Pari-mutuel industry suffers bad November
Tampa Bay Business Journal
Florida's pari-mutuel receipts plunged in November. Greyhound racing fell 12 percent to $30.5 million, compared to the same month in 2006. Horse racing dropped 12 percent to $55.9 million.
Tampa Greyhound track reported $5.9 million in total handle, down from $6.2 million in November 2006. The track's racing schedule was run at St. Petersburg's Derby Lane.
Overall, the pari-mutuel industry suffered a nearly $12 million decline in handle during November.
It fared much better in card rooms, as receipts increased to $6.8 million from $3.9 million in November 2006. Derby Lane's poker room dipped slightly, to $583,398. It reported $629,243 in receipts in November 2006.
Competition will ramp up shortly, as the seven casinos operated by the Seminole Tribe add Class III gaming machines and blackjack and baccarat to their product line. Currently pari-mutuel facilities in Broward County are allowed Vegas-style slot machines, but not blackjack and baccarat.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment