Monday, January 10, 2011


HALLANDALE BEACH, FL – Gulfstream Park Racing & Casino announced today significant increases in handle and attendance during the first five days of its 2011 Thoroughbred meet.

Comparing the first five days of 2011 with the first five days of 2010 – and taking into account a midweek opening this year as compared to a Sunday opening in 2010 – Gulfstream’s attendance is up 32.6 percent, from 22,008 last year to 29,184.

Wagering on Gulfstream’s live product on-track is up 28.3 percent, from $2,519,723 last year to $3,233,966. Meanwhile, total wagering on Gulfstream’s live product rose from $29,203,934 last year to $34,226,794, an increase of 17.2 percent.

“It’s been a sensational opening,” said Timothy Ritvo, VP of Racing, MI Developments Inc. “Our attendance is up, handle on our product is up across the country, and the racing and weather has been incredible. We’ve also had positive response to the low 15 percent takeout on our 50-cent Pick-5 and on our 10-cent Rainbow 6.

“We spent considerable time this fall listening to our fans and asking them what they wanted, not only in terms of wagering but their on-track experience. We will remain steadfast in our commitment to improving the on-track experience and in giving fans throughout the country the best racing programs. We’re optimistic this trend will continue, resulting in purse increases and lower takeouts.”

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