year since the proposed rule was first published and, as such, we strongly encourage you to act on this matter by finalizing the proposed rule.”

A PDF file of the complete letter can be accessed here.

The letter comes on the heels of language in a House Appropriations Committee Report issued last week that accompanied House passage of the 2017 Financial Services and General Government Appropriations bill. That report instructed the U.S. Treasury “to expedite final consideration of the guidance which would modernize the rules governing pari-mutuel wagering.”

A companion bill in the Senate containing identical “Guidelines for Pari-mutuel Winnings” has been passed out of committee and now awaits passage by the full Senate. Ratification of the Senate appropriations bill would not result in the proposed rule changes becoming law; the IRS and U.S. Treasury must approve changes to their regulations.

Recent actions by the House and Senate are the latest in a concerted, industry-wide effort to modernize regulations relating to pari-mutuel winnings. Updates proposed by the NTRA would clarify regulations by redefining the “amount of the wager” to include all of a bettor’s investment into a single pari-mutuel pool, and not simply the base amount of the winning combination. The effort has received support from Members of Congress as well as all segments of the horse racing industry, including customers, who last year submitted nearly 12,000 comments to the Treasury and IRS in support of the proposed change.

California Chrome Returns Today at Santa Anita

 KY Derby Winner California Chrome gets fans’ love, and he just eats it up

LOS ANGELES, CA — The treats come in daily. The cost is about $20 for a five-pound bag of Mrs. Pastures Cookies for Horses. In fact, there are so many cookies that those wanting to send this combination of oats, bran, barley, molasses and apples to this equine superstar are instead asked to address them to nearby horse rescue… [Read more…]