Average Race Handle Up During Record-Setting Season At Mahoning Valley

The 2020-21 racing season at Hollywood Gaming Mahoning Valley Race Course came to a record setting and successful close this past Saturday.

“We are thrilled,” commented Allie Evangelista, Vice President and General Manager. “Despite the hurdles of the past year, we closed on our most successful race meet to date thanks to the continued efforts of our racing team and community.”

The 2020-2021 racing season did not disappoint and concluded with an average handle per race of $121,770, a 4.43% increase in average handle per race over the 2019-2020 racing season. During the 2021 Winter/Spring meet portion of the racing season, average handle per race came in at $131,411, with the wagering highlight coming on March 29.

In a mandatory payout of the Buckeye Jackpot Pick 6, which had grown to $343,876, the single day handle record was shattered by over $1 million. The new record stands strong at $3,095,044. 2021 also saw the introduction of the 15% takeout Pick 5 which has proven immensely popular with handicappers seeing an average pool size of nearly $30,000.

“The response from handicappers has been incredible,” says Assistant Director of Racing Elizabeth Rogers. “The team is already looking ahead to the fall meet and we are excited to explore opportunities that will improve the experience of our existing customers and entice new ones.”

In a tight race between three trainers for the 2021 Winter/Spring Leading Trainer title, it was Jeffery Radosevich who pulled away from the competition winning with four of his final five starts giving him 23 wins in the meet. When asked how many titles he has won at Mahoning he quoted his father, Joe Radosevich, “Do your job and don't count.” He may not be counting but we are, today's win makes number eleven for Radosevich who has proven dominant at Mahoning Valley since it first opening in 2014.

“Dad gave us kids the knowledge, it was our mom, Jackie, who schooled us and kept us in line,” said Radosevich. “I have to give credit to my crew, they are all good workers, and to my clients who support and believe in me.”

The jockey's race was exciting in a different way as Sonny Leon claimed the 2021 Winter/Spring Leading Jockey title with 74 wins, 17 ahead of the runner up.

“I'm excited to win my second title at Mahoning,” Leon said. “The trainers here have been extremely supportive and I am happy to have the opportunity to ride for them.”

Leon began his riding career in Florida in 2015 before bringing his tack to the Midwest where he has found success in recent years. Earlier this year he made trip number 500 to the winners circle and his mounts have surpassed $9 million in earnings.

Mahoning Valley came out strong in the Fall of 2020 by hosting the Best of Ohio stakes on October 31, five restricted Ohio Bred stakes valued at $500,000. Forewarned, for trainer Uriah St. Lewis and owner Trin-Brook Stables, Inc, successfully returned to defend his title in the mile and a quarter Best of Ohio Endurance Stake. Other winners on the day included Ohio bred 2020 champion 2-year-old male Buckeye Magic, Ohio bred 2020 champion 3-year-old male and champion sprinter Chief Randel, Alexandria, and Drillit.

In what has been a similar case for many racetracks, reopening after the pandemic shutdown proved a difficult task. Just over a week after the Best of Ohio Stakes, on November 10, Mahoning was faced with a shutdown that saw the loss of seven live racing days. Despite the setbacks, Mahoning returned on November 23, just in time to host the 6th running of the Steel Valley Sprint. In a field of 12 it would be Vertical Threat who stole the show for trainer Richard Baltas and the partnership of MyRacehorse.com and Slam Dunk Racing.

The final open stake of the season was run on April 10, the first running of the Cheryl S. White Memorial Stake, named in honor of the first African American female jockey to ride and win a Thoroughbred horse race in the United States. In a riding career that spanned more than twenty years, Cheryl won over 750 races. After riding, Cheryl continued to devote her time to the racing industry serving in various roles at the racetrack, most recently as a placing judge at Mahoning Valley. HnR Nothhaft Horse Racing LLC's Prodigy Doll skipped home as the favorite by 8 lengths for trainer Ben Colebrook giving the daughter of Shanghai Bobby her first stakes win.

The horses will return to Hollywood Gaming at Mahoning Valley Race Course in the fall with opening day slated for Friday, October 22 and the $250,000 Steel Valley Sprint set for November 22.

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Sam Houston: Extended Meet Produces 28 Percent Average Handle Increase

The Sam Houston Race Park closed the curtain on a highly successful Thoroughbred live racing season on Saturday, April 3. The 43-day meet, which began on Jan. 8, was one of the best since the northwest Houston racetrack opened in 1994.

A total of $12.6 million in purses were offered for the 2021 Thoroughbred racing season supplemented by House Bill 2463. Passed by the 86th Texas Legislature on September 1, 2019, the bill contributes $25 million annually to the Texas horse racing industry, split equally between Thoroughbred and Quarter Horse interests. Sam Houston Race Park set a very lucrative $2.4 million stakes schedule, up from $1.8 million in 2020.

