horsemen

Uncertain Future for Arizona Racing Industry

At the Arizona Racing Commission meeting last month, representatives from the state's flagship racetrack, Turf Paradise, announced that they wouldn't be running their scheduled 2020-2021 race meet between November and May, blaming a variety of factors including health concerns due to the global pandemic, and economic question marks surrounding the operations of Off Track Betting (OTBs) facilities. That decision has sown seeds of confusion and doubt among many involved in the state's racing industry--a scenario complicated by ongoing friction between the horsemen and Turf Paradise management. "Definitely a huge impact,"...

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How Much of the Wagering Dollar Actually Goes to Horsemen?

The following is an abridged version of the Thoroughbred Idea Foundation's #FreeDataFriday entry for this week. The full version can be read at this link. Here is a simple question: How much revenue does a horse race produce for the horsemen running horses in that race? The answer is incredibly complex, and in many jurisdictions, almost impossible to discern. A publication from the Thoroughbred Owners of California in 2016 offers a glimpse into an answer, at least for races run in that state. While these numbers are likely to have...

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Open Letter to the Industry: #FreeDataFriday – Pandemic Exposes Broken Model

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...

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