The New York Racing Association’s Saratoga Race Course 2016 racing season has come to an end, with the all-sources handle totaling $647,322,503. That figure is almost identical to last year’s number, dipping by less than one percent. The all-sources handle in 2015 was $648,272,805 and that broke its previous high by 10 percent.
Coming close to last year’s handle number was impressive, according to NYRA President Chris Kay, who reminded us that 2015’s meet featured good weather, eight more races, and Triple Crown winner American Pharoah.
“The 2015 season, which saw uncommonly good weather and the presence of a Triple Crown champion, was historical and one for the ages. This year’s meet was outstanding in its own right despite severe storms which forced the cancellation of part of a Saturday race card for the first time in modern history, as well as inclement weather on three Sundays. Even with these challenges, the New York Racing Association generated total handle in line with last year’s record-shattering numbers,” said Kay. “Our success is a reflection of the confidence that our fans and horseplayers have in our ability to deliver a reliable and consistent product of world-class thoroughbred racing and great entertainment. We thank the owners, breeders, trainers, jockeys, fans and the entire community who joined us this summer at Saratoga.”
The 40-day Saratoga meet featured 69 stakes worth $18.75 million in purses. The total purses was $40,990,640, which averaged out to $100,467/purse. Total purses dipped 2.8 percent and the average was down by 1.2 percent compared to 2015.