New Scheduling Tool designed to maximize handle
InCompass Solutions Inc., a subsidiary of The Jockey Club,
announced Friday that it has completed development of an analytic Scheduling Tool
designed to maximize handle for its customer racetracks.
"When the McKinsey team conducted a comprehensive economic
study of the Thoroughbred industry for The Jockey Club in 2011, they found that
a predictive industry utility used by multiple tracks would benefit tracks,
horsemen and fans," said Brad Kimbrell, the president of InCompass. "It has been
well documented that our consumers are frustrated by overlapping post times of
simulcast races and the use of this scheduling tool should help alleviate that
problem."
The Scheduling Tool projects handle based on a
comprehensive set of variables, including expected field size, post time and the
quality of races being offered by competing tracks. It also recommends the
optimal placement of individual races on the card, thus providing benefits to
racing facilities of all sizes.
Developed by InCompass and The Jockey Club Technology
Services in collaboration with McKinsey & Company, the Scheduling Tool is
already in use at 10 racetracks, and Kimbrell expects it to be adopted by many
more in 2013.
The Scheduling Tool, which complements a Post Time
Coordination Tool that InCompass introduced in March 2011, is offered free of
charge to all Thoroughbred racetracks that are InCompass customers.
After a successful beta test this past spring at Turfway
Park, the Scheduling Tool is now being used at Churchill Downs, Fair Grounds,
Hoosier, Keeneland, Laurel, Monmouth Park, Parx Racing, Pimlico, Santa Anita and
Turfway Park.
Sal Sinatra, director of racing at Parx Racing, believes
the Scheduling Tool provides a variety of benefits and efficiencies.
"What I like most about the Scheduling Tool is that it
enables me to place my races, regardless of class, in the most opportune
position on the race card after taking into account the schedule of races at
other tracks on a given day," Sinatra said.
Additional information about the Scheduling Tool may be
obtained by contacting Chris Dobbins, business development manager of InCompass,
at
cdobbins@incompass-solutions.com or 859-296-3013.
InCompass is a technology solutions company formed in 2001 to centralize the
software applications and systems that serve North American racetracks and
simulcast outlets.
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