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Author Topic: Betting tops a Billion 1963  (Read 233 times)
wilderness
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« on: November 05, 2010, 12:29:18 PM »

from Dec 11, 1963 Harness Horse.

Betting Tops One Billion For First Time

The harness racing fans in the United States passed two milestones this year. They wagered $1,067,090,033, the first billion dollar year in the history of the sport, and they set a new record also in attendance, 18.9 million, according to a report from the United States Trotting Association. The new betting figure represented an increase of 14 per cent over 1962. Attendance was UP 13 per cent, Walter J. Michael, USTA president, reported.

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wilderness
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« Reply #1 on: November 05, 2010, 12:31:10 PM »

from same Dec 11, 1963 Harness Horse:

Illinois Receives Over Six Million In Revenue During Record Campaign Of 1963 State revenue from harness racing topped the 6-1/4 million dollar mark in 1963, the sport's greatest boom year in Illinois history, as 2,289,922 fans wagered $112,825,918.

The 1963 campaign not only smashed all Illinois records but also rolled up the sport's biggest single season gains here in attendance, wagering, and state revenue.

A report to Gov. Otto Kerner by Illinois Harness Racing Commissioners Thomas Bradley, James Hayes and Walter Murphy showed:

The pari‑mutuel handle over 235 racing days this year was up $22,686,811, a gain of 25.2 per cent over the former record of $90,139,107 wagered in 229 nights last year.
State revenue also soared 25.2 per cent to $6,281,910, a gain of $1,262,915 over 1962.

Attendance this year at Washington, Maywood and Sportsman's Parks registered an increase of 626,013, or 37.6 per cent, over last year's former record of 1,663,909.

Daily average records also were established this season. Average attendance was 9,744, an increase of nearly 2,500 fans a night over the mark of 7,266 set in 1962. The daily wagering average was $480,110, up 22 per cent over the former record of $393,621 achieved last year.

Opening a week earlier than last year, the 1963 season jumped off to the sport's best start as 53,111 fans (nightly average 8,852) wagered $2,044,565 (average $340,761) at a 6‑night charity meeting in February at Washington Park. Other attendance and wagering figures for 1963:
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wilderness
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« Reply #2 on: November 05, 2010, 12:32:34 PM »

from same Dec 11, 1963 Harness Horse.

Yonkers Handle $1,942,454 Record Avenge
OFFICIALS BELIEVE TWO MILLION MIGHT HAVE BEEN REACHED WITHOUT VIRUS OR CLASSIFICATION CHANGE

Though financially successful, the 1963 split season at Yonkers Raceway was somewhat dimmed by an epidemic of equine virus infection which swept the Raceway in May, and by the introduction in August of the new, mandatory Condition and Claiming race classification system—a system which had been opposed before the New York Harness Racing Commission by president Martin Tananbaum and racing secretary A. E. (Ted) Gibbons.

During the 73‑night Winter‑Spring Meeting 1,681,335 fans attended to wager an excellent nightly average of $1,924,491. This meeting, employing A‑B‑C Letter Classification throughout, seemed headed for a recordsmashing $2,000,000 nightly betting average when the virus epidemic struck the barn area.

The shorter Summer Meeting of 46 nights saw 1,114,811 fans attend and bet an average of $1,970,961, a figure that might have exceeded the magic $2,000,000 mark were it not for the introduction of Condition and Claiming race classification.

Overall, 2,829,448 persons passed the turnstiles during the two meetings for a nightly average of 23,776. They wagered an aggregate of $231,152,108, for an average of $1,942,454, highest in history. Nonetheless, as impressive as the latter may seem, it is felt by track management that the equine virus siege, combined with new classification, deprived New York State of some $800,000, in revenues.
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vaporize
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« Reply #3 on: November 05, 2010, 12:46:16 PM »

Does were the days my friend we thought they'd never end.
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wilderness
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« Reply #4 on: November 05, 2010, 12:52:50 PM »

Might anybody have any numbers on what the Illinois State Revenue was on wagering (both on-track and exported residents from within Illinois) for 2009?

 There should be three numbers:
1) On track wagering Illinois Revenue.
2) Exported Illinois Revenue dollars,
3) Imported Illinois Reveune dollars (from other states residents).

 These combination of relatively new methods make comparisons with earlier years difficult.
 Even make compilation of the overall numbers difficult.

 
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