The statistics for the first ten days of Colonial Downs 2010 40-day live meet shows mixed results.
The best news is all source handle is up 5% and the signal sale is up 20% from $5,280,463 last year to $6,353,357 this year.
Unfortunatley, we knew prior to the meet that the two-year decline in wagering overall would reduce purses. Subsequently, lower purses were an inevitable statistic - $1,362,500 (14,494 avg) in 2009 and $1,258,000 (12,707 avg) for the same period in 2010. Those purse figures no doubt are negatively impacting field size with the average falling from 8.9 per race last year to 7.4 this year.
Attendance is down 9%, but some of that is attributed to swappoing Friday nights for Wednesday afternoon. That move was made in attempt to capture more simulcast handle as opposed to live attendance. To that end, as mentioned above, signal handle is up $1.1 million over the same period last year.