Purses

Wagering down, purses higher in February

Purses at U.S. racetracks rose more than nine percent in February compared to the same month last year.  But betting handle dropped another 5.5 percent to $821.8 million in February. For the first two months of the year, wagering is down 7.66 percent.  Purses are up 4.85 percent, thanks in large part to higher purses […]

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Santa Anita Prez: Purses won’t be cut despite lower handle

Santa Anita Park president George Haines said purses will not be reduced despite a 7.9% decline in all sources daily average handle for the first half of the winter-spring meeting at the Arcadia, Calif., track. Haines cited relatively strong on-track business – daily average attendance is up by 7% and average on-track handle is down […]

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Tampa Bay Downs announces purse increase

Press Release As a result of an overall handle increase of 5% as well as the most successful Festival Preview Day Presented by Lambholm South to date, Tampa Bay Downs is pleased to announce that there will be a purse increase for the remainder of the 2010-2011 racing season effective on Friday February 18. An […]

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January Over January Purses Up, Wagering Down

Wagering in the U.S. was down in January compared to January of 2010 by 9.71% while purses were up by a razor-thin margin of 0.78%. Total race days were down 4.62%.

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Hastings Racecourse to increase purses by double digits

Hastings Racecourse in British Columbia, Canada has announced its new stakes schedule and has increased its purse schedule for the year 2011. Running from April 16 – Oct. 2, the Canadian racetrack will feature a 41-stakes schedule with purses totaling $2.57 million.

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Dubai WC stays world’s richest purse

The Dubai World Cup remained the world’s richest race in 2010, with a purse of $10 million.  The Melbourne Cup climbed four spots to be second on the list, with a purse of $5.9 million.  America’s richest race, the Breeders’ Cup Classic, held seventh place at $4.5 million.

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November wagering, purses down from 2009

Betting on U.S. races fell 7.8% in November, compared to the same month in 2009, according to the latest figures from Equibase. Despite strong handle during the Breeders’ Cup, total handle for November, 2010 was $906 million, a drop from $982 million a year ago. Total purse money for U.S. races also declined 8.5% from […]

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Calder reverses recent hike in purses

Troubles at Calder have forced the Florida track to rescind recent purse hikes.

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BELMONT PARK FALL MEET PURSES TO INCREASE 13 PERCENT

PRESS RELEASE Starting with the card on Saturday, September 25, The New York Racing Association, Inc. (NYRA) will increase purses at Belmont Park’s fall championship meet by approximately 13 percent.   Average daily purses for the Belmont meet will be $480,000, up from the initial projected figure of $425,000. require_once(ABSPATH. ‘/wp-content/blogad.php’); ?>   With purses for […]

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SUFFOLK DOWNS ANNOUNCES PURSE REDUCTION

PRESS RELEASE Suffolk Downs will reduce its average daily purse distribution by 26% for the second half of its 2010 racing season to achieve a 13% reduction in purses for the meet, bringing purse distribution in line with statutory minimums, track officials announced today. The reduction will bring the daily purse level for […]

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