Economic Indicators: Average Daily Handle Stays Strong In August

Equibase, LLC released its monthly report on Economic Indicators in Thoroughbred Racing this Friday, Sept. 4. Due to the COVID-19 outbreak, Equibase is currently providing monthly reporting of its Economic Indicators Advisories. The Advisory is typically disseminated on a quarterly basis to provide key metrics used to measure racing's performance throughout the year.

Wagering on U.S. races dropped a bit in August 2020 compared to the same month in 2019, down 1.92 percent, but average daily handle continues to show year-over-year increases as the pandemic continues to wreak havoc on sports schedules. In August, average daily handle was up 13.50 percent in 2020 over the same period in 2019.

Year-to-date numbers show a similar trend, with average daily handle up 35.75 percent for the first eight months of 2020.

Since the Kentucky Derby has not yet been held, it will be interesting to see how much recovery the figure for year-to-date total wagering will make after this Saturday's Run for the Roses, even without fans in attendance. Currently, total annual wagering is down just 6.20 percent, which is already an improvement over last month's 6.96 percent difference.

August 2020 vs. August 2019
Indicator August 2020 August 2019 % Change
Wagering on U.S. Races* $1,154,522,663 $1,177,165,980 -1.92%
U.S. Purses $104,515,752 $128,293,370 -18.53%
U.S. Race Days 445 515 -13.59%
U.S. Races 3,607 4,026 -10.41%
U.S. Starts 26,964 28,895 -6.68%
Average Field Size 7.48 7.18 +4.16%
Average Wagering Per Race Day $2,594,433 $2,285,759 +13.50%
Average Purses Per Race Day $234,867 $249,113 -5.72%

YTD 2020 vs. YTD 2019
Indicator YTD 2020 YTD 2019 % Change
Wagering on U.S. Races* $7,308,988,910 $7,792,183,885 -6.20%
U.S. Purses $518,901,054 $775,638,076 -33.10%
U.S. Race Days 2,144 3,103 -30.91%
U.S. Races 17,793 25,225 -29.46%
U.S. Starts 140,022 185,746 -24.62%
Average Field Size 7.87 7.36 +6.87%
Average Wagering Per Race Day $3,409,043 $2,511,178 +35.75%
Average Purses Per Race Day $242,025 $249,964 -3.18%

 * Includes worldwide commingled wagering on U.S. races.

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Hoping for a Horse to Lighten Our Darkness

Main street? It’s a two-way street. And for the one horse race that truly engages the American nation, that is literally a mixed blessing. A blessing that mixes our own enchanted way of life, culpably introspective as it can be, with the passing traffic of the wider world.

Right now, between pandemic and protests, there is a lot of turmoil out there. Nobody should be surprised, then, if society’s discords have been filtering through the backstretch gate in Derby week: whether through the annual migration of mainstream media, or protestors seeking their attention outside the track, or indeed the reaction of horsemen to these intrusions.

Barclay Tagg is an octogenarian horseman coping with the stress of handling the final preparations of one of the hottest favourites in Derby history. And his instincts, as a rule, would sooner tend to taciturnity even on his own territory-where his exceptional expertise is eloquently measured, given his limited resources through a long career, by the mere possibility of a second Derby.

Many horsemen were doubtless vexed that one of their number, while expressing anxieties he might legitimately feel over security, should have meandered into the apparent conflation of peaceful protests and riots, and rightly so. But when did anyone, least of all the man himself, nominate Tagg as unusually eligible to judge or solve the grievous divisions of a nation?

When a good horse walks into your barn, he doesn’t tend to be carrying a public relations manual. To amplify Tagg’s views is unfair, because it treats him, politically, as something other than a random demographic snapshot; and, in implying that he represents a whole sport, it’s unfair on horseracing, too.

Wherever you happen to find yourself on the political spectrum, I hope you have a warmly affectionate relationship with someone-an obdurately conservative grandparent, say, or an aggressively radical niece or nephew-that you would nonetheless prefer not to be chosen as spokesman for your friends and family.

