HBPA, Simulcast Revenue Fuel Purse Increases At Tampa Bay Downs

Tampa Bay Downs in Oldsmar, Fla. will increase purses for all races except stakes by approximately 10-percent beginning on Wednesday, Dec. 16, track Vice President-General Manager Peter Berube announced Wednesday.

The increase will be $1,500 for maiden special weight and allowance races and $1,000 for claiming and starter races.

“Thanks to the efforts of former (Tampa Bay Horsemen's Benevolent and Protective Association) President Bob Jeffries and the approval of their board, we were able to build a substantial cushion in the purse account before the current meeting,” Berube said.

“Our export (simulcast) business has been strong since racing returned on Nov. 25 and is up 29 percent to date,” Berube said.

“We were projecting a 30-35-percent decrease in on-track wagering on live and simulcast racing to start the meeting and those projections have been correct, but the actions of the Tampa Bay HBPA and the popularity of our signal across the country enable us to feel comfortable raising purses starting next week,” Berube said.

Through the first six cards since the 2020-2021 meeting resumed, Tampa Bay Downs has averaged $3,719,055 in daily interstate wagering. The total wagering handle on Saturday's 10-race card was a Cotillion Festival Day record $6,128,282, of which $5,702,369 was through interstate wagering.

Around the oval: Tampa Bay Downs currently races on a Wednesday-Friday-Saturday schedule, with Sundays added to the mix on Dec. 20. Additionally, the track will conduct a Thursday card on Christmas Eve, Dec. 24, and be closed Christmas, Dec. 25.

Otherwise, Tampa Bay Downs is open every day for simulcast wagering, no-limits action and tournament play in The Silks Poker Room and golf fun and instruction at The Downs Golf Practice Facility.

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Purse Increase at Tampa Bay Downs

Tampa Bay Downs will increase purses for all non-stakes purses by approximately 10% beginning Dec. 16. The increase will be $1,500 for maiden special weight and allowance races and $1,000 for claiming and starter races.

“Thanks to the efforts of former [Tampa Bay Horsemen’s Benevolent and Protective Association] President Bob Jeffries and the approval of their board, we were able to build a substantial cushion in the purse account before the current meeting,” Tampa Vice President and General Manager Peter Berube said. “Our export [simulcast] business has been strong since racing returned on Nov. 25 and is up 29% to date. We were projecting a 30-35% decrease in on-track wagering on live and simulcast racing to start the meeting and those projections have been correct, but the actions of the Tampa Bay HBPA and the popularity of our signal across the country enable us to feel comfortable raising purses starting next week.”

Through the first six cards since the 2020-2021 meeting resumed, Tampa Bay Downs has averaged $3,719,055 in daily interstate wagering. The total wagering handle on Saturday’s 10-race card was a Cotillion Festival Day record $6,128,282, of which $5,702,369 was through interstate wagering.

The post Purse Increase at Tampa Bay Downs appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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