While winter weather was to blame for widespread racing cancellations and handle declines for much of the country in January, California saw an uptick in wagering in the state, as discussed in an open forum held by the Thoroughbred Owners of California at Santa Anita on Saturday.
The Daily Racing Form reports that TOC president Joe Morris told the forum that last month “wagering on California was up 14 percent and purse generation was up 12 percent.” Morris said that wagering in the state in 2013 was up 5.6 percent, with a 2.3 percent increase in purse generation. He also mentioned that Del Mar and the fall meet at Hollywood Park had underpaid purses in 2013 – Del Mar alone had more than $600,000 left in its purse account. That money will be allocated to 2014 purses.
The forum also touched on the stabling issue in Southern California following Hollywood's closure at the end of December. According to Morris, there are 2,595 horses stabled in Southern California, most at Santa Anita with overflow at Los Alamitos, San Luis Rey Downs and Barretts Sales and Racing. Los Alamitos plans to add 200 more stalls to the grounds by late March.
Read more at the Daily Racing Form
New to the Paulick Report? Click here to sign up for our daily email newsletter to keep up on this and other stories happening in the Thoroughbred industry.
Copyright © 2017 Paulick Report.