handle

We cannot say this any simpler: American racing does not have a fair and equitable split of the takeout dollar, it has overly and foolishly relied on alternate sources of gaming to supplement purses. So, we remind you--whether you are for or against a 'federal bill,' a Jockey Club member, a commercial breeder, a small syndicate member or anything in between--the status quo is untenable. Something must change. The economics for the sustainability of racing are all askew. ADWs aren't bad--our business REALLY needs them, particularly now. Their percentage of...

This text is an abridged version of today's Free Data Friday release from the Thoroughbred Idea Foundation. Read the full version here. As the famous proverb goes--the best time to plant a tree was 20 years ago. The second-best time is now. Despite few tracks going forward in recent weeks and little to no competition for wagering, Oaklawn and Gulfstream have reduced purses, blaming the loss of subsidies from now shuttered casinos and the lack of on-track handle. Oaklawn set a new record for single day handle last Saturday, with...

Editor's Note: the following is part of the Thoroughbred Idea Foundation's weekly `Free-Data Friday' series. #FreeDataFriday-VOLUME 18: GRAMM: THE ONE WAY TO ENSURE RACING'S LONG-TERM SURVIVAL While this weekly feature has routinely covered issues related to data horseplayers consume or are offered at outrageous price points, the economist inside of this horseplayer, horse owner and breeder is left to ponder how the greater racing industry has collectively ignored years of troubling trends in the data the industry reports itself. After a modest uptick in annual wagering on Thoroughbred races from...

News Analysis When NYRA reached the halfway point of its 2019 Saratoga meet Wednesday, all-sources handle was $320,684,714, or 2.3 percent higher than the number posted after the 20th racing day a year earlier. While that may seem like only a minor increase in handle, the number is more impressive than it may look on paper. For several reasons, comparing Saratoga 2019 vs. 2018 is like comparing pineapples to watermelons, but there is a key factor involved in those numbers that tells you just how well NYRA has broken out...