handle

Fewer Races Lead To Lower Numbers In October Economic Indicators

A -1.57% decrease in races and -1.58% in total race days in October lead to declines across the board compared to the same month a year ago.  Wagering totaled $796,468,476, a -2.71% decrease over last year while purses were also down (-1.63% available and -2.44% paid) to match available wagering per race day (-1.16%). Looking at the year to date, while wagering is still down (-2.88%), both available and paid purses are in the green (+0.79% and +0.50% respectively). Race days and total races are both down year over year...

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Breeders' Cup Handle Up Over 2023, Third-Highest in History

Numbers have been released for the 2024 Breeders' Cup World Championships, with total all-sources, global common-pool handle for the two-day event at $179,218,631, marking a 1.7% bettering of the 2023 total handle. The 41st running of the Breeders' Cup was held Nov. 1-2 at Del Mar, while the 2023 event was held at Santa Anita. The 2024 handle of $179,218,631 marked the third-highest in Breeders' Cup history since the event went to two days in 2007. Only the 2022 event at Keeneland (with $189,060,373 in handle) and the 2021 event...

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Future Stars Friday Posts Second-Highest Friday Handle Ever For Breeders' Cup

All-sources handle for the 10-race program on the first day of the 41st Breeders' Cup World Championships Nov. 1 at the Del Mar Thoroughbred Club was $63,679,944, the second-highest handle for a Breeders' Cup Friday and the fourth consecutive year the Friday handle has topped $60 million. The Future Stars Friday card featured five Breeders' Cup races for 2-year-old horses, the seventh straight year the Breeders' Cup has carded all its juvenile races on the same day since the event expanded to its two-day format in 2007. Friday's on-track attendance...

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Keeneland Closes Record-Breaking Fall Meet

Saturday marked the final day of Keeneland's 2024 Fall Meet which saw a season-record all-sources wagering total of $210 million boosted by record purse money that attracted full fields featuring the nation's top trainers, jockeys and horses. Jockey Tyler Gaffalione earned the leading rider title, his eighth overall, with 24 total wins while trainer Brad Cox led all trainers with 14 wins including a record six stakes wins during the meet. Godolphin was the meet's leading owner with four wins. "The Fall Meet was exceptional," said Keeneland President and CEO...

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Record Turnout, Wagering For NTL Event in Philly

The Philadelphia Cup, the second event in a three-part National Thoroughbred League NTL Cup series, attracted a crowd of 4,260 to Parx Racing--doubling original estimates--and wagering of $1.6 million, 50% higher than originally forecast. Julius 'Dr. J.' Erving is a partner of the league and owner of its Philadelphia Stallions and was on hand for an exclusive meet-and-greet with more than a dozen Philadelphia sports legends. "This past weekend epitomizes why we formed the National Thoroughbred League," said Randall Lane, co-founder of the NTL. "Many of us grew up mesmerized...

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Strong Numbers For Woodbine Turf Champions Day

This year's Woodbine's Turf Champions Day, held Saturday, Sept. 14, saw a 9 percent increase in total wagering from last year. The all-sources handle for the day, which was headlined by the GI Rogers Woodbine Mile and a trio of Breeders' Cup 'Win and You're In' races, was $13,339,206, up from last year's $12.1 million. The $13.3 million handle is also the second highest ever for a Woodbine Mile card. Additionally, wagering in the local Ontario area also saw an 8.9 percent increase from the previous year and a strong...

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Record Purses, Handle, at 2024 Kentucky Downs Meet

Kentucky Downs's seven-day meet that ended Wednesday again set records for wagering and purses paid out to horse owners for the 12th straight year. Purses totaled $34,624,472 for 76 races, including $13.6 million from the Kentucky Thoroughbred Development Fund available only to registered Kentucky-bred thoroughbreds. That reflects an increase of 38 percent over last year's total purses of $25.06 million paid out for 76 races. Sixteen of the 18 stakes winners were foaled in Kentucky, taking full advantage of the KTDF funding. All-sources wagering totaled $90,181,408, up eight percent over...

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Record Spring Meet Wagering At Churchill Downs

The 150th Spring Meet at Churchill Downs concluded Sunday with a record $708.3 million wagered over the 43-day meet. That broke the 2022 Spring Meet record of $614.8 million by $93.5 million. Just 10 years ago, the Spring Meet betting totaled $368.8 million. All sources handle during the six-day Derby Week (April 27-May 4) rose to $446.6 million--including $320.5 million on Kentucky Derby Day--to eclipse last year's Derby Week record of $412.0 million. The wagering increases continued throughout the final 37 days of the Spring Meet (May 9-June 30) as...

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Keeneland Closes Out Successful Spring Meet

Keeneland's 2024 Spring Meet concluded Friday with all-sources wagering exceeding $218 million, the third-highest handle in track history. Average daily purse money of $1.16 million attracted Thoroughbred racing's top stables and jockeys, delivering 16 days of quality racing complemented by community and special events that offered family fun with a philanthropic mission. "A big thanks to our horsemen and sponsors, the crowds who turned out daily on track and those who watched and wagered on Keeneland across the country," Keeneland President and CEO Shannon Arvin said. "We especially appreciate the...

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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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Finger Lakes Reports Handle Growth at '23 Meet

Finger Lakes Gaming and Racetrack (FLGR) reported growth in handle at the recently concluded 2023 race meet, according to a press release. Total handle increased by 18.7 percent to $120,541,745. On-track handle also bumped up by $4,024 to $1,973,368. The 2023 numbers built off of the increases from the previous year, when total wagering was up 16.5 percent, despite racing one fewer day (88 total). The total number of races dipped 2.9 percent from 730 to 714, but field size grew to an average of 6.88 starters per race compared...

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Keeneland Wraps 2023 Fall Meet With Near-Record Handle

Keeneland closed its 2023 Fall Meet on a high note Saturday. The meet produced total all-sources wagering of $201.7 million, the second-highest Fall Meet handle and fourth-highest handle in Keeneland history. "The Fall Meet was terrific from start to finish, and we are thankful for the strong support of our participants, fans and community," Keeneland President and CEO Shannon Arvin said. "It was rewarding to see crowds line the rail through the very last race every day, savoring all the excitement this season had to offer. And with the recent...

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