Woodbine Increases its Handle Again in 2010

[Alan07]

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

[randallscott35]

Tar sands are great business.

[richard]

Good Management is the key to any successful enterprise .

[Scav]

Um, this has alot to do with Vegas finally taking their broadcast, this was the first year you could bet Woodbine out there.

[randallscott35]

Originally Posted by Scav

Um, this has alot to do with Vegas finally taking their broadcast, this was the first year you could bet Woodbine out there.

I assume every track can give a breakdown from where their handle is coming from....would love to see it in this case.

[richard]

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 ?

[johnny pinwheel]

Originally Posted by Scav

Um, this has alot to do with Vegas finally taking their broadcast, this was the first year you could bet Woodbine out there.

yeah, but like someone else said....its good creative managment. making excuses and getting screwed by the state or other entities (like NY and NJ) are going through, during tough times to boot.......that ship will sink or die a slow death! i'm actually starting to think that there are forces against horse racing selling the excuses like yours.(they are doing better because of A or B) who cares????....they are doing GOOD business $$$$$....instead of crying, try to emulate what a winner does. we USED to be the CAN DO people... if i said this in Ny too loud they might commit me......we actually had an assh6le up here walk out when it was time to vote. i don't even care which side he took, this spineless loser walked away!!!! this is the age we live under people!...they always sell US (the people) a sob story...please don't buy into it. i commend them for doing well.....why can't things get MANAGED right here?????? thats what people should be asking and LOUDLY!

[Scav]

Originally Posted by johnny pinwheel

yeah, but like someone else said....its good creative managment. making excuses and getting screwed by the state or other entities (like NY and NJ) are going through, during tough times to boot.......that ship will sink or die a slow death! i'm actually starting to think that there are forces against horse racing selling the excuses like yours.(they are doing better because of A or B) who cares????....they are doing GOOD business $$$$$....instead of crying, try to emulate what a winner does. if i said this in Ny too loud they might commit me......we actually had an assh6le up here walk out when it was time to vote. i don't even care which side he took, this spineless loser walked away!!!!...they always sell US (the people) a sob story...please don't buy into it. i commend them for doing well.....why can't things get MANAGED right here??????

Um, I don't think they gave that as the reason why they did it, I just know that for the first time evah, you were allowed to bet Woodbine (TB and Jughead) in Vegas, which is obviously a heavy market when it comes to horse wagering.

Its common sense that this is a valid reason for the increase