Handle down for Monmouth meet
Monmouth Park recently concluded its 90-day meet with declines in both
average daily on-track handle and total handle. Average daily on-track wagering reached
$645,523, a decline of 8.5 percent from 2004, while total handle equaled
$3,019,576, 14.4 percent lower from the previous year.
"Unfortunately, declining numbers have been the national trend in racing this
year," said Dennis Dowd, senor vice-president of racing for the New Jersey
Sports and Exposition Authority. "Our handle averages are down, but less than
some of our neighbors here in the East. A lot of factors went into the decline,
including the very hot summer and the loss of many of our turf races, and
eventually the turf course entirely."
The hot weather, which plagued the Oceanport, New Jersey, oval this year,
forced the track to discontinue grass racing after Labor Day. The turf course is
being replaced for next year's meeting in anticipation of Monmouth hosting the
Breeders' Cup in 2007.
"On the plus side, we had a terrific Haskell Day with more than 43,000 on
hand -- our fifth-highest crowd ever -- and our entire stakes schedule drew top
horses from all over the country," Dowd said. "We're encouraged that our
attendance held even with last year. It gives us something to build on for next
year, and we're confident that as we head for the Breeders' Cup in 2007 we're on
the right course to growing our business."
Haskell Day attracted 43,769 on August 7 to Monmouth Park and produced
on-track betting of $3,699,825 with total handle of $12,129,836, the
third-largest total in the track's history.
Joe Bravo captured his 11th riding title, winning 108 races despite missing
six weeks of the meet. The leading trainer honors went to Kelly Breen, who
saddled 38 winners to take home his first Monmouth title. The race for leading
owner produced a three-way tie between Ed Broome, Michael Gill and Peter
Kazamias, all who finished with 13 wins.
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