Oklahoma Horse Racing Commission statistical report of operations, Remington Park-mixed breed race meeting

              STATISTICAL AUDIT
Oklahoma Horse Racing Commission
Statistical Report of Operations
Remington Park - Mixed Breed
Race Meeting
March 4, 2011 through May 30, 2011
Oklahoma State
Auditor & Inspector
Gary A. Jones, CPA, CFE
Independently serving the citizens of Oklahoma by promoting the
accountability and fiscal integrity of governmental funds.This publication, issued by the Oklahoma State Auditor and Inspector’s Office as authorized by 74 O.S. § 212, has
not been printed, but is available on the agency’s website (www.sai.ok.gov) and in the Oklahoma Department of
Libraries Publications Clearinghouse Digital Collection, pursuant to 74 O.S. § 3105.B.
.
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK – MIXED BREED RACE MEETING
MARCH 4, 2011 THROUGH MAY 30, 2011 August 31, 2011
TO THE MEMBERS OF THE OKLAHOMA
HORSE RACING COMMISSION
Transmitted herewith is the Statistical Report of Operations for Remington Park – Mixed Breed Race Meeting March 4, 2011 through May 30, 2011.
The goal of the State Auditor and Inspector is to promote accountability and fiscal integrity in the state and local government. Maintaining our independence as we provide this service to the taxpayers of Oklahoma is of the utmost importance.
We wish to take this opportunity to express our appreciation for the assistance and cooperation extended to our office during our engagement.
Sincerely,
GARY A. JONES, CPA, CFE
OKLAHOMA STATE AUDITOR & INSPECTOR
-i-
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
WILL ROGERS DOWNS – THOROUGHBRED RACE MEETING
MARCH 7, 2011 THROUGH MAY 21, 2011
TABLE OF CONTENTS
PAGE
STATE AUDITOR AND INSPECTOR LETTER ...................................................................................... ii
INTRODUCTORY COMMENTS ......................................................................................................... iii
DISTRIBUTION SUMMARY OF NET WAGERED .................................................................................. 2
DISTRIBUTION SUMMARY OF NET WAGERED - LIVE DAYS ............................................................... 3
DISTRIBUTION SUMMARY OF NET WAGERED - SIMULCAST DAYS ..................................................... 4
DISTRIBUTION SUMMARY OF NET WAGERED - GUEST FACILITIES .................................................... 5
NET WAGERED BY POOL............................................................................................................... 6
NET WAGERED BY BREED ............................................................................................................. 7
NUMBER OF RACES BY BREED ...................................................................................................... 8
OTHER STATISTICAL INFORMATION................................................................................................ 9
PRIOR YEAR COMPARISON OF DISTRIBUTION SUMMARY OF NET WAGERED .................................. 10
PRIOR YEAR COMPARISON OF NET WAGERED BY POOL ............................................................... 11
PRIOR YEAR COMPARISON OF NET WAGERED BY BREED ............................................................. 12
PRIOR YEAR COMPARISON OF NUMBER OF RACES BY BREED ...................................................... 13
PRIOR YEAR COMPARISON OF OTHER STATISTICAL INFORMATION ................................................ 14
ENDNOTES ................................................................................................................................ 15
APPENDIX ................................................................................................................................. 16
TO THE MEMBERS OF THE OKLAHOMA
HORSE RACING COMMISSION
We compiled the information presented in this report from the statistical data obtained from the American Tote Company located at Remington Park during the Mixed Breed Race Meeting for March 4, 2011 through May 30, 2011.
We were not engaged to perform an audit in accordance with generally accepted auditing standards, the objective of which would be the expression of an opinion on specified elements or accounts. Accordingly, we do not express such an opinion. This report relates only to the procedures specified above and does not extend to any financial statements of the racetracks taken as a whole.
In planning and performing these procedures, we considered the internal control structure of the pari-mutuel departments; however, our procedures were substantially less in scope than the procedures we would have applied if we had been engaged to express an opinion on the internal control. Accordingly, we do not express an opinion on their internal control structure.
Sincerely,
GARY A. JONES, CPA, CFE
OKLAHOMA STATE AUDITOR & INSPECTOR
August 31, 2011
INTRODUCTORY COMMENTS
Statistical data and information contained herein are for presentation purposes only. Summations may differ due to rounding.
Statistical data compiled for this report is presented as a summary of wagers (handle), distribution of fees, commissions, and purses for each race meeting by association or fair. This compilation of statistical data does not purport to replace any association or independent auditor’s end-of-meet conclusions.
Data contained in this report was compiled from the American Tote Company located at Remington Park.
