08/09/2016 11:08AM

Less racing, no Triple Crown result in decline in business at Belmont Park


With one fewer week of racing and the lack of a Triple Crown opportunity at the Belmont Stakes, all-sources handle was predictably down at the 2016 Belmont spring-summer meet.

All-sources handle was $620,612,113, down 4.1 percent from the 2015 figure of $647,740,050. Ontrack handle was $82,620,672, down 6.4 percent from the 2015 figure of $88,293,037.

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There were 54 days of racing in 2016, five fewer than in 2015. A total of 514 races were run this year, compared to 553 in 2015. There were 247 turf races run this year, 264 last year. There were 22 races taken off the turf this spring-summer meet, compared to just 11 last year.

Average field size in 2016 was 7.92 horses per race, up over the 7.67 in 2015.

When you consider that all-sources handle for the Belmont Stakes was down $37 million compared to last year, all-sources handle for the remaining days of the meet was actually up. This year, all-sources handle on the Belmont Stakes was $99.4 million, compared to $136.7 million in 2015, when American Pharoah was going for - and achieved - the Triple Crown.


Frank 6 months ago
sorry to hear this -- Belmont offers the best racing in the entire country
Jason Beides 6 months ago
To no one's surprise not a mention anywhere about attendance,wonder why they always put unavailable?????
Robert 6 months ago
CEO or President has announced that Horse racing is now like boxing as its only a couple days a year geared to 'BIG' days.  Derby,  Belmont stakes and Breeders Cup Days.. They aren't interested in your $1 exacta box on a Thursday. 
Anthony DiMartino 6 months ago
I agree that changes need to be made. I feel nighttime racing particularly in the major circuits. Belmont, Saratoga, Gulfstream Park, Santa Anita and Del Mar would be a tremendous addition to racing. Churchill Downs made the move to nighttime racing and it has been a successful business decision albeit without a national telecast. Even more important besides bringing nighttime racing is to have live national coverage of these nighttime races similar to the way the NFL has Monday, Thursday or Sunday Night Football. Weekend racing sustains itself but if a Wednesday Racenight could be added with a national broadcast from 2 or 3 tracks, it would allow rapid races staggered with 10 -15 minutes of downtime per race and if produced correctly would have the opportunity to draw attention to many younger sports fans. Along with this would include advertising to account wagering platforms and advertising to big days and promotions to draw people to come to live races. This is my best idea to broaden the sport of horse racing in an attempt to raise its popularity once again 
Robert Fabbricatore 6 months ago
The NYRA has decided to pour the largest portion of purse money to Saratoga cutting purses at Belmont and having terrible purses at Aqueduct.  There is no need for them to go overboard as Saratoga is a special place and they will still come.  I guess they think charging $50 a bottle for Yellow Tail wine ($5.69 a bottle where I live) and $12 for a can of beer will pay for the purses.
Robert 6 months ago
Boycott , I wouldn't buy  either including food there. Let it rot and spoil and prices will come down . 
Bruce Epstein 6 months ago
keep giving us those 7 horse fields with 2 scratches and watch NYRA turn into CA racing.  Been to Hollywood
park lately?  It's gone!  Put players in charge not cooks and toy guys.  I assure you, I could do a better job.
Carolyn Redmond 6 months ago
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