Did Racing Pick Up New Customers in 2020?

The sport's major ADWs enjoyed explosive growth in 2020 and, in some respects, none of this comes as a complete surprise. In a year where everything, not just in racing but in society as a whole, was turned upside down by the pandemic, ADWs were oftentimes the only way a horseplayer had to get a bet down. Handle, no doubt, flowed during the year from bricks and mortar facilities to the ADWs. But was some of the growth a product of racing attracting new customers while it was up and...

[ Read More ]
California ADW Agreement Set to Boost Purses by $15 Million

With many wheels of California's daily industry operations greased through wagering made at bricks and mortar venues, a pandemic-driven wholesale betting shift towards ADW platforms has thrown a sizeable wrench into the works, prompting something of a fiscal scramble to readjust. Just last week, the Southern California Stabling & Vanning Racing Committee announced a set of stop-gap funding measures to grapple with a $2-million deficit and maintain the stabling status-quo in the southern portion of the state during 2021. On Wednesday, the Thoroughbred Owners of California ("TOC") announced a new...

[ Read More ]
Q&A With Josh Rubinstein

Del Mar's short fall meet ended this past weekend with a flourish and a blitz of top-class racing that lured quality runners from across the country, as epitomized by Chad Brown's Grade I double courtesy of Domestic Spending (GB) (Kingman {GB}) in the Hollywood Derby and Viadera (GB) (Bated Breath {GB}) in the Matriarch S. The meet rounded out what has been a challenging year for the track, to say the least, thanks to the extraordinary headwinds from a global pandemic, and the already tough economic environment for California horsemen....

[ Read More ]