Reference notes behind titles (See Note) indicate clarifying data in the Endnotes of this report.
A glossary of report terms, titles, and headings can be found in the Appendix.
iii Guest
Live
Simulcast
Facilities
Grand
Days
Days
Total
(See Note 1)
Total
NET WAGERED
$12,339,549.50
$1,893,089.65
$14,232,639.15
$15,086,999.13
$29,319,638.28
COMMISSIONS:
Licensee
1,018,646.62
148,783.67
1,167,430.29
238,813.65
1,406,243.94
Purses
904,310.84
143,769.63
1,048,080.47
172,514.06
1,220,594.53
Host Track
371,309.67
67,337.05
438,646.72
0.00
438,646.72
State Tax
246,791.02
37,861.81
284,652.83
41,632.15
326,284.98
County Tax (See Note 4)
10,640.99
3,168.48
13,809.47
0.00
13,809.47
City Tax (See Note 4)
10,640.99
3,168.48
13,809.47
0.00
13,809.47
State Auditor
8,048.00
1,772.52
9,820.52
0.00
9,820.52
Breeding Development Fund
Special Account (B.D.F.S.A.)
12,434.52
357.67
12,792.19
7,148.80
19,940.99
OTHERS:
Breakage
58,106.81
7,270.53
65,377.34
0.00
65,377.34
Unclaimed Tickets (See Note 3)
0.00
0.00
0.00
0.00
0.00
TOTAL COMMISSIONS
AND OTHERS:
2,640,929.46
413,489.84
3,054,419.30
$460,108.66
$3,514,527.96
NET PAID TO THE PUBLIC
$9,698,620.04
$1,479,599.81
$11,178,219.85
MARCH 4, 2011 THROUGH MAY 30, 2011
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
DISTRIBUTION SUMMARY OF NET WAGERED
87%
13%
NET WAGERED $14,232,639.15
Live Race Days
Simulcast Race Days
0
200
400
600
800
1,000
1,200
Thousands
TOTAL COMMISSIONS AND OTHERS
Live Race Days
Simulcast Race Days
-2-
Grand
On-Track
OTW
On-Track
OTW
On-Track
OTW
Total
NET WAGERED
$4,245,061.90
$207,506.50
$5,683,325.00
$2,145,581.70
$46,498.00
$11,576.40
$12,339,549.50
COMMISSIONS:
Licensee
458,918.96
24,013.23
399,114.62
131,783.14
3,977.69
838.98
1,018,646.62
Purses
326,051.64
14,716.25
404,851.06
154,978.91
2,898.67
814.31
904,310.84
Host Track
0.00
0.00
267,263.42
101,723.27
1,859.92
463.06
371,309.67
State Tax
84,901.24
4,150.13
113,666.50
42,911.66
929.96
231.53
246,791.02
County Tax
0.00
933.78
0.00
9,655.12
0.00
52.09
10,640.99
City Tax
0.00
933.78
0.00
9,655.12
0.00
52.09
10,640.99
State Auditor
0.00
207.51
5,683.33
2,145.58
0.00
11.58
8,048.00
Breeding Development Fund
Special Account (B.D.F.S.A.)
12,311.78
0.00
0.00
0.00
122.74
0.00
12,434.52
OTHERS:
Breakage
28,918.28
82.78
28,083.96
752.83
249.05
19.91
58,106.81
Unclaimed Tickets
0.00
0.00
0.00
0.00
0.00
0.00
0.00
TOTAL COMMISSIONS
AND OTHERS:
911,101.90
45,037.46
1,218,662.89
453,605.63
10,038.03
2,483.55
2,640,929.46
NET PAID TO THE PUBLIC
$3,333,960.00
$162,469.04
$4,464,662.11
$1,691,976.07
$36,459.97
$9,092.85
$9,698,620.04
Live Days
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
DISTRIBUTION SUMMARY OF NET WAGERED-LIVE DAYS
MARCH 4, 2011 THROUGH MAY 30, 2011
Live
Simulcast
Intrastate
45%
2%
39%
13%
1%
0%
NET WAGERED $12,339,549.50
Live On-Track
Live-OTW
Simulcast On-Track
Simulcast-OTW
Intrastate On-Track
Intrastate OTW
0
100
200
300
400
500
Thousands
TOTAL COMMISSIONS AND OTHERS
Live On-Track
Live-OTW
Simulcast On-Track
Simulcast-OTW
Intrastate On-Track
Intrastate OTW
-3-
Grand
On-Track
OTW
On-Track
OTW
Total
NET WAGERED
$1,068,405.30
$642,330.40
$120,577.70
$61,776.25
$1,893,089.65
COMMISSIONS:
Licensee
84,299.52
49,195.52
10,541.45
4,747.18
148,783.67
Purses
85,368.54
46,202.09
7,847.06
4,351.94
143,769.63
Host Track
37,739.27
23,539.15
4,823.11
1,235.52
67,337.05
State Tax
21,368.12
12,846.62
2,411.55
1,235.52
37,861.81
County Tax
0.00
2,890.49
0.00
277.99
3,168.48
City Tax
0.00
2,890.49
0.00
277.99
3,168.48
State Auditor
1,068.41
642.33
0.00
61.78
1,772.52
Breeding Development Fund
Special Account (B.D.F.S.A.)
