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Hoosier Park's purses increase by 9 percent

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July 22, 2010

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Hoosier Park Racing & Casino concluded its 2010 Standardbred racing season Sunday, July 11. The 80-day meet included numerous special events, increased on-track business levels, and a new overall track record of 1:48.1 produced by Shark Gesture in the tracks� signature harness event, the $200,000 Dan Patch Invitational Pace.

One of the most notable improvements during the Standardbred season was the increase in purses. A total of $11,912,150 was distributed during the meet, a nine percent increase over total purses paid out during the 2009 meet of $10,836,750. Average purses per race rose 17 percent to $12,281, up from $10,430 during the 2009 meet.

�I am very pleased with the success of our 2010 Standardbred meet,� said Jeff Smith, general manager of racing. �Total purse distribution of just under $12 million was a 71 percent increase over our total purse distribution of $6.8 million in 2007, the year before our casino opened. That is a tremendous boost to our entire racing industry in Indiana.�

Average starters per race increased to 9.55 starters per race in 2010 compared to 9.31 starters per race in 2009.

Average on-track handle per race also saw a five percent increase compared to 2009. While on-track handle per race was up slightly, total live on-track handle in 2010 was down slightly to $2,344,633 compared to $2,396,283 in 2009, due to fewer races being held. That translate to an average handle of $29,307 per card. (Hoosier Park)

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