20th SPRING THOROUGHBRED SEASON CONCLUDES WITH POSITIVE GAIN FROM LIVE HANDLE

For Immediate Release
Friday, July 22, 2016

 

GRAND PRAIRIE, Texas (Friday, July 22, 2016) – Lone Star Park concluded its 20th Spring Thoroughbred Racing Season Sunday, July 17 with a 6 percent increase in off-track live wagering, raising the total amount wagered on our live racing product by 1.8 percent.

“We’re happy with the increase in live product wagering, especially the off-track numbers,” said President and General Manager, Scott Wells. “It shows that interest from national simulcast customers has increased in our live product offering.”

Attendance during the 2016 Spring Thoroughbred Season, which was conducted over 50 dates between April 7 and July 17, totaled 362,457, a slight decline of 1 percent compared to 366,720 during the 50-date 2015 season. Average daily attendance was 7,249 compared to 7,325 a year ago.

80,806 music fans attended the six concerts that made up the highly successful 2016 Lone Star Music Series, one less than the seven staged in 2015. Average per concert attendance was 13,468 vs. the per concert average of 13,392 in 2015.

Total on-track simulcast wagering was $25.7 million compared to the $26.7 million wagered in 2015 a decline of 3.9 percent.

On-track live wagering slipped 7.9 percent to $11.2 million compared to last year’s total of $12.1 million.

The total amount wagered on the live product, both on and off-track, rose 1.8 percent to $41.6 million versus $40.8 million last year. Daily averages were $832,433 compared to $817,320 one year ago.

Overall, there was a slight decline of just .4 percent in all-sources wagering. $67.3 million was wagered during the meet as opposed to $67.6 million wagered in 2015.

On the track, a total of 3,582 starters competed in 451 races. Average field size was 7.94 compared the 2015 National average (U.S. & Canada) of 7.82 according to the Jockey Club. Lone Star Park’s average daily purses were up 5.5 percent at $147,801 compared to $140,099 from last season. 

“Once again we exceeded the national average in field size and we had the participation of some of the greatest owners, trainers and jockeys in North America,” said Wells.

Season Leaders, With 99 wins, 2015’s leading rider C. J. McMahon won his second consecutive riding title. Iram Vargas Diego finished second with 84 winners and top rider of 2014 David Cabrera finished third with 47 wins.

Trainer Karl Broberg captured his third consecutive Lone Star Park training title with 61 wins. All-time leader Steve Asmussen claimed the runner-up spot in the trainer standings with 51 wins, and two-time leading trainer Bret Calhoun (2010-11) finished third with 42 wins.

Lone Star Park’s all-time leading trainer, Steve Asmussen, captured his first ever owner title at the Grand Prairie track.  Asmussen and End Zone Athletics were tied at 20 wins each as of Friday night. On Saturday Asmussen took home two wins to take the lead and held on to close out the meeting on top at 22 to 20. 

Season Champions Stats At A Glance 

Champion Jockey –C. J. McMahon (290-99-55-34—$1,366,529) 2nd Lone Star Park riding title   

Champion Trainer – Karl Broberg (187-61-40-26—$673,912) 3rd Lone Star Park training title  

Champion Owner – Steve Asmussen (52-22-5-12—$220,361) 1st Lone Star Park owners title  

Lone Star Park’s 26-day, 2016 Fall Meeting of Champions for American Quarter Horses will be held from September 16 to November 12 with live racing on Thursday, Friday and Saturday nights at 6:35 p.m. For more information on Lone Star Park visit LoneStarPark.com.                         


Total business levels for the 50-day season are as follows:
 

Total Attendance & Handle 

2016 (50 dates)

2015 (50 dates)

+/-

Attendance:

362,457

366,270

     -1%

On-Track, Live Handle:

$11.2 million

$12.2 million

  -7.9%

Simulcast-In Handle:

$25.7 million

$26.7 million

  -3.9%

Off-Track, Export Handle:

$30.4 million

$28.7 million

    +6%

Live Product/Merge Handle (On-Track, Live & Off-Track):

$41.6 million

$40.9 million

 +1.8%

On-Track Total (Live Handle, Simulcast-In):

$36.5 million

$38.9 million

  -6.2%

All-Sources (On-Track, Live & Off-Track, Simulcast-In):

$66.9 million

$67.6 million

      -1%

 

 

 

 

Daily Attendance & Handle Averages

2016 (50 dates)

2015 (50 dates)

   +/-

Attendance:

7,249

7,325

     -1%

On-Track, Live Handle:

$224,367

$243,532

  -7.9%

Simulcast-In Handle:

$513,073

$534,145

  -3.9%

Off-Track, Export Handle:

$608,066

$573,788

    +6%

Live Product/Merge Handle (On-Track, Live & Off-Track):

$832,433

$817,320

 +1.8%

On-Track Total (Live Handle, Simulcast-In):

$729,288

$777,677

  -6.2%

All-Sources (On-Track, Live & Off-Track, Simulcast-In):

$1,337,354 

$1,351,464 

     -1%


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Lone Star Park at Grand Prairie, a Class I racetrack operated by Texas Partners LSP and GG LSP. The track offers a 50-day 2016 Spring Thoroughbred Season, which opens Thursday, April 7 and concludes on Sunday, July 17.  Live racing will be held three days a week, Friday & Saturday at 7:05 p.m. (except Triple Crown Days May 7, May 21 & June 11 which have a 2:05 p.m. start) and Sundays at 2:05 p.m. Live racing will be held on select Thursdays at 7:05 p.m. (April 7 & 21; May 19; June 16; July 14). The racing program on Memorial Day, May 30, will start at 2:05 p.m. A special twilight program will be held at 5 p.m. both on Sunday, July 3 and Monday, July 4 (Lone Stars & Stripes Fireworks Celebration). For more information on Lone Star Park visit LoneStarPark.com or follow us on Facebook and Twitter.

Lone Star Park is also home to the multi-million dollar simulcast racebook, sports bar and event venue, Bar & Book. The 36,000 square foot venue is open to the public 363 days a year.

Global Gaming Solutions, LLC (GGS), is a wholly owned subsidiary of the Chickasaw Nation with a primary business focus of pursuing entertainment, gaming and racing related opportunities in emerging jurisdictions in the United States and overseas as well as acquisition of regional gaming and entertainment assets. GGS LLC is the parent company of GG RP, which owns Remington Park in Oklahoma City, OK and GG LSP, which owns a significant stake in Lone Star Park. GG LSP is the track operator who owns the license to operate Lone Star Park and leases the property from the Grand Prairie Sports Facilities Development Corporation.

 

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