0.00
0.00
357.67
0.00
357.67
OTHERS:
Breakage
6,404.63
286.90
579.00
0.00
7,270.53
Unclaimed Tickets
0.00
0.00
0.00
0.00
0.00
TOTAL COMMISSIONS
AND OTHERS:
$236,248.49
$138,493.59
$26,559.84
$12,187.92
$413,489.84
NET PAID TO THE PUBLIC
$832,156.81
$503,836.81
$94,017.86
$49,588.33
$1,479,599.81
Simulcast
Intrastate
MARCH 4, 2011 THROUGH MAY 30, 2011
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
DISTRIBUTION SUMMARY OF NET WAGERED-SIMULCAST DAYS
Simulcast Days
57%
34%
6%
3%
NET WAGERED $1,893,089.65
On-Track
OTW
On-Track Intrastate
OTW Intrastate
0
25
50
75
100
125
Thousands
TOTAL COMMISSIONS AND OTHERS
On-Track
OTW
On-Track Intrastate
OTW Intrastate
-4-
Grand
Intrastate
Interstate
Total
NET WAGERED
$534,379.50
$14,552,619.63
$15,086,999.13
COMMISSIONS:
Licensee
12,170.45
226,643.20
238,813.65
Purses
8,832.16
163,681.90
172,514.06
Host Track
0.00
0.00
0.00
State Tax
0.00
41,632.15
41,632.15
County Tax
0.00
0.00
0.00
City Tax
0.00
0.00
0.00
State Auditor
0.00
0.00
0.00
Breeding Development Fund
Special Account (B.D.F.S.A.)
371.37
6,777.43
7,148.80
OTHERS:
Breakage
0.00
0.00
0.00
Unclaimed Tickets
0.00
0.00
0.00
TOTAL COMMISSIONS
AND OTHERS:
$21,373.98
$438,734.68
$460,108.66
Guest Facilities
(See Note 1)
MARCH 4, 2011 THROUGH MAY 30, 2011
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
DISTRIBUTION SUMMARY OF NET WAGERED-GUEST FACILITIES
4%
96%
NET WAGERED $15,086,999.13
Intrastate
Interstate
0
50
100
150
200
250
Thousands
TOTAL COMMISSIONS AND OTHERS
Intrastate
Interstate
-5-
Grand
On-Track
OTW
On-Track
OTW
On-Track
OTW
On-Track
OTW
On-Track
OTW
On-Track
OTW
Total
Win, Place, Show
$1,782,716.00
$49,510.00
$1,464,117.00
$487,754.00
$16,108.00
$3,971.00
$249,482.00
$140,968.00
$31,769.00
$13,562.00
$3,544,192.00
$695,765.00
$4,239,957.00
Daily Double
25,762.00
822.00
106,944.00
33,960.00
407.00
0.00
21,721.00
5,359.00
1,646.00
511.00
156,480.00
40,652.00
197,132.00
Exacta
863,880.00
59,348.00
1,472,216.00
586,285.00
12,010.00
2,422.00
323,025.00
215,948.00
31,536.00
18,695.00
2,702,667.00
882,698.00
3,585,365.00
Quinella
117,513.00
2,982.00
27,222.50
5,053.00
1,204.00
144.00
4,409.00
1,794.00
2,620.00
880.00
152,968.50
10,853.00
163,821.50
Trifecta
807,020.00
50,224.00
1,529,875.00
493,409.00
9,739.50
2,809.00
302,989.00
156,873.00
30,291.50
17,571.00
2,679,915.00
720,886.00
3,400,801.00
Pick Three
39,388.00
1,202.00
161,379.00
85,742.50
68.00
50.00
27,459.50
21,682.00
836.00
962.00
229,130.50
109,638.50
338,769.00
Pick Four
0.00
0.00
170,637.40
177,572.20
30.00
4.00
24,272.00
29,524.50
0.00
0.00
194,939.40
207,100.70
402,040.10
Pick Five
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Pick Six
15,233.00
611.00
71,798.30
50,673.30
0.00
0.00
3,940.40
5,521.00
0.00
45.00
90,971.70
56,850.30
147,822.00
Other Multiple Pick
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
462.00
565.00
462.00
565.00
1,027.00
Twin Trifecta
0.00
0.00
19,401.30
3,283.70
0.00
0.00
1,116.00
364.30
0.00
0.00
20,517.30
3,648.00
24,165.30
Superfecta
593,549.90
42,807.50
659,734.50
221,849.00
6,931.50
2,176.40
109,991.40
64,296.60
21,417.20
8,985.20
1,391,624.50
340,114.70
1,731,739.20
NET WAGERED
$4,245,061.90
$207,506.50
$5,683,325.00
$2,145,581.70
$46,498.00
$11,576.40
$1,068,405.30
$642,330.40
$120,577.70
