handle

Journalism Leads At Conclusion Of Kentucky Derby Future Wager Pool 6

Four weeks in advance of the GI Kentucky Derby, bettors made Journalism (Curlin) the mild 5-1 favorite with champion 2-year-old colt Citizen Bull (Into Mischief) the 8-1 second choice in the sixth and final pool of the Kentucky Derby Future Wager (KDFW), Churchill Downs said via a press release on Saturday afternoon. The three-day pool closed at 4 p.m. ET in advance of the three Road to the Kentucky Derby Championship Series races at Aqueduct, Santa Anita and Keeneland. Total handle for the three-day Apr. 3-5 KDFW pool was $483,121...

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Update on CAW in California: Rate Hikes and One Dominant Player

Amid the embattled economics of horse racing, more and more attention has been placed upon Computer Assisted Wagering (CAW) players. One such focus has surrounded whether these behemoths of the betting pools are contributing their fair share back to the sport. That's the case certainly in California. Last year, the California Horse Racing Board (CHRB) became the first regulator of a major racing jurisdiction to really dig down into the issue during a public hearing--one that later led to a published Q&A. The scrutiny that California has received hasn't always...

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Santa Anita Park Bolstered By Strong Gains In On-Track Attendance And Handle

Strong gains in attendance and handle have bolstered Santa Anita Park's figures as the 90-year-old oval heads into the final six weeks of its Classic Meet, the track said in a release on Wednesday. On-track attendance is up over 9% from last season, hosting more than 203,000 visitors through last weekend. The handle bet on-track is up 4% from last year. Overall, the total all-sources handle to date is over $268-million, which is an increase from last year. The addition of horses from Northern California horses has been impactful, with...

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All-Sources Handle Up at Santa Anita Despite Recent Fires

Through the first six weeks of the Classic Meet, Santa Anita Park posted gains over a strong first weekend in February.  Through last weekend, the Classic Meet maintained increases in both on-track attendance and total all-sources handle for the season, which opened on Dec. 26. Wagering is up more than 7% as total all-sources handle exceeded $185 million. The business increases are despite the track being closed for a week due to the impact of the Eaton Fire on the local community. Additionally, the weekend of Jan. 10-12 racing was...

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Why Racing Is Losing One Of Its Best Customers

Mike Maloney had it good and he knew it. The author of "Betting With an Edge," the native Kentuckian played the races professionally and was able to make a good living doing so for nearly half a century. There was no trick to it. He bet a lot of money, as much as $14 million in one year, worked hard and had an innate ability to find the right horse at the right time at the right price. "When it comes to betting horses, I am closing in on 50...

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Santa Anita Handles Over $50M On Opening Weekend

The momentum built by the opening-day, six graded-stakes program at Santa Anita carried on into the weekend, as bettors pushed all-sources handle to over $50.4 million over the course of the 39 races between Thursday, Dec. 26 and Sunday, Dec. 29. Aided by strong support from owners and trainers that led to an increase in field size from 2023, the stretch was led by the $21.4-million turnover on Thursday's program, topped by the GI Malibu Stakes, won by Raging Torrent (Maximus Mischief) and the GI La Brea Stakes, taken out...

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Opening-Day Attendance, All-Sources Handle Up at Santa Anita

An announced on-track crowd of 41,562 welcomed the return of live racing to Santa Anita Thursday afternoon, the largest non-weekend or holiday crowd on opening day since 1990 and biggest opening-day crowd in eight years, track officials said late Thursday. Total all-sources handle of more than $21.4 million was the third-highest in track history for an opening-day program and marked a 17.4% increase over 2023. It was the fourth time in the last seven years that handle exceeded $20 million. "Our Racing Office offered an exceptional program, the owners and...

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Fearful of 'Abyss' Between Cali's North/South Rift, Stronach Group's Butler Renews Call for Negotiations

Although the future of the Golden State Racing (GSR) meet at Pleasanton wasn't officially on Thursday's California Horse Racing Board (CHRB) agenda, the reverberations of dismal betting business through the first five weeks of operation at Northern California's new anchor track became the impassioned focal point of the Nov. 21 meeting. Citing concerns that the autumn Pleasanton meet isn't living up to the hope that the former fairs-season-only track might help fill the NorCal void that occurred when The Stronach Group (TSG) closed Golden Gate Fields back in June, Aidan...

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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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