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Kentucky Downs records all time weekly record for historical horse racing

Horse racing Kentucky DownsKentucky Downs recorded $8,425,830 in pari-mutuel handle on historical horse racing from June 29 to July 5, to set an all-time weekly record, besting the old mark of $8,332,610, set Feb. 24 to March 2, 2014. The record business levels followed Kentucky Horse Racing Commission (KHRC) approval of 10 new wagers from the Encore system at its meeting on June 29. Kentucky Downs began using the Encore terminals and wagers on April 2.

“It was very gratifying to see how our customers reacted to the new wagering mix,” commented Kentucky Downs President Corey Johnsen. “I would like to thank the KHRC for their efforts and continued support. I would also like to recognize the operational teams from Encore and Kentucky Downs for making this a seamless transition for our customers.”

uly 1 was the first day of full installation of the new games, with 165 of the 500 terminals on the floor offering the newly approved wagers. Kentucky Downs’ patrons showed their enthusiasm for the new product by setting a new record for a Wednesday, with historical horse racing handle of $1,098,041.

“I am very optimistic about this new product offering at Kentucky Downs,” said Johnsen. “This continues to support the hundreds of jobs that have been created in South Central Kentucky. The positive business trend will also have a major impact on the State of Kentucky with increased pari-mutuel taxes and more money to its signature horse industry in purses, Kentucky Thoroughbred Development Fund monies and breeders’ awards.”

Kentucky Downs will offer five days of live racing from Sept. 5 – 19. The track, located in Franklin, Kentucky, will offer total purses and KTDF monies of more than $7.5 million.

About Kentucky Downs: Located near the Kentucky-Tennessee border off Interstate 65, the year-round entertainment center offers live racing on its unique mile and five-sixteenth European-style turf course in September. Simulcasting is available seven days a week, as well as pari-mutuel wagering on historical horse races, charitable gaming, dining and other events. Horse racing has been conducted at the facility since 1990, when it was called Dueling Grounds Race Course.

(Source: Kentucky Downs)


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