Tampa Bay Downs Announces 10 Percent Purse Increase

Tampa Bay Downs horsemen and horsewomen will benefit from another increase in purse money beginning with Wednesday’s card.

The approximate 10-percent boost will provide a $1,000 increase for all maiden special weight, allowance, claiming and starter races.

Peter Berube, the track’s Vice President-General Manager, said a double-digit gain in simulcast wagering has more than offset a decline in on-track wagering, making the second increase of the 2020-2021 meeting possible. The track had raised purses by approximately 10 percent on Dec. 16.

Tampa Bay Downs is averaging $4.1-million in daily handle on its product, a 15-percent increase from the same period last season. On-track wagering has fallen 25 percent, mostly attributable to the effect of COVID-19 on attendance.

“Our Thoroughbred signal is among the most popular in the country each winter and continues to gain new players, thanks to the size of our fields (an average of 8.4 horses a race) and our outstanding turf program,” Berube said. “We are pleased to use the increased revenue to support the people who make our racing competitive and challenging for serious handicappers and $2 bettors alike.”

The post Tampa Bay Downs Announces 10 Percent Purse Increase appeared first on Horse Racing News | Paulick Report.

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