04-13-2020, 11:39 PM
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#12
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Registered User
Join Date: Jul 2013
Posts: 17,095
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Quote:
Originally Posted by theiman
I dont know if Fonner is raking it in. I read somewhere and dont recall where but Fonner Parks deals with ADW's is not good. Any track makes more from a live handle, plus admission and concessions than other ways.
If I can find where I read it I will post a link.
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Quote:
Fonner debuted a race card Monday that didn’t include spectators after shifting its race days from its traditional weekends. The result produced a track-record overall mutuel handle of $1.3 million, though only $28,000 was wagered locally.
The numbers went even higher Tuesday when the overall handle record fell again at $2.2 million, which included $31,000 on-track. The overall handle Wednesday was $1.6 million with an on-track total of $34,000.
While those figures sound tremendously encouraging, they also can be misleading. Fonner receives 3% of that overall handle from simulcasting revenues because it is split up several ways.
“We made enough this week to fund about 15 future races," Kotulak said. “I know when figures in the millions are being tossed around it sounds great, but we only get a sliver of that."
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https://www.omaha.com/sports/local-s...72e9a9dbf.html
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