The Houston Racing Festival on Sunday, Jan. 31 jumped off the pages with a record-setting handle of $5.3 million on the day. The premier day of the season is highlighted by the Grade 3, $300,000 Houston Ladies Classic, won by Letruska, who is pointed to the Grade 1 Apple Blossom at Oaklawn Park and victory by Spooky Channel in the Grade 3, $200,000 Connally Turf Cup. Horsemen and horseplayers responded in an unprecedented fashion, so much so, that purses were increased twice throughout the season.

The end result produced an all-sources handle of $96,440,736, an increase of 57 percent from $61,416,156 wagered over the 35-day meet in 2020 and $41,352,391 for the 2019 season encompassing 32 days.

Average daily handle over the 43 days of live racing was $2,242,808, a 28 percent increase over last year. A total of 424 races were run compared to 337 in 2020 with an average per race handle of $227,500 compared to $182,244 in 2020. Average field size for 2021 was 8.02.

In addition to longtime support from leading North American trainers Steve Asmussen and Karl Broberg, Sam Houston Race Park welcomed new horsemen including New Mexico-based Todd Fincher and west coast conditioners Frank Lucarelli and Jonathan Wong. Trainer J. R. Caldwell was one of many conditioners who began pointing their horses to Houston once it was announced that overnight purses would start at $225,00 per day.

“The 2021 thoroughbred season was a culmination of the blueprint we set into place in 2019,” said Sam Houston Race Park's Senior Director of Racing Operations Frank Hopf. “The success of the 2021 meet is a credit to the tremendous support SHRP received from the owners, trainers, horseplayers, hard-working staff and partners. We will build upon this meet and continue to improve moving forward.”

The leading owner, trainer and jockey awards were presented on the final day of the meeting. Steve Asmussen, won his 13th training title at the northwest Houston racetrack, furthering his respected legacy in Houston. He was honored as top trainer here in 2000, 2002, 2003, 2004, 2005, 2014, 2015, 2016, 2017,2018 2019 and 2020.

Asmussen started 310 runners, finishing with a record of 70 wins, 38 seconds, 50 thirds and earnings of $1,884,600. He won two stakes this season with 2018 Texas Thoroughbred Association (TTA) Horse of the Year Direct Dial taking both the $75,000 H-Town Stakes and the $100,000 Star of Texas.

The nationally prominent horseman, who tops the Equibase leader board in 2021 in both wins and earnings, has always shown his allegiance to Texas racing. Encouraged by the passage of House Bill 2463 by the Texas Legislature on Sept. 1, 2019, which was initiated to boost the state's racing and breeding industry, Asmussen wanted to strengthen his commitment to Texas racing this year.

“The Bill has improved the quality of Texas racing,” stated Asmussen. “To have purses generated by equine generated tax revenues is an excellent model. You can see our surrounding states that have depended on casino funded purses struggle. Look at the handle this year at Sam Houston! This program needs to be supported.”

In addition to the purse and stakes increases, Asmussen lauds the track surfaces in Houston.

“The racing surfaces are excellent and frankly, the main track does not get the credit it deserves,” he added.

Asmussen once again, thanked his longtime assistant, Pablo Ocampo, for overseeing the day-to-day operation in Houston.

“Pablo is the longest continuous employee for me and continues to do a wonderful job,” said Asmussen of Ocampo, who will head next to Lone Star Park.

J. R. Caldwell was second in the standings with 34 victories, including back-to-back stakes victories by Sky Ride. Trainer Austin Gustafson had his best showing this year, winning 29 races and Karl Broberg rounded out the top four conditioners with 22 winners.

This was the seventh leading owner title for Asmussen, who began his streak here in 2005. His runners won 18 races this meet. End Zone Athletics, Inc. continues to be a strong supporter of the Sam Houston meet, finished second with 10 victories. Michael J. and Linda Mazoch finished third with eight wins. Four owners tied for fourth in the standings: Washington based owners Chad and Josh; Winchell Thoroughbreds LLC; Empire Racing Stables LLC and Keene Thoroughbreds LLC.

Jockey Stewart Elliott picked up his first leading rider title at Sam Houston Race Park in pretty much gate-to-wire fashion. The nationally respected veteran rode first call for Asmussen this meet, riding 62 winners from 271 mounts, earning $1,597,545 and finishing in the money at a lofty 55 percent. The successful union between Elliott and Asmussen began in Houston one year ago and continued at Lone Star Park and Remington Park.

“Stewart brings professionalism and consistency in every race he rides,” stated Asmussen.

In turn, Elliott shared his gratitude to the Hall of Fame conditioner.

