Company executives are encouraged by the early numbers that have come in at the new Saddle Brook Jockey Club near Amarillo, Texas.
The facility was opened as a temporary off-track wagering facility until the permanent racetrack, Saddle Brook Park, is completed, which is expected to be in the fall of 2014.
Magellan Gaming & Racing operates Saddle Brook for its parent company, Yellow Rose Entertainment. Corey Johnsen, president of Magellan Gaming, told the Amarillo Globe-News that the facility handled nearly $263,500 in bets during its first month of simulcasting.
Johnsen, who is also president and part-owner of Kentucky Downs in Franklin, Ky., told the paper, ““There is a learning curve. There are a lot of people that you have to teach about your sport, and it just takes time.”
“When you don't have that one- or two-year simulcasting product, people walk around a live racetrack and have no idea what to do, and frankly, it's so big it's confusing,” Johnsen added. “I believe the ultimate potential is there to do $10 million in handle in a 12-month period,”
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