Certainly Churchill’s statement on Thursday could hardly have engaged more persuasively with the strife of its surrounding precincts, promising self-examination and self-improvement. As an Englishman, albeit one who feels so at home among them, I would not presume to lecture Americans on what may or may not be wrong with their country. I feel distressed by their divisions; and I do feel eligible to judge failures of leadership against rational and humane standards of universal application. But there are nuances of all this chaos that will necessarily be lost on me.

Even Kentuckians, after all, seem to have tangled the original threads of “My Old Kentucky Home”. There seem to be as many misapprehensions as misgivings about an anthem composed as a rebuke to slavery and a lament over its sorrows, according to this week’s Smithsonian Magazine Article, “The Complicated Legacy of My Old Kentucky Home.”

Anyhow, people in houses as lavishly glazed as England today should not throw stones. What I do know is that the 2020 Kentucky Derby visits onto our industry’s doorstep an unhappily authentic sample of the discontent of these times. Never mind the politics: those echoing stands will serve as a baleful reminder of our desperate need, collectively, for some redemptive exhibition of the nobility and inspiration we discover in the Thoroughbred.

Actually, for all the credit we owe those who have worked so hard even to get a show like this safely on the road, some words of reproof must also be heard in the eerie silence that will, unavoidably, complicate the emotions of those who achieve a career pinnacle with the 146th Derby winner.

Because the September Derby was a transparent and calculated gamble, and it has backfired. Back in the spring, Churchill plainly hoped to have those turnstiles rotating by now. Their statements at the time had little of the honesty and dignity of the one released on Thursday. Instead oily verbiage seemed to ooze off the page to coalesce on the floor in giant bald letters, spelling two words that had not appeared anywhere in the text: GATE MONEY.

Their unilateral decision forced other tracks into terribly awkward contortions. As a result, whatever he does in his “Classics”, Tiz The Law (Constitution) can never match all those who, as less-mature 3-year-olds, completed a five-week Triple Crown over 12 furlongs. As a first test of our ability to see out the crisis by working together, in the long-term interests of the whole sport, it was a pretty dispiriting start. For the integrity of the record, the venue should have been changed before the date. In the war, remember, the Epsom Derby was staged at Newmarket.

In the meantime, of course, horses like Charlatan (Speightstown) and Nadal (Blame) have been denied the opportunity that would have beckoned in May. But that’s sheer dice: whatever the date, some top sophomores are going to run out of luck at the wrong moment. Art Collector (Bernardini) jumped onto the September trail only to derail, heartbreakingly, at the 11th hour.

To that extent, Tiz The Law would deserve all possible exoneration if bearing the weight of an asterisk in the Derby annals. He has been the one constant of the crop. He was ready, willing and able in May; and here he is in September, still setting the standard. Tagg has done a masterly job already, the horse’s flame burning ever brighter even though ignited as early as February 1 in the GIII Holy Bull S.

Even so, I haven’t by any means given up on Honor A.P. (Honor Code). We don’t have quite the coast-to-coast match-up that he promised in the GI Runhappy Santa Anita Derby, but this stampede should bring that prodigious stride into play rather more efficiently than did that messy little rehearsal. His works since have been spectacular, and to see it all come together now would not only carve an apt memorial to his grandsire; it would also shine a light on the self-effacing man of honor who trains him. It’s been an unconventional preparation, for sure, but then the rulebook doesn’t really apply to this unprecedented Derby.

Divided and distanced, then, we turn to the horse to bring us together. Perhaps if enough people can admire the beauty and spirit of the Thoroughbred, and aspire to its courage and endurance, then a Derby that has absorbed so much bitterness could yet process it into some kind of healing balm.