$61,776.20
$11,163,867.90
$3,068,771.20
$14,232,639.10
-6-
Total
MARCH 4, 2011 THROUGH MAY 30, 2011
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
NET WAGERED BY POOL
Live Races
Simulcast Races
Intrastate
Live Days
Simulcast Days
Simulcast Races
Intrastate
0
100
200
300
400
500
600
700
800
900
1,000
1,100
1,200
1,300
1,400
1,500
1,600
1,700
1,800
Win, Place, Show
Daily Double
Exacta
Quinella
Trifecta
Pick Three
Pick Four
Pick Five
Pick Six
Other Multiple Pick
Twin Trifecta
Superfecta
Thousands
NET WAGERED BY POOL
Live Days:Live On-Track
Live Days:Live OTW
Live Days:Simulcast On-Track
Live Days:Simulcast OTW
Live Days:Intrastate On-Track
Live Days:Intrastate OTW
Simulcast Days:Simulcast On-Track
Simulcast Days:Simulcast OTW
Simulcast Days:Intrastate On-Track
Simulcast Days:Intrastate OTWTotal
Total
Live
Simulcast
Simulcast
Live
Simulcast
Grand
Races
Races
Days
Races
Races
Total
Thoroughbred
$0.00
$5,102,698.60
$997,610.10
$0.00
$6,100,308.70
$6,100,308.70
Quarter Horse
3,655,873.31
236,069.80
41,364.90
3,655,873.31
277,434.70
3,933,308.01
Paint/Appaloosa
589,188.59
0.00
0.00
589,188.59
0.00
589,188.59
Mixed
0.00
254,345.10
87,991.20
0.00
342,336.30
342,336.30
Steeplechase/Harness
0.00
132,803.60
65,922.70
0.00
198,726.30
198,726.30
OTW (See Note 2)
207,506.50
2,161,064.00
700,200.70
207,506.50
2,861,264.70
3,068,771.20
NET WAGERED
$4,452,568.40
$7,886,981.10
$1,893,089.60
$4,452,568.40
$9,780,070.70
$14,232,639.10
Live Days
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
NET WAGERED BY BREED
MARCH 4, 2011 THROUGH MAY 30, 2011
0
1,000
2,000
3,000
4,000
5,000
Thousands
NET WAGERED BY BREED
Live Days/Live Races
Live Days/Simulcast Races
Simulcast Days
-7-
Total
Total
Live
Simulcast
Simulcast
Live
Simulcast
Grand
Races
Races
Days
Races
Races
Total
Thoroughbred
0
7,716
2,785
0
10,501
10,501
Quarter Horse
494
634
109
494
743
1,237
Paint/Appaloosa
79
0
0
79
0
79
Mixed
0
764
381
0
1,145
1,145
Steeplechase/Harness
0
840
452
0
1,292
1,292
OTW (See Note 2)
0
0
0
0
0
0
NET WAGERED
573
9,954
3,727
573
13,681
14,254
MARCH 4, 2011 THROUGH MAY 30, 2011
Live Days
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
NUMBER OF RACES BY BREED
0
1
2
3
4
5
6
7
8
Thousands
NUMBER OF RACES BY BREED
Live Days/Live Races
Live Days/Simulcast Races
Simulcast Days
-8-
Live
Simulcast
Days
Days
Race Meeting
(See Note 5 )
(See Note 5)
Totals/Averages
Net Wagered
$12,339,549.50
$1,893,089.65
$14,232,639.15
Number of Race Days
50
38
88
Average Daily Handle
246,790.99
49,818.15
161,734.54
LIVE RACES
Average Wagered Per Race:
Thoroughbred
0.00
0.00
0.00
Quarter Horse
7,400.55
0.00
7,400.55
Paint/Appaloosa
7,458.08
0.00
7,458.08
Mixed
0.00
0.00
0.00
Steeplechase/Harness
0.00
0.00
0.00
OTW
362.14
0.00
362.14
Average Races Per Day
Thoroughbred
0.00
0.00
0.00
Quarter Horse
9.88
0.00
9.88
Paint/Appaloosa
1.58
0.00
1.58
Mixed
0.00
0.00
0.00
Steeplechase/Harness
0.00
0.00
0.00
OTW
11.46
0.00
11.46
SIMULCAST RACES
Average Wagered Per Race:
Thoroughbred
661.31
358.21
580.93
Quarter Horse
372.35
379.49
373.40
Paint/Appaloosa
0.00
0.00
0.00
Mixed
332.91
230.95
298.98
Steeplechase/Harness
158.10
145.85
153.81
OTW
217.11
187.87
209.14
Average Races Per Day
Thoroughbred
154.32
73.29
119.33
Quarter Horse
12.68
2.87
8.44
Paint/Appaloosa
0.00
