wagering

Breeders' Cup Friday Handle Tops $60 Million For Fifth Straight Year

All-sources handle for the 10-race program on Future Stars Friday at the Breeders' Cup World Championships at Del Mar Thoroughbred Club was $62,008,354, the track announced that evening. 2025 marks the fifth straight year that the Friday handle has exceeded $60 million. Friday's on-track attendance was 30,059 down just a smidge from 30,982 when the Breeders' Cup was held at the same track. On-track handle was $6,216,798, also down slightly from $63,679,944 last year. Racing returns to Del Mar Saturday with a 12-race card which includes nine more Breeders' Cup...

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Stronach-Owned Entities Respond To Class Action CAW Lawsuit

In a statement issued Thursday, The Stronach Group owned Elite Turf Club, LLC, and AmTote International, Inc., have responded to a class action lawsuit filed last week against several Computer Assisted Wagering (CAW) related wagering entities under the Racketeering Influenced and Corrupt Organizations Act ("RICO") and under state law, alleging they have "organized and participated in the corruption of the betting system to the detriment of the class." The debate around CAW players typically surrounds the edge they wield over regular gamblers thanks to their use of sophisticated technologies that...

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NTRA Advocates For New WAGER Act As Repeal Of Wagering Tax

The National Thoroughbred Racing Association has released a new campaign advocating for passage of a bill that would repeal a wagering tax as part of legislation passed by Congress earlier this year, the NTRA announced Tuesday. As part of the One Big Beautiful Bill Act (OBBBA) signed into law July 4, there was a tax change regarding wagering losses--reducing the deduction from 100% to 90%. In response, Kentucky Rep. Andy Barr has introduced the WAGER Act (Winnings and Gains Expense Restoration Act), new legislation which would restore the deduction back...

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Aqueduct Calls Off Sunday Racing Ahead Of Coastal Storm

Sunday's live racing at Aqueduct has been called off ahead of a coastal storm due to impact the area, the New York Racing Association, Inc. (NYRA) said Saturday. The day's featured race, the Carle Place Stakes, will be brought back one week later, Oct. 19 with entries to be taken Wednesday, Oct. 15. The National Weather Service has placed New York City and surrounding areas under a wind advisory beginning Sunday at noon, with current NWS forecasts calling for sustained winds of 25-35 mph with gusts up to 50 mph....

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Betting at Saratoga
One Gambling Losses Tax Deduction Bill Falters, Another Moves Forward

One bill designed to restore the gambling losses tax deduction to 100% is languishing in committee and has, for all intents and purposes, politically flat-lined. The giant tax and spending bill signed into law by President Donald Trump in July caps gambling loss deductions to 90% of winnings (from 100%)--a provision set to go into effect next year. Industry leaders have warned this rate change could hit horse racing hard through reduced revenues from gambling dollars. Those jurisdictions with no supplemental purse revenues, like California, are especially vulnerable to the...

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Remington Park's Thursday Card Canceled Due to Technical Difficulties

Remington Park's Thursday night nine-race card had to be cancelled after technical difficulties, the track announced via press release Sept. 25. All wagers made that night were refundable and any guest who bought an official program on track could also seek a refund from the program stands. Racing will resume Friday through Sunday, Sept. 26-28 with Sunday hosting the GIII Oklahoma Derby. The first race nightly is at 6:00p.m. central while first post for Derby Sunday is 3:00p.m. The Thoroughbred season at Remington Park continues through Dec. 20.

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Notable Speech
Turf Champions Day Generates Strong Numbers at Woodbine

Edited Press Release Notable Speech (GB) (Dubawi {Ire})'s impressive victory in the GI Rogers Woodbine Mile highlighted a strong Turf Champions Day for Woodbine Entertainment. Turf Champions Day featured three Breeders' Cup Challenge Series "Win and You're In" races. An all-sources handle of $13,026,804 ranks the 2025 edition among the top-five Woodbine Mile day handles. The Woodbine Mile generated $2.1 million in wagering, a 23 percent increase from the 2024 race. Among the other wagering highlights was a 64% increase in the GI Johnnie Walker Natalma S. ($1,688,101 vs 1,030,495),...

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Kentucky Downs Smashes Single Day Mark With Over $25 Million Wagered On Saturday

A record-shattering total of $25,385,003 was wagered on Saturday's 12-race card at Kentucky Downs, a press release from the track said late on Saturday. Six of the races were stakes. Each race featured at least 10 starters, and 10 races had 11 or more. The previous Kentucky Downs wagering record was the $21,184,941 wagered last year on the corresponding day, reflecting an increase this year of more than $4.2 million.

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August Economic Indicators: More Wagering, Fewer Race Days

Wagering increased compared to a year ago in August despite a reduction in the number of race days during the month, according to information released by Equibase on Friday. Total wagering of $1,204,428,838 on races during the month represented a 3.13% increase over the same period from 2024, while available purses of over $153 million were higher by 7.24%. The figure of over $145 million for paid purses in August was also up by 6.33%. As for the total number of race days, they decreased from 416 to 400 (-3.85%)...

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Horses racing at Saratoga Race Course
Penny Breakage To Take Effect In New York Sept. 1

The state of New York will implement penny breakage, a horseplayer-friendly measure that will result in all wagers placed on NYRA races being paid to the penny instead of the tiered breakage model that was previously in effect under New York Law, NYRA announced Thursday. The new breakage will be in effect for Saratoga's closing day. Beginning Monday, September 1, New York will join Washington and Kentucky as the only racing jurisdictions in the country to eliminate breakage on races hosted within their state. "This is a common-sense reform that...

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King's Plate at Woodbine
Third Highest All-Sources Wagering in 166 Years for King's Plate

With on-track handle the highest since prior to the pandemic, Saturday's 166th running of the King's Plate at Woodbine brought in over $4 million in wagering. Overall, the 13-race card generated over $17 million in all-sources wagering, which marked the third highest in event history. The Plate record, set in 2023, holds at $18.1 million. This year's card generated the highest dollars wagered per starter of any Plate program and debuted the new "Kings & Queens Pick-3" wager that offered a $5 minimum and 15 percent takeout. "We were confident...

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Woodbine on one of its biggest days of racing
Ontario Lottery And Woodbine Partner To Bring Horse Racing To More Ontario Bettors

Ontario Lottery and Gaming Corporation (OLG) players can now bet on live horse races across the province by accessing Woodbine Entertainment Group's (WEG) horse racing wagering product through OLG.ca and the OLG app. "We are excited to offer access to this experience to our online players, providing another way for them to engage in the thrilling sport of horse racing," said Dave Pridmore, OLG's Chief Gaming Officer. "This collaboration represents an important step in our mandate of supporting the sport and a vibrant, competitive and sustainable horse racing industry in...

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