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Samborella First Stakes Winner for Outwork

Samborella (f, 2, Outwork-Light and Variable, by Tiznow) was sailing to an authoritative victory in the Seeking the Ante S. at Saratoga Friday, but took a few bad steps just before crossing the wire first. The bay filly was put in a cast on her left front ankle and was taken off the track in a horse ambulance.
Sent off at 5-2, Samborella broke alertly and went right to the early lead, zipping through a quarter in :21.65 and a half in :44.40. She opened up by seven lengths without being asked and was three lengths in front under the wire, completing the 6 1/2 furlongs in 1:16.45. Favored Make Mischief (Into Mischief) was closing for second and Infringement (Temple City) was third.
Samborella was third in her debut versus state-bred foes going 5 1/2 furlongs at Saratoga July 24. She is the seventh winner for freshman sire Outwork (Uncle Mo) and his first stakes winner.
Samborella was a $500,000 purchase at last year’s Fasig-Tipton New York-bred Yearling Sale. She is a half to group placed Bye Bye Hong Kong (Street Sense) and graded placed Our Country (Constitution). Her unraced dam Light and Variable is a half to 2016 GII Adirondack S. winner Nonna Mela (Arch) and 2018 GIII Schuylerville S. runner-up Nonna Madeline (Candy Ride {Arg}).
Lifetime Record: 2-1-0-1. O-Gold Square & It’s All About the Girls. B-WinStar Farm (NY). T-Jeremiah Englehart.

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50 Years Later, Labor Day Brings Special Memories To Del Mar

September 7, 1970, Labor Day, was another working day for people whose jobs were on, or connected to, the Del Mar racetrack. But also a day that dawned with the promise of being special to them, and anyone interested in Thoroughbred racing.

Two days earlier, in the ninth race of the program, on a horse named Esquimal, Bill Shoemaker notched win No. 6,032 to tie John Longden's world record for career wins by a jockey.

There being no Sunday racing at that time, the racing world had a full day to savor the prospect of the man simply referred to as “The Shoe” ending a record quest they'd been following with enthusiasm since he hit the 6,000 mark a month earlier.

And, coincidentally, do it 14 years after another Labor Day at Del Mar when Longden notched record win No. 4,871, on a horse named Arrogate, to pass Sir Gordon Richards.

Dan Smith, 83, recently retired senior media coordinator for the Del Mar Thoroughbred Club, was on the job then as the whole thing unfolded.

“Shoe's first big splash was at Del Mar in 1949 when he led the meeting, as an apprentice, with 52 wins,” Smith said. “That was the time people started finding out who he was. He kept riding at Del Mar through 1954. Then left to ride in Chicago and New York, won the Kentucky Derby on Swaps in 1955 and really became a star.”

Then, 16 years after leaving, Del Mar's prodigal riding son returned home.

“He came back in 1970, the year the Del Mar Thoroughbred Club started running the track,” said Smith, who wrote the definitive biography, “The Shoe” about Shoemaker. “He was in hailing distance of the record. He knew he was going to break it. He wanted to do it at Del Mar. He took dead aim on it and he got it done.”

Shoemaker's words, from Smith's book: “I rode my 6,000th winner August 8 on a horse named Shining Count. And then the countdown began. As I got nearer the record …the drama and the tension built up. With all the newspaper guys and TV people following me around, there's always some tension involved. You handle it the best way you can.”

As Shoemaker drew closer to the record, the media coverage intensified. Sports Illustrated sent one of its top feature writers, Jack Olson, to follow the quest through the final week. On the holiday weekend, crews from major television stations in Los Angeles and San Diego were on hand to chronicle the crowning and word spread across the nation and the world.

“It was important not just to Shoe, but to Del Mar,” Smith said. “It is a very significant event in the track history and led to Del Mar becoming what it has, one of the leading racetracks in the country.”

And Shoemaker remained unfazed by all the fuss. Fellow jockey, and by many accounts Shoemaker's best friend, Hall of Famer Don Pierce, was by his side through much of the buildup. And in sixth place, 16 ½-lengths behind on a horse named Sister Kat Bird, when his pal became the winningest jockey in history.

Pierce, 83, and a longtime Del Mar resident, doesn't remember the race. Nor does he remember Shoemaker being anything but his usual self in the weeks and days leading up to it.

