Purses at the Meadowlands have been reduced by 10 percent, effective last Sunday, with the reduction coming as a result of a recent decline in wagering. A Meadowlands official told harnessracing.com the track is trying to avoid an overpayment; in 2008, the Meadowlands had nearly $1 million in purse overpayments.
“We had to take a conservative approach to avoid any large overpayment situations like we had in 2008,” explained Alex Dadoyan, assistant vice president of off-track wagering and simulcasting. “Through the first six weeks of 2009, our site handle (wagering on other signals) was down significantly so we had to take a step back on purses. We will have the opportunity to monitor generated money in the coming weeks and months and act accordingly.”
|
Home :: News Archive :: Racing Reports :: Sale Reports :: Calendars :: Guide Directory :: Contact The Staff
Advertising Rates & Information For: Horseman And Fair World Magazine :: HarnessRacing.com :: Harness Racing Weekend Preview
Website Design by eLink Design, Inc. A Lexington Web Design Company :: Hosted by Intelliwire, LLC, An Offsite Backup Company
Site contents may not be reproduced without the expressed written consent of the publisher.
© 2012 Horseman Publishing Co., Lexington KY, All Rights Reserved
Advertising Rates & Information For: Horseman And Fair World Magazine :: HarnessRacing.com :: Harness Racing Weekend Preview
Website Design by eLink Design, Inc. A Lexington Web Design Company :: Hosted by Intelliwire, LLC, An Offsite Backup Company
Site contents may not be reproduced without the expressed written consent of the publisher.
© 2012 Horseman Publishing Co., Lexington KY, All Rights Reserved