0.00
0.00
Mixed
15.28
10.03
13.01
Steeplechase/Harness
16.80
11.89
14.68
OTW
199.08
98.08
155.47
Federal Income Tax Withheld
$31,234.00
$2,540.00
$33,774.00
State Income Tax Withheld
$7,053.00
$573.00
$7,626.00
MARCH 4, 2011 THROUGH MAY 30, 2011
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
OTHER STATISTICAL INFORMATION
-9-
2010 to 2011
2009 to 2010
2011
2010
2009
Increase
%
Increase
%
(Decrease)
Change
(Decrease)
Change
NET WAGERED
$14,232,639.15
$15,262,943.85
$18,015,637.80
($1,030,304.70)
-6.75%
-$2,752,693.95
-15.28%
COMMISSIONS:
Licensee
1,406,243.94
1,474,046.61
1,740,495.75
(67,802.67)
-4.60%
(266,449.14)
-15.31%
Purses
1,220,594.53
1,302,099.34
1,535,150.40
(81,504.81)
-6.26%
(233,051.06)
-15.18%
Host Track
438,646.72
434,970.65
519,704.11
3,676.07
0.85%
(84,733.46)
-16.30%
State Tax
326,284.98
346,790.98
407,615.12
(20,506.00)
-5.91%
(60,824.14)
-14.92%
County Tax (See Note 4)
13,809.47
26,613.65
32,734.68
(12,804.18)
-48.11%
(6,121.03)
-18.70%
City Tax (See Note 4)
13,809.47
26,613.65
32,734.68
(12,804.18)
-48.11%
(6,121.03)
-18.70%
State Auditor
9,820.52
11,661.79
14,227.96
(1,841.27)
-15.79%
(2,566.17)
-18.04%
Breeding Development Fund
Special Account
19,940.99
18,691.58
20,278.78
1,249.41
6.68%
(1,587.20)
-7.83%
OTHERS:
Breakage
65,377.34
71,637.07
81,011.89
(6,259.73)
-8.74%
(9,374.82)
-11.57%
Unclaimed Tickets
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
TOTAL COMMISSIONS AND
OTHERS
3,514,527.96
3,713,125.32
4,383,953.37
(198,597.36)
-5.35%
(670,828.05)
-15.30%
TOTAL COMMISSIONS
RECEIVED FROM GUEST
FACILITIES
460,108.66
465,691.78
544,648.53
(5,583.12)
-1.20%
(78,956.75)
-14.50%
NET PAID TO THE PUBLIC
$11,178,219.85
$12,015,510.31
$14,176,332.96
($837,290.46)
-6.97%
($2,160,822.65)
-15.24%
MARCH 4, 2011 THROUGH MAY 30, 2011
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
PRIOR YEAR COMPARISON - DISTRIBUTION SUMMARY OF NET WAGERED
PRIOR YEAR COMPARISON OF NET WAGERED
2011
2010
2009
-10-
2010 to 2011
2009 to 2010
2011
2010
2009
Increase
%
Increase
%
(Decrease)
Change
(Decrease)
Change
Win, Place, Show
$4,239,957.00
$4,486,209.00
$5,090,925.00
($246,252.00)
-5.49%
($604,716.00)
-11.88%
Daily Double
$197,132.00
$247,892.00
$305,271.00
(50,760.00)
-20.48%
(57,379.00)
-18.80%
Exacta
$3,585,365.00
$3,825,476.00
$4,480,537.00
(240,111.00)
-6.28%
(655,061.00)
-14.62%
Quinella
$163,821.50
$151,697.00
$172,480.00
12,124.50
7.99%
(20,783.00)
-12.05%
Trifecta
$3,400,801.00
$3,653,494.00
$4,578,420.50
(252,693.00)
-6.92%
(924,926.50)
-20.20%
Pick Three
$338,769.00
$416,779.00
$500,382.00
(78,010.00)
-18.72%
(83,603.00)
-16.71%
Pick Four
$402,040.10
$352,221.00
$439,226.40
49,819.10
14.14%
(87,005.40)
-19.81%
Pick Five
$0.00
$0.00
$0.00
0.00
0.00%
0.00
0.00%
Pick Six
$147,822.00
$238,680.95
$215,545.80
(90,858.95)
-38.07%
23,135.15
10.73%
Other Multiple Pick
$1,027.00
$0.00
$0.00
1,027.00
0.00%
0.00
0.00%
Twin Trifecta
$24,165.30
$32,416.80
$62,710.80
(8,251.50)
-25.45%
(30,294.00)
-48.31%
Superfecta
$1,731,739.20
$1,858,078.10
$2,170,139.30
(126,338.90)
-6.80%
(312,061.20)
-14.38%
NET WAGERED
$14,232,639.10
$15,262,943.85
$18,015,637.80
($1,030,304.75)
-6.75%
($2,752,693.95)
-15.28%
MARCH 4, 2011 THROUGH MAY 30, 2011
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
PRIOR YEAR COMPARISON - NET WAGERED BY POOL
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
5,500
Thousands
PRIOR YEAR COMPARISON OF NET WAGERED BY POOL
2011
2010
2009
-11-
2010 to 2011
2009 to 2010
2011
2010
2009
Increase
%
Increase
%
(Decrease)
Change
(Decrease)
Change
Thoroughbred
$6,100,308.70
$5,240,943.60
$6,233,977.55
$859,365.10
16.40%
($993,033.95)
-15.93%
Quarter Horse
$3,933,308.01
$3,104,148.60
$3,263,787.70
829,159.41
26.71%
(159,639.10)
-4.89%
Paint/Appaloosa
$589,188.59
$562,437.60
$550,469.30
26,750.99
4.76%
11,968.30
2.17%
Mixed
$342,336.30
$317,030.70
$520,536.40
25,305.60
7.98%
(203,505.70)
-39.10%
Steeplechase/Harness
$198,726.30
$124,240.00
$172,492.40
74,486.30
59.95%
(48,252.40)
-27.97%
OTW (See Note 2)
$3,068,771.20
$5,914,143.35
$7,274,374.45
(2,845,372.15)
-48.11%
(1,360,231.10)
-18.70%
NET WAGERED
$14,232,639.10
$15,262,943.85
$18,015,637.80
($1,030,304.75)
-6.75%
($2,752,693.95)
-15.28%
MARCH 4, 2011 THROUGH MAY 30, 2011
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
PRIOR YEAR COMPARISON - NET WAGERED BY BREED
0
1,250
2,500
3,750
5,000
6,250
7,500
Thousands
PRIOR YEAR COMPARISON -NET WAGERED BY BREED
2011
2010
2009
-12-
2010 to 2011
2009 to 2010
2011
2010
2009
Increase
%
Increase
%
(Decrease)
Change
(Decrease)
Change
Thoroughbred
10,501
9,805
9,384
696
7.10%
421
4.49%
Quarter Horse
1,237
873
1,033
364
41.70%
(160)
-15.49%
Paint/Appaloosa
79
80
76
(1)
-1.25%
4
5.26%
Mixed
1,145
1,270
1,619
(125)
-9.84%
(349)
-21.56%
Steeplechase/Harness
1,292
986
1,372
306
31.03%
(386)
-28.13%
OTW (See Note 2)
0
0
0
0
0.00%
0
0.00%
NET WAGERED
14,254
13,014
13,484
1,240
9.53%
(470)
-3.49%
MARCH 4, 2011 THROUGH MAY 30, 2011
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
PRIOR YEAR COMPARISON - NUMBER OF RACES BY BREED
0
2
4
6
8
10
12
Thousands
PRIOR YEAR COMPARISON -RACES BY BREED
2011
2010
2009
-13-
2010 to 2011
2009 to 2010
2011
2010
2009
Increase
%
Increase
%
(Decrease)
Change
(Decrease)
Change
Net Wagered
$14,232,639.15
$15,262,943.85
$18,015,637.80
($1,030,304.70)
-6.75%
($2,752,693.95)
-15.28%
Number of Race Days
88
88
87
0
0.00%
1
1.15%
Number of Live Days
50
50
50
0
0.00%
0
0.00%
Average Daily Handle
$161,734.54
$173,442.54
$207,076.30
($11,708.00)
-6.75%
($33,633.76)
-16.24%
LIVE RACES
Average Wagered Per Race:
Thoroughbred
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
Quarter Horse
7,400.55
6,950.71
6,334.90
449.84
6.47%
615.81
9.72%
Paint/Appaloosa
7,458.08
7,030.47
7,243.02
427.61
6.08%
(212.55)
-2.93%
Mixed
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
Steeplechase/Harness
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
OTW
362.14
715.40
986.89
(353.26)
-49.38%
(271.49)
-27.51%
Average Races Per Day
Thoroughbred
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
Quarter Horse
9.88
8.65
9.68
1.23
14.22%
(1.03)
-10.64%
Paint/Appaloosa
1.58
1.63
1.52
(0.05)
-3.07%
0.11
7.24%
Mixed
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
Steeplechase/Harness
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
OTW
11.46
10.29
11.20
1.17
11.37%
(0.91)
-8.13%
SIMULCAST RACES
Average Wagered Per Race:
Thoroughbred
580.93
534.52
664.32
46.41
8.68%
(129.80)
-19.54%
Quarter Horse
373.40
349.77
360.10
23.63
6.76%
(10.33)
-2.87%
Paint/Appaloosa