“He was never excited about anything,” Pierce said. “I don't know what was going on in his mind or how he felt about it (internally) but I played golf with him and was around him every day and he was the same as always. I never asked him about it and we never talked about it.

“He had a way about him that everybody around loved him. We wanted him to break (the record) and knew he would.”

Shoemaker from “The Shoe” – “I never anticipated being able to break that kind of record early in my career, so I'd never set it up as a goal. But as I got closer to it and knew I could do it, I really wanted it …In one of the early races on Labor Day, September 7, I was on Dares J, a filly trained by Ron McAnally, and I knew she had a real good shot at winning.”

Hall of Fame trainer McAnally, 88, has spent this summer, like decades before, at his secondary home in Del Mar. In fact, this is his 60th season at the shore, more than any other trainer in history. During that time he's saddled 447 winners, 77 of them in stakes.

“Dares J. was actually owned by a jockey agent, Camilo Marin,” McAnally said. “But a jockey agent couldn't own horses in those days, so they ran her in the name of the auto painter (Earl Scheib's Green Thumb Farm Stable).”

In a long and colorful career, Cuban-born Marin, who died in 1988, was known for introducing, and often representing, a stream of riders from Latin and South America to U.S. racing. Among them were Hall of Famers Braulio Baeza, Manny Ycaza, Ismael “Milo” Valenzuela and Laffit Pincay, Jr., as well as Kentucky native Don Brumfield.

Shoe's big moment was the fourth race on the program.

McAnally had no instructions for Shoemaker before giving him a leg up on Dares J. He'd abandoned the practice years before after seeing Shoemaker go counter to all the information offered on a filly McAnally thought he had figured out, then produce an astonishing victory.

“(Dares J.) broke in front, and all of a sudden it goes so quiet it was like you could hear a pin drop,” McAnally recalled. “Then, when she went under the finish line, the crowd let out a roar like I'd never heard before.”

Dares J. led by two lengths at the first quarter, four at both the half and top of the stretch, and won clear by 2 ½ over I Wanna Win under Robby Kilborn.

Shoemaker from The Shoe: “I knew she had a real good shot at winning.

She broke sharp, and I sent her right to the lead. I let her roll on the turn, and she opened up a pretty long lead. She got a little late in the stretch, but she was too far in front to catch – and that was it. I naturally was happy and relieved it was over.

“John Longden was there in the winner's circle waiting for me to come back, and he was one of the first to congratulate me. I felt a little bad breaking John's record. I'm sure it meant a lot to him. But records are there to be bettered, so I enjoyed doing it for that reason.”

The late San Diego sportscaster Ernie Myers conducted winner's circle interviews.

“Well it's a great day for Bill,” Longden told him. “I held it for 14 years and I know it is going to be a hell of a lot longer before they break it again. I think it took a good man to make this record and it took a damn good guy to break it.”

Shoemaker said: “I'm glad that I could win today's race in Longden's style, in front all the way.”

It was then the job of media department staffer Jeff Tufts, later to become Del Mar's morning linemaker for several decades, to escort Shoemaker through throngs of autograph seekers to the jockey's room. Shoemaker calmly obliged as many as he could.

“Can you imagine what that autograph would be worth today,” Smith wondered.

Tufts had been given strict instructions from publicity director Eddie Read about his assignment and took them seriously.

“It may be that the reason I don't remember anything special is that Shoe pretty much took it in stride and I was a slightly nervous escort,” Tufts said in an e-mail.

“Al Shelhamer, a former jockey and longtime steward, I think uttered the ultimate wisdom about Shoe when he said that aside from his obvious talent, the secret to Shoe's success was that there were never any real highs or lows.

“He took everything as it happened and didn't let disappointment or success affect him. Misjudging the finish line in the Kentucky Derby (in 1957 aboard Gallant Man to lose to Iron Liege) could have really hurt a lesser character, but Shoe dealt with it and went on winning.

“And could any other jock win 17 straight riding titles at Santa Anita and not be the object of envy and jealousy? He was one of a kind.”

Who, 50 years ago, was in the spotlight on one special, and memorable, Labor Day at Del Mar.

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