Is Horse Racing Dead? Preakness Ratings Best of all May 20, 2017 Sporting Events on TV

The television ratings for this year’s Preakness Stakes (G1) broadcast on NBC declined from last year, earning a 4.9 rating and 11 share, compared with the 2016 broadcast that earned a 5.8/14.  However, in very positive news …

Source: Preakness Ratings Down, but Best of May 20 Sports

Is Horse Racing Dead? Preakness Breaks Handle and Attendance Records

The Pimlico crowd of 140,327 on hand to see Cloud Computing win the 2017 Preakness Stakes broke last year’s record of 135,256. Total handle on the 14-race program was $97,168,658, an increase of 3% over the previous record of $94,127,434 and a 14% increase over 2015 wagering.

The Maryland Jockey Club also announced that in-state handle was up 7.1% from last year and 10.4% from 2015.

“From morning into evening, we witnessed an incredible day of world-class racing and eclectic entertainment,” said Sal Sinatra, President of the Maryland Jockey Club. “The sport of Thoroughbred racing is being rejuvenated and reimagined by the Stronach family. Their commitment to this sport is remarkable and unparalleled. Their vision is being embraced by horsemen and fans around the country.”

Is Horse Racing Dead? Kentucky Derby Day Handle Hit Record Amounts

churchill downs ky derby dayWith wagering above $200 million for the first time and a top-10 crowd on Kentucky Derby Day, Louisville-based Churchill Downs Inc. expects to add between $4-6 million in increased profitability, the company announced earlier this month.

Source: Kentucky Derby and Derby Day Handle Hit Record Highs

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.