purse increase

Tampa Bay Downs announced its third purse increase this season, which will go into effect with Saturday's card. Ongoing gains in simulcast revenue have led to another 10% boost, with an additional $2,500 for all allowance races and maiden special weights and $1,250 claiming and starter races. The increase amounts to approximately $15,000 more per day in total purse money. Tampa Bay Downs previously increased purses by 10% Dec. 16 and again on Feb. 3. Officials further postponed the track's annual Turf Sprint Showcase Day from Sunday to next Wednesday,...

Tampa Bay Downs horsemen and horsewomen will benefit from another increase in purse money beginning Wednesday. The approximate 10% boost will provide a $1,000 increase for all maiden special weight, allowance, claiming and starter races. Peter Berube, the track's Vice President-General Manager, said a double-digit gain in simulcast wagering has more than offset a decline in on-track wagering, making the second increase of the 2020-2021 meeting possible. The track had raised purses by approximately 10% Dec. 16. Tampa Bay Downs is averaging $4.1-million in daily handle on its product, a...

For the second time in the young 2020-21 meet, Fair Grounds Race Course & Slots has announced a 10% purse increase across the board. Much like the first, the boost was inspired by strong simulcast handle during the first seven weeks of the 149th racing season, which includes solid bettor response to the newly implemented traditional early and late Pick 5 wagers. "Despite losing multiple days of turf racing, handle has remained quite strong," Fair Grounds' racing secretary Scott Jones said. "Condition book four will be released the beginning of...

With impressive gains in handle and with the reopening of the casino at Aqueduct, NYRA will increase purses starting Oct. 18 and for the remainder of the Belmont meet. Like many tracks, NYRA was forced to make purse cuts due to COVID-19 related problems that reduced revenue sources. Rather than an across-the-board purse increase, NYRA will put more money into certain categories, in particular maiden races. The purse for an open maiden special weight race will go from $63,000 to $80,000. New York-bred maidens will see a purse increase from...

Del Mar Thoroughbred Club has instituted a 10% purse increase, which will be retroactive to the track's opening day, July 10. Del Mar has also added a stakes race to its 2020 calendar--the $75,000 Del Mar Juvenile Filly Turf--a one-mile grass test for 2-year-old fillies Sept. 6. The race, which had been a regular feature at the seaside oval in the previous eight seasons, had been omitted from the original stakes schedule due to belt tightening measures. From July 10 through July 27, Del Mar conducted seven days of racing,...

It has been a season of upheaval in Hong Kong, the racing product threatened first by social unrest and then the coronavirus. But for the most part, the Hong Kong Jockey Club has been able to stay the course and Tuesday, it announced across-the-board increases in prize money for the 2020-21 season, including a 20% bump for its domestic centrepiece, the BMW Hong Kong Derby. "At a time when prize money levels are being cut worldwide, the prize money increases announced by the Hong Kong Jockey Club are very welcome...

The Breeders' Cup Board of Directors met during a regularly scheduled meeting in February to discuss future business plans for the company, including next steps in advancing safety measures and purse levels for the two-day World Championships. The Breeders' Cup Board continued its commitment to using the organization's leadership position within the industry to encourage the adoption of increased safety requirements within and beyond the World Championships. Beginning at the 2020 World Championships, the Breeders' Cup will adopt all six recommendations from Dr. Larry Bramlage's report, (pages 18-21). These process...

Woodbine Entertainment is increasing purses for its overnight and Ontario bonus programs effective for this year's Thoroughbred season which begins Saturday, Apr. 18, the company announced Tuesday. "Woodbine is committed to attracting and retaining top quality horses in support of a strong racing program," said Jessica Buckley, Senior Vice President of Thoroughbred and Standardbred Racing for Woodbine Entertainment. "We are pleased to offer enhanced overnight purses for some conditions as well as significant bonus increases for the Ontario Sired and Ontario Bred programs that will benefit the local horse racing...

Beginning with Saturday's race card, Oaklawn Park will increase purses up to $4,000 for all overnight races. "This is only possible because of the tremendous support we continue to receive from our horsemen and fans," said Oaklawn President Louis Cella. "We promised a New Level of Racing at the beginning of the season and we are delivering. Our field sizes (9.5 avg.) are among the highest in nation, we have horsemen participating from both coasts as well as the Midwest, and the fans are responding. We could not be more...

Officials at Lone Star Park at Grand Prairie have announced that daily average overnight purses for their 2020 racing season will reach $200,000, up a whopping 43% from the $140,000 in 2019. "This boost in overnight purses has energized Lone Star Park in a way that we haven't experienced in a lot of years," said Bart Lang, Director of Racing. "This is a very exciting time for the Grand Prairie, Texas racetrack." The purse increase is due to funds collected and distributed by the passage last year of Texas House...