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
Mixed
298.98
249.63
321.52
49.35
19.77%
(71.89)
-22.36%
Steeplechase/Harness
153.81
126.00
125.72
27.81
22.07%
0.28
0.22%
OTW
209.14
443.93
520.10
(234.79)
-52.89%
(76.17)
-14.65%
Average Races Per Day
Thoroughbred
119.33
111.42
107.86
7.91
7.10%
3.56
3.30%
Quarter Horse
8.44
5.10
6.31
3.34
65.49%
(1.21)
-19.18%
Paint/Appaloosa
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
Mixed
13.01
14.43
18.61
(1.42)
-9.84%
(4.18)
-22.46%
Steeplechase/Harness
14.68
11.20
15.77
3.48
31.07%
(4.57)
-28.98%
OTW
155.47
142.16
148.55
13.31
9.36%
(6.39)
-4.30%
Federal Income Tax Withheld
$33,774.00
$34,202.00
$84,843.00
($428.00)
-1.25%
($50,641.00)
-59.69%
State Income Tax Withheld
$7,626.00
$7,723.00
$19,164.00
($97.00)
-1.26%
($11,441.00)
-59.70%
MARCH 4, 2011 THROUGH MAY 30, 2011
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
REMINGTON PARK - MIXED BREED RACE MEETING
PRIOR YEAR COMPARISON - STATISTICAL INFORMATION
-14-
-15-
ENDNOTES
NOTE 1
Handle for guest facilities are not considered a part of the total net wagered. Intrastate guest commissions are also reported as a Host payment from another in-state racing facility.
NOTE 2
Wagers and number of races placed at OTW sites are not available by breed at this time.
NOTE 3
2011 unclaimed tickets will be reported in the year-end report for all tracks.
NOTE 4
City and County tax amounts represent both live and simulcast races.
NOTE 5
Race day number totals and net wagered dollars are a compilation of on-track and OTW amounts. Therefore, care must be taken when interpreting and analyzing averages.
APPENDIX
(TERMS, HEADINGS, AND TITLES)
-16-
APPALOOSA HORSE RACING The form of horse racing in which each participating horse is an Appaloosa registered with the Appaloosa Horse Club or any successor organization and mounted by a Jockey.
ARABIAN HORSE RACING The form of horse racing in which each participating horse is an Arabian registered with the Arabian Horse Club Registry of America and approved by the Arabian Horse Racing Association of America or any successor organization, mounted by a Jockey, and engaged in races on the flat over a distance of not less than one-quarter (1/4) mile or more than four (4) miles.
ATTENDANCE Number of people at licensed Oklahoma wagering sites as reported by individual associations or fairs.
BREEDING DEVELOPMENT FUND SPECIAL ACCOUNT (B.D.F.S.A.) All monies received by the Commission for deposit in the fund as revenue received from commissions on exotic wagering as determined by Oklahoma Statutes.
BREAKAGE The odd cents by which the amount payable on each dollar wagered exceeds a multiple of ten cents.
COMMISSIONS Takeout or monies withheld from pari-mutuel wagering as prescribed by Oklahoma Statutes.
EXOTIC POOLS Means the total wagers under the pari-mutuel system on the finishing position of two or more horses on one race or on the finishing position on one or more horses for two or more races.
GUEST FACILITY An association authorized by the Commission to offer, sell, cash, redeem, or exchange pari-mutuel tickets on races being run at a host association.
HOST TRACK An association conducting a licensed pari-mutuel meeting from which authorized contests or entire performances are simulcast.
