Equibase

Handle Drops by 3.7% in 2023 as Purses Also Take a Slight Dip

According to data released Friday by Equibase, handle in 2023 fell by $447,759,362 for a decline of 3.7 percent. Had handle not rebounded in December, which saw a 6.62% increase, the figures would have looked much worse. Outside of the COVID year of 2020, this was the steepest decline based on percentage of handle since 2011. A total of $11,658,624,859 was wagered in 2023. "I think we got quite a blip coming out of the pandemic when we were the only game in town," said Marshall Gramm, an economics professor,...

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Thoroughbred Racing Economic Indicators Show Mostly Declines for October

Wagering on U.S. races, available and paid purses, as well as the total number of racing days, all saw declines to varying degrees during the month of October, according to information released by Equibase on Monday. Total wagering of $818.9 million on races during the month represented a 9.34% decrease over the same period from 2022, while available purses of $108.5 million were down by 10.43%. The figure of $104.2 million for paid purses in October was down 10.81%, while the total number of race days dropped from 332 to...

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Keeneland Catalogs 277 for November Horses of Racing Age Sale

Keeneland has cataloged 277 horses to the November Horses of Racing Age Sale, set to be held on Nov. 17, the day after the conclusion of the November Breeding Stock Sale, the auction company announced on Tuesday. The catalog features Daily Racing Form and Equibase past performances along with Thoro-graph and Ragozin sheets, race replays and more. The single-session sale consists of 66 2-year-olds, 126 3-year-olds and 85 older horses by top stallions such as Arrogate, Candy Ride (ARG), Constitution, Curlin, Good Magic, Gun Runner, Into Mischief, Justify, Munnings, Not...

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France Latest Country Added To International Entries On Equibase

Equibase has added entries from France to the list of countries available within the international section of their website, the organization said in a release Wednesday. All international entry information, including the newly added French entries at Equibase.com are also available on their app. Final entries from France will include data from all of the country's major race courses, including ParisLongchamp's G1 Prix de l'Arc de Triomphe on Sunday, Oct. 1. "Horse racing is a global sport and we are excited to be able to make French entries available to...

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With Saratoga Slumping, National Handle off 7.3% in August

Betting on U.S. horse racing had its worst month so far this year in August as handle fell by $87,216,418 when compared to August 2022 figures. The decline was 7.3%, the sharpest drop in a month since December 2022. A total of $1,107,146,014 was bet on the sport during this August, while the 2022 handle figure was $1,194,362,432. In month-over-month figures, it was the sharpest drop since December when handle fell by 7.52%. While the Saratoga meet spills over in to July and September, the majority of it is run...

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Classy, Durable Channel Maker Ready For Sixth Sword Dancer

SARATOGA SPRINGS, N.Y.--On the subject of the resilience of 9-year-old Channel Maker (English Channel) approaching his sixth-consecutive start in the GI Sword Dancer S. Saturday, Hall of Fame trainer Bill Mott made his point in a few words. "I can't say enough," he said. Mott was smiling, but he wasn't joking. "What can you say?" Mott said. "He sort of seems like an oddity in this day and age that he's able to stay around and still be in somewhat close to top form." Channel Maker has stood the tests...

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HIWU Suspends Trainer Jeffrey Poole For 22 Months

After a hearing before an arbitral body, trainer Jeffrey Poole has been hit with a 22-month suspension by the Horseracing Integrity and Welfare Unit (HIWU) after it was alleged that Poole possessed the banned substance Levothyroxine. He was also fined $10,000 and ordered to make a payment of $8,000 to cover arbitration costs. Poole did not have a horse test positive for the substance. Levothyroxine, commonly known by the trade name Thyro-L, is a synthetic version of the naturally-occurring hormone thyroxine. Thyroxine is produced by the thyroid and works with...

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Both Ortiz Brothers Get Days At Spa For 'Careless Riding'

Brothers Irad Ortiz Jr., and Jose Ortiz will both serve three-day "careless riding" suspensions Aug. 9-11 that were imposed by the Saratoga Race Course stewards for separate infractions that involved winning rides last week. Both jockeys elected not to appeal their penalties. Irad Ortiz crossed the wire first but got disqualified aboard 1.45-1 favorite Eyes On Target (Exaggerator) in the seventh race July 27, a $25,000 claiming turf route. The Equibase chart stated that in upper stretch, his mount "was under a light drive in behind the top pair just...

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Q&A: HISA's Anti-Doping And Medication Control Program

As the Horseracing Integrity and Safety Act's (HISA) drug and medication control program has rolled out over the past couple of months, various questions have been raised over the mechanics of the new law. As such, the TDN has decided to maintain a Q&A on this new program comprising questions raised by readers, and answers fielded by representatives from either HISA or the Horseracing Integrity and Welfare Unit (HIWU), which implements HISA's anti-doping and medication control (ADMC) program. The first set of responses can be read here. The second set of...

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McDoniel Named Equibase President and COO

Kyle McDoniel has been named president and chief operating officer of Equibase Company LLC by the Equibase Management Committee, effective June 1, 2023, the company announced on Tuesday. McDoniel succeeds Sal Sinatra, who resigned in July 2022. James L. Gagliano served as interim president. "Kyle will bring a fresh perspective to Equibase and the sport," Ian D. Highet, chairman of Equibase, said. "The management committee is confident that his extensive background within sports media and sports betting alongside his business development and strategic planning skills fit perfectly with Equibase's objectives."...

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Charles Town Jockey Fined A Grand For Deep-Stretch Gaffe

Jockey Carlos Eduardo Lopez, currently third in earnings and fourth in wins at Charles Town Races this year, was fined $1,000 by the track's stewards for losing a win at the wire after his mount was clear by five lengths at the sixteenth pole and he apparently thought he could coast to victory without additional effort. "Jockey Lopez eased his mount, Stylish Paint, coming to the wire in the ninth race on Saturday, Apr. 8, 2023, causing his horse to get beat on the wire," stated the Apr. 14 stewards'...

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Wagering Does An About Face, Increases In March

After wagering dropped by a troubling 6.22% through the first two months of the year, the sport rebounded in March. According to figures released Thursday by Equibase, handle was up 2.14% during the month when compared to 2022. A total of $962,703,949 was wagered in March. In the category of average wagering per race day, there was an increase of 1.10%. Handle is still down by 3.40% for the year. The advances reversed a trend that began in October of last year. Handle fell by 4.93% in October and continued...

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