Churchill Downs Expands After Record-Setting Attendance

Churchill winner's circle There are few American sporting events with as much tradition and fanfare like the Kentucky Derby. From the lavish hats to the mint juleps to the many parties, there’s plenty to experience at horse racing’s most prominent event. This year’s race will take place on Saturday, May 6, with “the most exciting two minutes in sports,”… [Read more…]

Is Horse Racing Dead? Tampa Bay Downs Reports Huge Day

Tampa Paddock

Up close and personal at the Tampa Bay Downs paddock

Press Release

When you put more money up for grabs than ever before in track history, it’s logical to expect top-quality racing.

Lambholm South Tampa Bay Derby winner Tapwrit and the other four stakes winners more than delivered.

The Festival Day card on March 11, 2017 produced a track record and three stakes records (four if you count the Columbia Stakes, which was being run at a distance of a mile on the turf for the first time).

A crowd of 10,079 more than did its part to make the day memorable, contributing to total wagering handle of $12,123,021.60, the second-largest figure in Tampa Bay Downs annals.

“We’re extremely pleased and proud to see our biggest day receive such tremendous support from the Tampa Bay community,” said track Vice President-General Manager Peter Berube. “We wish all the participants the best of fortune going forward, and naturally we’re hopeful Tapwrit will move on to compete in the Kentucky Derby (Presented by Yum! Brands).”

The striking gray colt Tapwrit was the unquestioned standout of the afternoon, launching a powerful move approaching the far turn and going on to a four-and-a-half length victory from State of Honor in the Grade II, $350,000 Lambholm South Tampa Bay Derby. His time of 1:42.36 for the mile-and-a-sixteenth is a new stakes record, and would have been a track record had not his stablemate, 5-year-old Stanford, won the $100,000 Challenger at the same distance three races earlier.

Both horses are trained by Todd Pletcher, who won his third consecutive Lambholm South Tampa Bay Derby, fourth in five years and fifth overall.

Also setting a course record was the 3-year-old filly Fifty Five, who won the Grade III, $200,000 Florida Oaks for 3-year-old fillies on the turf in 1:41.60 for the mile-and-a-sixteenth.

Historic Horse Racing Continues to Crush It

historic horse racing machineBOYNTON BEACH, Fla., March, 2017 /PRNewswire/ — Exacta Systems and Kentucky Downs once again shattered the single month historic horse racing handle record in February, with wagering in the 28-day month totaling $51.8 million. The previous record of $47.2 million was only one month old, having been set in January. This marks the third straight month that a new HHR (Historic Horse Racing) wagering record has been set at Kentucky Downs.

In addition to the record set at Kentucky Downs, Exacta set a one-month record by handling over $75 million in HHR wagers at its installations in Kentucky and Wyoming, up from its previous record of $68.6 million set last month.

“Despite the short month, Exacta and Kentucky Downs added over $4.5 million in pari-mutuel wagering handle when compared to January’s record numbers,” commented Exacta Systems President Jeremy Stein. “I am confident that with the introduction of Exacta Premium Game Titles with minimum jackpots of $100,000 at Kentucky Downs next month, the explosive growth of historic horse racing will continue. In January, Exacta went over $1 billion in total wagers handled since we first went live in 2015. We are on pace to do $1 billion in total wagers at our combined installations this year alone, which will continue generating millions in new revenue for purses, breeders incentive funds, racetrack operators and state general funds.”

For more information about the company and the Exacta historic horse racing system, visit www.exactasystems.com or the Exacta Systems Facebook page.

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.

Los Alamitos reports Gains during Winter 2016 Horse Racing Meet

California Chrome working out spring of 2014

2014 copyright Gary Tasich

Superstar California Chrome helps lead the Southern California racetrack to a 16% increase in handle.

Los Alamitos Race Course executive Brad McKinzie was significantly upbeat after the last race of Cypress, Calif., racetrack’s two-week meet.

Source: Los Alamitos Sees Gains During Winter Meet

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.

Racetrack Century Casinos, Inc. Announces Third Quarter 2016 Results

COLORADO SPRINGS, Colo., Nov., 2016 /PRNewswire/ — Century Casinos, Inc. (NASDAQ Capital Market®: CNTY) announced its financial results for the three and nine months ended September 30, 2016. Third Quarter 2016 Highlights* Net operating revenue was $34.5 million, a 3% increase from the three months ended September 30, 2015. Earnings from operations were $3.8… [Read more…]