Handle on the Breeders’ Cup rebounded from a sharp downturn at the event last year, with all-sources wagering on the 14 races on the Breeders’ Cup slate jumping seven percent and total handle on the two Breeders’ Cup cards at Santa Anita surging 11 percent.
Handle at the Breeders’ Cup rose for the first time in three years this year, despite the event having one fewer race this year. According to the charts of the races, handle on the 14 races this year was $135.5 million, up 6.8 percent compared to preliminary reported handle on 15 races last year.
Revenue at Calder Race Course in Miami has plummeted 41 percent in the face of head-to-head live racing competition and an end to its exclusive right to sell simulcast signals for much of the year, according to financial documents released Wednesday by the track’s parent company, Churchill Downs Inc.
The Jockey Club has abandoned its efforts to produce games designed for social-media platforms. but is throwing its support behind a mobile game called “Lil’ Horses,” also for the casual gaming market.
A tax approved by the Pennsylvania legislature this summer has thrown the state’s account-wagering businesses for a loop, with confusion and uncertainty reigning among customers of the operations.
The marathon Santa Anita meeting from Dec. 26, 2013 through June 29, 2014, is likely to have a brief break in April and could include twilight racing in its final months, the California Horse Racing Board was told at its monthly meeting on Thursday.
Nearly a dozen representatives of the Florida parimutuel industry appeared on Wednesday at a Florida Senate Gaming Committee hearing to extol the industry’s economic impact as part of a campaign to vie for influence during an upcoming effort to rewrite the state’s gambling laws.
Daily Racing Form has established a long-term hosting agreement with NTRA to become the “official online qualifying site” for National Handicapping Championship qualifying tournaments. DRF simultaneously established an exclusive, long-term hosting agreement with Breeders’ Cup Limited to conduct online tournaments leading to the Breeders’ Cup Betting Challenge.
Penn National Gaming Inc. had net income of $41.3 million in the third quarter of 2013, down 11 percent from the net income the company posted in the third quarter of last year, according to financial statements released by the company Thursday.
The Maryland Racing Commission on Tuesday approved a rule that will void any claim of a horse that dies during a race or is euthanized on the track as a result of an injury.
