|Charles Town Per-Race Handle Grows But Gross Drops
Per-race handle rose stoutly at Hollywood Casino at Charles Town Races in 2015 over the prior year, but it was not enough to offset a 14 percent decline in the number of races run, according to a track release today.The track claimed a new all-time high for all-sources wagering per race of $111,664 — the most in its 83-year history.
The $111,664 figure represented a 6.82 percent increase over 2014 and topped the prior record for handle per race of $110,247 set back in 2012. Live and export handle per race both rose in excess of 6.5 percent over 2014. On the flip side, gross handle declined, as the number of races carded fell more than 14 percent, from 1689 to just 1447. The decline in gross handle, of course, has implications not only for the track but also for the purse account, which horsemen say is stretched thin.
Read the full article in The Racing Biz .