INTERSTATE Refers to between states, i.e. Wagering conducted by a betting system outside the State of Oklahoma on the results of one or more races running at an Oklahoma host association. APPENDIX
(TERMS, HEADINGS, AND TITLES)
-17-
INTRASTATE Refers to within the State, i.e. the exchange of live racing programs between any Oklahoma racing associations for the purpose of wagering.
LICENSEE A pari-mutuel organization granted a license by the Oklahoma Horse Racing Commission to conduct pari-mutuel racing.
LOCAL TAX (CITY/COUNTY) Additional takeout designated for distribution to local municipalities. Local municipalities receive a distribution of total monies wagered at an off-track wagering facility as designated by law.
NET PAID TO PUBLIC Winnings from pari-mutuel wagers returned to the public.
NET WAGERED The Net Wagered column includes all common pool wagering accepted by Oklahoma organizational licenses on live and simulcast races.
OFF-TRACK WAGERING (OTW) Any organization licensee shall file with the Oklahoma Horse Racing Commission its plan to conduct pari-mutuel wagering at a facility or facilities located outside the organization licensee’s racing enclosure.
OKLAHOMA BRED PROGRAM An accredited Oklahoma-Bred horse shall mean an Arabian, Appaloosa, Quarter, Paint, Pinto, Thoroughbred, and any other breed not otherwise specified in the Act, and which meets certain requirements.
ON-TRACK Refers to activity at the host track facility.
PAINT HORSE RACING The form of horse racing in which each participating horse is a Paint horse registered with the American Paint Horse Association or any successor organization and mounted by a Jockey.
PARI-MUTUEL A form of wagering on the outcome of horse races whereby wagers are placed into wagering pools; win, place, show, or other pools designating the finishing position of two or more horses in a race or races. When the outcome of the race or races has been declared official, wagers comprising each pool are distributed as winnings less the amounts retained as takeout: licensee, purses, host, etc.
APPENDIX
(TERMS, HEADINGS, AND TITLES)
-18-
PARI-MUTUEL SYSTEM OF WAGERING The form of wagering on the outcome of horse races in which those who wager, purchase tickets of various denominations on a horse or horses.
PARI-MUTUEL TAX Taxes of wagered retained by the State of Oklahoma from pari-mutuel wagering.
PER CAPITA Per capita, total wagers divided by total attendance.
PINTO HORSE RACING The form of horse racing in which each participating horse is a Pinto horse registered with the Pinto Horse Association of American, Inc., or any successor organization and mounted by a Jockey.
PURSES Portion of the takeout retained by horsemen from pari-mutuel wagering as determined by Oklahoma Statutes.
QUARTER HORSE RACING The form of horse racing in which each participating horse is a Quarter Horse registered with the American Quarter Horse Association or any successor organization, mounted by a Jockey, and engaged in a race on the flat.
RACE DAY A day during which horse races are conducted at a sanctioned track.
RACE MEETING The entire period of time not to exceed twenty (20) calendar days separating any race days for which an organization license has been granted to a person by the Commission to hold horse racing where a pari-mutuel system of wagering is conducted.
APPENDIX
(TERMS, HEADINGS, AND TITLES)
-19-
SIMULCAST Means audio-visual transmission of a race meeting to off-track betting systems for the purpose of accepting wagers on the results of horse racing events. This may include the transmission of pari-mutuel wagering odds, amounts wagered and the payoffs of such events, and other horse racing programming relating to the racehorses or participants.
SIMULCAST DAYS Day when the organization licensee is not conducting live racing, the licensee may accept wagers on the results of not more than six out-of-state full racing programs.
STATE AUDITOR FEE The State Auditor and Inspector receives one-tenth of one percent (1/10th of 1%) of total monies wagered at the racing enclosure on out-of-state simulcast races as well as OTW facilities on all races.
THOROUGHBRED HORSE RACING The form of horse racing in which each participating horse is a Thoroughbred horse registered with The Jockey Club or any successor organization, mounted by a Jockey, and engaged in races on the flat.
UNCLAIMED TICKETS Ticket must be cashed within sixty (60) days after its purchase. Any unclaimed proceeds will be deposited into the Oklahoma Breeding Development Fund Special Account on a calendar quarterly basis.
WIN, PLACE, SHOW (WPS) The total wagers under the pari-mutuel system on any horse in a particular race to finish first, second, or third. OFFICE OF THE STATE AUDITOR AND INSPECTOR
2300 N. LINCOLN BOULEVARD, ROOM 100
OKLAHOMA CITY, OK 73105-4896
WWW.SAI.OK.GOV