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Woodbine Increases its Handle Again in 2010
For the second consecutive year, Woodbine Entertainment Group (WEG) is announcing a sharp increase in betting handle on its live Thoroughbred racing season.
The 167-day meet, which concluded December 5, saw an "all-sources" total of $393,507,233 wagered, a stunning 8.9 per cent overall rise from the $361,435,208 figure recorded from the 167 dates offered last year. It comes after a solid 7.0 percent hike in handle seen in 2009 over 2008. "We are pleased with the sustained gains in handle," said Sean Pinsonneault, WEG's Chief Operating Officer. "To see a seven per cent rise in 2009 and an 8.9 per cent jump this year against the softness in the betting marketplace is significant." http://www.woodbineentertainment.com...d-cdb1707da33c |
Tar sands are great business.
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Good Management is the key to any successful enterprise .
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Um, this has alot to do with Vegas finally taking their broadcast, this was the first year you could bet Woodbine out there.
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If it's a private business you won't see it . If it's a public entity you might . Does Woodbine televise in HD or 3D ?
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It's all because of TRAKUS and POLY.
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I wasn't impressed with their product this year, not enough turf races carded, an over emphasis of keeping the portable rail up year round with the exception of big race days stunk.
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Its common sense that this is a valid reason for the increase |
What's the reason for the 7% hike in 2009 handle over 2008 ? No Vegas factor there .
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What about the fact that their field sizes and the depth within their fields were solid. Whether it was one of their crappy 10kN2L claiming races or a high level allowance. They had an ass-ton of nice, deep bettable races.
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And was it just me, or were they put in the AM DRF a lot more than in past years?
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I live here in Toronto and there is a serious, hard core marketing push in the last 2 years going on. I'm not sure who is in charge of this change but he/she is heading for a major promotion. Lots of Television adds in Primetime across all major networks. Print adds in all the Daily Newspapers, combined with an almost cornered slot machine market in a city of almost 3 million. I see another 8-10% in 2011.
We need more grass racing. No doubt! |
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Just because some people (well, actually, MANY, given the increase in handle the past two years) appreciate accurate data and a well run operation, including the best stewards in the game, it doesn't mean that the NYRA/DRF/BEYER crew does. :rolleyes: |
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I started watching after the track was reconfigured. I find that it plays friendly to front runners as well. They tend to be way over protective of the turf and during the week days seem to restrict it to 1 or 2 grass races a day, if that. With the field sizes as big as they are I would imagine that they could really boost the handle if they carded grass more aggressively.
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We have Raced a Woodbine For Several Years and One thing I thought Would Work Really Well If they Would Do it(But know they never Will).
1st IS too Stop Running Harness Races at Woodbine and Keep them Strictly at Mohawk, Most of the harness people hate the shipping part every day anyway. 2nd I would take the harness track which I believe is 7/8's of a mile and turn it into a dirt track that way you could race on all three surfaces (Dirt, Poly and turf) and when the Weather is good you could card races on all three. THere also would be alot of options for a racing Secretary when you would have all 3 surfaces. Like I said its just a thought I feel certain that it will never happen |
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