Menu
Events and Attractions

New York Racing Association Touts Strong Season At Saratoga Race Course

The New York Racing Association's Reorganization BOD "touted Wednesday what they described as a successful season at Saratoga Race Course, which saw a NYRA record handle" of $656,121,664 -- a 14.1% increase over '14 and "well in excess of the previous record of $590,187,876" set in '12, according to Rick Karlin of the Albany TIMES UNION. NYRA officials also said that there was a "record on-track handle of $157,647,599," or a 4.8% increase over '14. That too, "surpassed the 2012 record of $150,637,998." NYRA President & CEO Chris Kay noted that they recorded a 13.8% "increase in revenue from dining, concessions and merchandising, which was in keeping with a strong attendance of 1,065,625." Triple Crown winner American Pharoah "raced in the Travers Stakes, where attendance was capped at 50,000." The horse "ended up losing to Keen Ice," but American Pharoah's appearance "sparked increased publicity and interest in the meet." NYRA also "raised restaurant seating prices and initiated a program in which visitors could pay to reserve picnic tables near the paddock" (Albany TIMES UNION, 10/22). In New York, Paul Post noted backstretch dormitory improvements, turf course irrigation and tree pruning and removal "are among the ongoing projects" NYRA is tackling at Saratoga. Kay cited "capital improvements as a key reason for the success" of the '15 Saratoga meet, which "saw double-digit increases in all-sources handle" ($697.6M); food, beverage and merchandise sales ($13.2M); and record-high attendance of 1,065,000. Kay said that Saratoga is the "only non-Breeders’ Cup meet to achieve average daily handle" of $16M. NYRA Senior VP & Chief Experience Officer Lynn LaRocca said that a survey of fans indicates that 38% of track-goers "spend nine days and eight nights in Saratoga." Almost half (47%) of visitors "go to the track with groups of family or friends." Of these, 42% of groups "have three to five people." Ninety-nine percent of fans "bet on the races," 40% spend $100-$300 on food and beverages, and 32% spend "at least $75 on merchandise" (SARATOGIAN, 10/22).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2015/10/23/Events-and-Attractions/NYRA.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2015/10/23/Events-and-Attractions/NYRA.aspx

CLOSE