Brendan Walsh Joins Writers’ Room 2020 Wrap-Up Show

It’s been an eventful year to say the least, and Wednesday morning, the crew of the TDN Writers’ Room presented by Keeneland wrapped up the biggest stories of 2020 and looked forward to the promise of a new year with an assist from trainer Brendan Walsh. Calling in via Zoom as the Green Group Guest of the Week for the second time, Walsh talked about the highly-anticipated return of barn star Maxfield (Street Sense), what his hopes are for the implementation of the Horseracing Integrity and Safety Act and trainees he’s excited about sending out in 2021.

Maxfield, a blowout victor of the 2019 GI Claiborne Breeders’ Futurity, missed the rest of his 2-year-old season with an ankle injury and, after a victory in the GIII Matt Winn S. in his sophomore debut, had to be taken off the GI Kentucky Derby trail soon after with a condylar fracture. Returning to training in late September, he’s set to run for just the fourth time in Saturday’s Tenacious S. at Fair Grounds.

Asked about how he manages the mental toll of conditioning the talented but oft-injured Maxfield, Walsh said, “It’s been disappointing and frustrating each time [he’s gotten hurt], but the saving grace of it all is the fact that the horse could come back from when he’s gotten inured. There was always something in the future. As far as fractures go, it was non-displaced and a pretty easy fix. I’ve had lots of horses with fractures like this and the recovery rate is actually very high for them. So yeah, it was disappointing, especially this year, because it meant missing a potential chance for the Derby, but we always knew that eventually we were going to get another crack at it late in the game.”

The conversation turned to the expected passage of the HISA in 2021 and how important it would be to establish the kind of centralized regulatory body that the Irish-born Walsh dealt with in the British Horseracing Authority.

“I think we’ve made big, big leaps forward this year,” he said. “Last time I was on the show, we touched on this and I wasn’t totally confident about it happening. But it looks now like there’s a very good chance it will happen. I think it’s highly essential that it happens for racing here. We’ve made a lot of advances in various states with medication policies, etc. but it’s very important to have a uniform policy all over the country. It’s going to make it easier on everybody because people will have a clearer picture on medications we are and aren’t allowed to use. That’s what we’d all like to have.”

Elsewhere on the show, the writers assessed where the industry stands with its most pressing issues such as the FBI indictments, HISA, equine safety and handle trends and how they expect and want those stories to develop in 2021. In the West Point Thoroughbreds news segment, they talked about the demise of greyhound racing and how horse racing’s powers that be may be finally acting just in time to save their industry. Then they discussed what horses they’re most looking forward to seeing next year and relived the best of host Joe Bianca’s 2020 rants. Click here to watch the podcast; click here for the audio-only version.

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With Fewer Race Days, Aqueduct Fall Meet Sees 12.8 Percent Increase In Average Daily Handle

The New York Racing Association, Inc. (NYRA) today announced the 2020 fall meet at Aqueduct Racetrack generated $9,261,276 in average daily handle from all sources, a 12.8 percent increase over the 2019 Aqueduct fall meet.

The 2020 fall meet, which was conducted over 18 race days, generated all sources handle of $166,702,976. The 2019 fall meet, which was conducted over 25 race days, generated all sources handle of $205,249,710. A total of 175 races were run in 2020, equating to 58 fewer than the number of races run in 2019.

Of the 175 races run during the fall meet, 107 were held on the main track and 68 over the two turf courses. Average field size over those 175 races was 8.67, a 3.2 percent increase over 2019. A total of 11 races were taken off the turf due to weather.

The 2020 fall meet was highlighted by 29 stakes, including 11 graded events, worth $3.41 million in purse money, and ran from Friday, Nov. 6 through Sunday, Dec. 6.

Kendrick Carmouche registered his first-ever riding title for a NYRA meet, notching 23 victories to pace all jockeys during the fall meet at Aqueduct. Christophe Clement also secured his first NYRA title by tallying 16 wins to lead all trainers, while Klaravich Stables and Repole Stables each campaigned five winners to finish as co-leading owners.

The Aqueduct fall meet was conducted without spectators and with only a limited number of essential personnel, horsemen and owners on-site due to the continued impact of the COVID-19 pandemic.

The 2020-21 winter meet at Aqueduct will begin on Thursday, December 10 and continue through Sunday, March 28. The 56-day Aqueduct winter meet will include 42 stakes races worth $4.57 million in purse money.

New York state currently requires all racetracks to operate without spectators in attendance to combat the spread of COVID-19. As was the case during the Aqueduct fall meet, a limited number of New York State Gaming Commission-licensed owners will be permitted at Aqueduct on the day their horse is entered to race.

NYRA Bets is the official wagering platform of Aqueduct Racetrack, and the best way to bet every race of the winter meet. Available to horseplayers nationwide, NYRA Bets is currently offering a $200 new member bonus in addition to a host of special weekly offers. The NYRA Bets app is available for download today on iOS and Android at www.NYRABets.com.

