Purses

Economic Indicators: Comparative Figures Show Declines In Wagering, Purses

A November Breeders’ Cup in 2016 has made pari-mutuel handle and purse comparisons difficult, as Breeders’ Cup was held in October last year. By combining the pari-mutuel handle and purse dollars for both October and November, the comparative numbers paint a much clearer picture. Over the course of October and November, wagering on U.S. races […]

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March Economic Indicators: U.S. Wagering Up Slightly; Purses, Race Days Decline

Total wagering increased in the U.S. in March, while purses, race days and starts were down slightly from their 2015 levels, according to economic indicators released Tuesday by Equibase. Wagering in the U.S. was up 0.85% in 2016 as compared with the same month last year. Year-to-date figures were also up, 3.07% Purses for March 2016 showed a decline, […]

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Economic Indicators: U.S. Wagering, Purses, Rise In February

Total wagering increased and purses were higher in the U.S. in February, while race days and starts were down slightly from their 2015 levels, according to economic indicators released on Friday by Equibase. Wagering in the U.S. was up 6.43% in 2016 as compared with the same month last year. Year-to-date figures were also up, 4.26% Purses for […]

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Economic Indicators: U.S. Wagering Rises In January

Total wagering increased in the U.S. in January, while race days and starts were down slightly from their 2015 levels, according to economic indicators released on Thursday by Equibase. Wagering in the U.S. was up 2.21% in 2016 as compared with the same month last year. Average handle per race in 2016 was $347,210, an 8.8 percent increase […]

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Economic Indicators For July Show Across-The-Board Increases

Racing showed an increase in wagering, purses, and race days during the month of July as compared with July 2014, according to the racing economic indicators released by Wednesday by Equibase. Year-to-date figures were down, however. Wagering in the U.S. was up 1.41% in 2015 as compared with the same month last year. Year-to-date figures […]

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Empire State: New York Breeding Goes From ‘Darkest Days’ To Banner Year

Jeff Cannizzo became executive director of New York Thoroughbred Breeders, Inc. at the worst possible moment. Or perhaps it was just the right time. Depends on how you look at it. When he took the job in July, 2008, the state’s breeding industry had hit a low point and was about to plunge even further thanks to a […]

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Arlington Reduces Purses For Overnights, Stakes Races

Purses for some stakes and overnight races at Arlington Park have been cut in response to an Illinois Racing Board vote denying a request to reduce the number of races on some cards, according to The Blood-Horse. Three of four stakes on Arlington’s International Festival of Racing card Aug. 15 took hits; the Arlington Million’s […]

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Economic Indicators For March Show Declines

According to economic indicators released by Equibase Saturday, wagering, purses, race days, and starts were all down last month from their levels in March 2014. A total of $847,659,953 was wagered on U.S. races in March, a decrease of 11.99% from 2014 levels. (It should be noted that there were nine weekend dates in March […]

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New York Bill Would Protect Finger Lakes Purses

According to The Blood-Horse, a bill introduced in both houses of the New York state legislature would require a future casino to make payments to ensure that purses at Finger Lakes Gaming & Racetrack will remain at their 2013 levels. Lago Resort & Casino, which is still to be built, would be located 27 miles […]

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Fair Grounds Bumps Overnight Purses 10% For Rest Of Meeting

As a result of an increase in pari-mutuel handle and increased slots and video poker revenue in 2015, Fair Grounds Race Course & Slots has announced a 10% increase in overnight purses for the remainder of the 143rd thoroughbred racing season. “I am pleased to announce this purse increase,” said Fair Grounds Track President Tim Bryant. […]

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