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Meadowlands Racetrack handle rises in Q13 April 2019(PRESS RELEASE) -- The Meadowlands Racetrack has seen an increase of 28% in all sources wagering on the live racing product over the first quarter of 2019 vs the 2018 figures. Thus far in 2019 the amount wagered on Meadowlands races both live in the building and on the exported signal is $73,429,590 against $56,969,899 over the first quarter of 2018. Further broken down, the handle increase in the live on track is at 15% while the exported signal is 30% higher than last year. "We believe that the purse subsidy has had the positive effect on handle that we expected. Hopefully the positive momentum we have established will continue as we enter the next phase of the racing season with the younger horses coming back followed closely by the Grand Circuit stakes season," said Meadowlands Chairman and CEO Jeff Gural. |