For additional information, and the complete winter meet stakes schedule, please visit https://www.nyra.com/aqueduct/racing/stakes-schedule.

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Economic Indicators: Average Daily Handle Continues To Show Increases

Equibase, LLC released its monthly report on Economic Indicators in Thoroughbred Racing this Friday, Dec. 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.

The Breeders' Cup was held during the first weekend of November at Keeneland, but handle was down eight percent from the record set in 2019. The total handle for the month of November was down 6.33 percent in 2020 versus the same month in 2019.

Overall, wagering in 2020 is down 1.48 percent through November, and average daily wagering continues to show a positive trend as well, up 33.78 percent through the first 11 months of 2020 compared to the first 11 months of 2019.

Average field size is up to 7.91 starters per race in 2020, compared to 7.49 in 2019, while the total number of races run is down 24.52 percent through November.

November 2020 vs. November 2019
Indicator November 2020 November 2019 % Change
Wagering on U.S. Races* $895,325,220 $955,843,009 -6.33%
U.S. Purses $92,058,080 $115,756,315 -20.47%
U.S. Race Days 224 324 -30.86%
U.S. Races 1,945 2,730 -28.75%
U.S. Starts 16,236 21,839 -25.66%
Average Field Size 8.35 8.00 +4.35%
Average Wagering Per Race Day $3,996,988 $2,950,133 +35.49%
Average Purses Per Race Day $410,974 $357,273 +15.03%
YTD 2020 vs. YTD 2019
Indicator YTD 2020 YTD 2019 % Change
Wagering on U.S. Races* $10,173,203,539 $10,326,096,192 -1.48%
U.S. Purses $812,146,506 $1,101,605,086 -26.28%
U.S. Race Days 3,073 4,173 -26.36%
U.S. Races 25,692 34,038 -24.52%
U.S. Starts 203,122 254,992 -20.34%
Average Field Size 7.91 7.49 +5.54%
Average Wagering Per Race Day $3,310,512 $2,474,502 +33.78%
Average Purses Per Race Day $264,285 $263,984 +0.11%

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

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Meet Shortened By Nearly One Third, Woodbine Handle Drops Only 10.5 Percent

Woodbine Entertainment announced Friday that the shortened 2020 Thoroughbred meet produced an all-sources handle of $462,041,545.76, down more than $50 million compared to 2019 ($516,189,419.44).

The 2020 Thoroughbred meet at Woodbine Racetrack included 96 race days as a result of starting late and finishing early. The COVID-19 pandemic postponed the start of the season from April 18 until June 6 and forced it to finish prematurely on Nov. 22, instead of Dec. 13 as scheduled. The shortened season included 35 less race days and 305 less races than in 2019.

“Like many businesses, the COVID-19 pandemic significantly impacted our business and the entire horse racing industry in Ontario,” said Jim Lawson, CEO, Woodbine Entertainment. “However, I am very proud of how we responded and look forward to working with all of our stakeholders as we continue to manage the ongoing impacts caused by the pandemic.”

The shortened season, which had 28 percent less race dates than scheduled (133 race days were originally scheduled), was a primary contributor to a 10.5 percent decrease in all-sources handle. The closure of Woodbine Racetrack and Woodbine Mohawk Park to the public, and the closure of Woodbine Entertainment's Champions' Teletheatre Network, were also significant contributors to the decrease in handle.

“The fact that we were able to limit the decrease in handle to 10.5 percent despite losing nearly a third of our scheduled race dates speaks to the strength of our Thoroughbred racing product and our extensive efforts and focus on our wagering business in response to the pandemic,” said Lawson.

In Woodbine Entertainment's Home Market Area, wagering on Woodbine Thoroughbred racing was $54,810,867.06, down 41 percent compared to last year. In 2019, Woodbine Racetrack contributed $28 million to the all-sources handle on Thoroughbred racing. This year, Woodbine Racetrack only contributed $124,000 to the overall handle due to being closed to the public for most of the year.

However, wagering on Woodbine Thoroughbred racing continued to be strong in Foreign Markets, generating $391,395,974.30 in all-sources handle, which is down less than three percent, despite running 27 percent fewer race cards.

Handle per race was also strong at $509,417.36, up 19.6 percent year over year.

Field size per race was 8.9, up from 8.2 the year prior. The eight and a half percent growth in field size was believed to be a result of the postponed start.

“With the start of the season being postponed more than a month, this allowed more horses to be ready for the start of the season which resulted in increased field sizes,” said Lawson. “While any growth in field size is always encouraging, it continues to be a focus for us as it is impacting our ability to maximize our wagering handle and support the purse payments.”

Although The 161st Queen's Plate was not able to welcome spectators this year, it generated the third highest handle in its history. The 13-race card generated a total of $14,532,678, including $3,494,496 on The Queen's Plate race that saw one-eyed Mighty Heart live up to his name, defeating his 13 rivals after going off at 13-1.

“Overall, we will reflect back on this season as a year of overcoming many challenges that will only strengthen and benefit our industry moving forward,” said Lawson.

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