WFD Shows Wagering Gains In 2012

Published: May 29, 2012 03:49 pm EDT

The Raceway at The Western Fair District wrapped up its 2011/2012 racing season this past Friday night on a high with wagering so far this year showing significant gains

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Although all sources handle was down slightly on the Molson Pace program (down 7.5 per cent from 2011), the live handle was up 11 per cent to $140,000 for the card. Total handle for the night checked in at $340,000.

"The competition in the simulcast market on weekend nights is getting fiercer and fiercer," said WFD Racing Manager Ian Fleming. "So, considering that, we're relatively pleased with the numbers. We wanted to focus on growing the live wagering and we were able to accomplish that."

Since January 1 of this year, $3,722,947 more has been wagered on races at the WFD compared to the same period last year. The difference marks a 26 per cent increase over 2011 totals with the same number of programs and races conducted.

The live handle at the WFD also showed a 5.4 per cent bump over last year’s numbers.

“We are encouraged by the numbers considering all of the challenges faced these last few months,” Fleming said. “In the 2010/2011 season, we bet $300,000 or more four times, while this year we topped that total 19 times, so we really seemed to gain momentum in the New Year.

“We look forward to carrying that forward and bringing some further enhancements on the wagering side when we return with live racing this fall.”

(WFD)

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