Santa Anita Park officials blamed February's rain for a 12.8 percent drop in average daily attendance at Santa Anita Park, but were heartened because the total money bet on and off track soared to a record of more than $1 billion.
More than $1.2 million was bet across the state in the first 11 days that computer and telephone betting was approved in this state. It is known as account wagering. There is no way of telling yet if this is affecting attendance and live betting at Santa Anita Park. Two providers of online betting, XpressBet and TV Games, where approved by the California Horse Racing Board. Xpress Bet is owned by Magna Corp., which owns Santa Anita Park.
55,130 racing fans saw the 10th Breeder's Cup, which included the upset 133-1 final race win by Arcangues. Over $36 million was wagered, including $15 million in on-track betting.
Air conditioning is being installed at the track as part of $3.4 million in improvements being made this summer in preparation for the first season of inter-track wagering offered at Santa Anita Park this year from July 27 to September 14.
Santa Anita Park concluded its 2002-2003 season on April 20 with a total of more than $1 billion wagered during the 85-day meet. Average daily handle was $11.8 million, representing a decrease of approximately 2% from 2002.
Trouble at Santa Anita Park. According to figures taken from Equibase, Santa Anita Park's total handle was down $77.1 million, or 17.7% from a year ago. If the current trend continues, the track's all-sources handle could show a decline of more than $100 million for the 2010-2011 meet. George Haines, the president of Santa Anita Park, has other troubles, including some wet weather, a players' boycott, and the inconsistencies of a new dirt racing surface.
The City Council approved a $3.4 million new fire station project bid by Merco Construction Engineers in Camarillo. The building will cost 20% more than originally estimated.
Santa Anita Park completed its most successful season ever with $445 million wagered. Total attendance was also an all-time high. The admission tax netted the city $1.1 million. The Park's other contributions to the city are discussed.
Santa Anita Park opens the 2010-2011 season with a new $3 million dirt surface on its track. The on-track attendance was 34,268, which was 1,400 less than last year. Trumpeter Jay Cohen calls the horses to the gate (photo).
Arcadia was a finalist for the most business friendly city award from Los Angeles County Economic Development Corporation but did not win. Winners are decided based on their demonstrated commitment to economic development, what programs they had to facilitate business, how they developed their economy over the last 3 years, business tax rates, fee structures, economic incentives, and communication with business clients.
Santa Anita Park will reduce its work force by merging departments. More than 100 full-time and seasonal positions will be affected--including some layoffs and some full-time positions becoming part-time positions, said Greg Avioli, CEO and President of Stronach Entertainment, the track's parent company. The shift to off-track betting and account wagering has brought less revenue to the race track.
5,133 attended the first day of inter-track wagering at Santa Anita Park where wagering was offered on racing at Del Mar. $1,069,980 was wagered on the simulcast races. Santa Anita Park is one of 10 off-track wagering satellites.
City Council delayed action on racetrack tax. Tucker Bill provides that a city with race track be given .33 of 1% of the parimutual wagers instead of charging admission tax.
San Gabriel Valley cities struggle to get up and running in the wake of a powerful Santa Ana-fueled windstorm that downed trees and caused power outages. In Arcadia, damage to trees in the Los Angeles County Arboretum was extensive. Arcadia Mayor Gary Kovacic said the storm downed more than 500 trees and seven buildings had been red-tagged. Damage estimates were pegged at more than $1 million. Santa Anita Park reopened for simulcast wagering yesterday. Photos.
The Friends of the Arcadia Public Library's 30th annual book sale drew larger than usual crowds, with sales amounting to more than $9000, $1000 more than sales made in 1987.
An ordinance will be introduced for first reading by Arcadia City Council whereby the city would receive .33 of 1% of parimutuel wagers at Santa Anita Park race track. If ordinance is approved, city would eliminate admission tax.
Lava Man, with exercise rider Tony Romero, takes a jog on the Santa Anita Park race track's new surface, a Cushion Track that cost more than $10 million.
The Arcadia Educational Foundation raised about $90,000 for Arcadia schools over the last year by selling more than $1.4 million in "scrip" or vouchers for groceries.