Gulfstream Reports Record Wagering In 2016; Handle Increases 13 Percent

by | 01.10.2017 | 2:54pm
Racing at Gulfstream Park

Gulfstream Park announced today 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.

  • Denny

    I’m a fan and have a suggestion. Since you’re doing so well, do something for the horse player and lower TAKEOUT on WPS wagers to 15% or lower. Also, reduce the BREAKAGE by paying to the penny, or at the very least, to the nickel.

  • Bill

    It would be only right to share your success with the owners who support the game. Raise the purses!!!

    • Dust0800

      Yes Championship meet?? Average purse is pathetic $24k n that includes foa awards

  • Molly Julia

    Gulfstream Park – Only Racetrack In The United States Who Delays Their Post Time 10 Minutes Every Race – 12 Noon Until 5:30 P.M.?

  • ToddR

    So Gulfstream handle goes up 13%. Wow! By why no mention of purses? What track issues a release with handle up 13% but no mention of purses??? Only a track that has embraced computer players and massive rebating, driving down the amount going to purses while unfairly rebating computer players at high levels taking advantage of the general public. What amount did purses go up the last 2 years? That is the question.

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