“I especially have to thank Steve who kept me loaded up pretty good throughout the meet,” he said.

In accepting his leading rider award, Elliott also acknowledged the support of his wife, Lilibeth and son Christopher, as well as his agent, Scott Hare.

Versatile on turf and dirt, Elliott guided Texas-bred Direct Dial to his two stakes wins this season calling the W.S. Farish homebred “a really cool horse”.

Elliott, 55, will head to Lone Star Park for their 2021 Thoroughbred meet. He began riding in 1981 and has a remarkable 5,133 career wins, including the victory aboard 2004 Kentucky Derby and Preakness winner Smarty Jones. Retirement talk will have to wait for now, as Elliott is truly enjoying this stage of his exceptional career.

“It's been great,” he acknowledged. “I'm looking forward to Lone Star and hope to keep things going.”

Ry Eikleberry was a new addition to the Sam Houston jockey colony this year and made an impressive debut, winning 42 races to finish second in the standings. Leandro Goncalves also had an excellent meet, with 41 victories, including his 2,000th career race on March 27. Lane Luzzi continues to be one of the up and coming riders in the region. The son of New York veteran jockey Mike Luzzi made 35 trips to the winner's circle to finish fourth this year.

Sam Houston Race Park will host its annual Quarter Horse meet beginning Friday, April 23. The 23-day season will continue through Saturday, June 12. A complete list of the 2021 Quarter Horse schedule, including trial dates, is available on shrp.com.

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Economic Indicators: Average Daily Wagering Sees Slight Decline In March

Equibase, LLC released its third monthly report of 2021 on Economic Indicators in Thoroughbred Racing on Monday, April 5. Due to the COVID-19 pandemic, Equibase has been providing monthly 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.

With the return of March Madness in 2021, the competition for a wagering dollar increased dramatically over the same period in 2020, when the tournaments were cancelled due to the pandemic. Accordingly, the average daily wagering in March of 2021 showed a 3.25 percent decline over the same month in 2020, when there was almost no competition outside the racing industry.

However, increased race days in March of 2021 (292, compared to 214 in 2020) meant that the overall wagering totals showed a 32 percent increase to $965 million.

Year-to-date wagering remains up 10.27 percent over the first quarter of 2020, while average wagering for the first three months of 2021 remains strong at 14.15 percent higher than the same period last year.

Moving forward, the continued return of fans to the racetracks could play a major role in handle, as those fans will shift from primarily ADW wagering to in-person.

March 2021 vs. March 2020
Indicator March 2021 March 2020 % Change
Wagering on U.S. Races* $965,796,545 $731,609,777 +32.01%
U.S. Purses $81,797,768 $55,774,436 +46.66%
U.S. Race Days 292 214 +36.45%
U.S. Races 2,563 1,787 +43.42%
U.S. Starts 19,452 13,919 +39.75%
Average Field Size 7.59 7.79 -2.56%
Average Wagering Per Race Day $3,307,522 $3,418,737 -3.25%
Average Purses Per Race Day $280,129 $260,628 +7.48%

 

 

1st QTR 2021 vs. 1st QTR 2020
Indicator 1st QTR 2021 1st QTR 2020 % Change
Wagering on U.S. Races* $2,766,096,277 $2,508,529,406 +10.27%
U.S. Purses $214,998,406 $205,227,651 +4.76%
U.S. Race Days 766 793 -3.40%
U.S. Races 6,702 6,616 +1.30%
U.S. Starts 52,211 51,973 +0.46%
Average Field Size 7.79 7.86 -0.83%
Average Wagering Per Race Day $3,611,092 $3,163,341 +14.15%
Average Purses Per Race Day $280,677 $258,799 +8.45%

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

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Runhappy Santa Anita Derby Card Produces High Handle Number

The card for the 84th GI Runhappy Santa Anita Derby produced all-sources pari-mutuel handle of $24,282,400 Saturday. This was the largest Santa Anita Derby day handle since 2007. In addition, fans returned to the Arcadia oval on a restricted basis, with 8,246 on-track for the 12-race program. It was the first time in over a year that fans were allowed back at Santa Anita since the COVID-19 pandemic began last winter.

Rock Your World (Candy Ride {Arg}) saluted in the day's feature event, the GI Runhappy Santa Anita Derby for Hronis Racing and trainer John Sadler. Soothsay (Distorted Humor) gave trainer Richard Mandella his fourth GII Santa Anita Oaks for Claiborne Farm, Perry Bass II, Ramona Bass and Adele Dilschneider. Trainer Phil D'Amato leads in the trainers' standings with 29, one better than Bob Baffert. Flavien Prat holds a sizeable advantage in the jockeys' equivalent with 80 wins to 50 for Juan Hernandez.

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