Make us your home page

Get the quickest, smartest news, analysis and photos from the Bucs game emailed to you shortly after the final whistle.

(View our Privacy Policy)

Horse, hound wagering on decline in Florida

ST. PETERSBURG — It was another roller-coaster year for the state's parimutuel industry.

Wagering on horses, greyhounds, standardbreds and jai alai declined again in fiscal year 2007-08 (ending June 30), while poker continued its upward trend.

In statistics released recently by the state Department of Business and Professional Regulation, Division of Parimutuel Wagering, Florida's total all-source handle — live and simulcast wagering — dropped 10.2 percent from the previous year to $1,343,912,505. Poker gross receipts climbed 67.6 percent to $90,863,855.

"There is only so much (discretionary income) that people have," said Vera Filipelli, spokeswoman for Derby Lane in St. Petersburg. "Even though the parimutuel side is down, it's cyclical, like everything else. When the economy goes back up, I'm sure we'll see the parimutuel side go back up, too."

Since 2005-06, the state's total handle has dipped 12.7 percent; poker receipts have risen 104.5.

Derby Lane ranks high in 2007-08 statistics. It was second among 18 greyhound associations in total handle at $50,267,052 and fourth of 24 state card-room facilities with $7,671,407 in gross receipts. Derby Lane's total handle rose 2 percent and its poker receipts were up 2.2.

Tampa Greyhound Track ranked fifth in total handle at $29,866,381 and 13th in poker at $2,389,880. Tampa reported a total handle decline of 18.7 percent. From mid August to December 2007, Derby Lane ran racing dates for Tampa, which eliminated live racing. 2007-08 was the first in several seasons that poker receipts were reported by Tampa after previously transferring its rights to Derby Lane.

Palm Beach Kennel Club led greyhound tracks in total handle at $89,196,982 and all poker rooms in gross receipts with $10,204,278. Total handle from greyhound tracks was $406,338,030, down 14.5 percent.

Tampa Bay Downs ranked last among four thoroughbred associations in total handle at $127,568,889, a decrease of 0.4 percent. The Oldsmar poker-room gross receipts rose 220.3 percent to $4,285,957, 10th in the state. Poker rooms were aided when Senate Bill 752 became law July 1, 2007, allowing card facilities to operate without live racing.

SARATOGA: Backseat Rhythm beat Rosa Grace by 3¼ lengths to win the $150,000 Lake Placid Stakes for 3-year-old fillies at the New York track.

Times wires contributed to this report.

Horse, hound wagering on decline in Florida 08/15/08 [Last modified: Tuesday, November 2, 2010 11:40am]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Where Tampa's national championship ranks among the greatest games ever


    If you needed any more convincing that Tampa's national championship at Raymond James Stadium was one of the best games in college football history, let me direct you to

  2. Red zone: New-look Kwon Alexander eager to prove himself


    On the morning that Bucs veterans report for the start of training camp, linebacker Kwon Alexander spoke with reporters and showed off a new red look to his hair, as well as an eagerness to get on the field and prove himself to doubters.

    Bucs linebacker Kwon Alexander sports a new look with red hair as players reported for training camp Thursday.
  3. What you should know about new Rays reliever Dan Jennings


    The Rays have finally brought in a reliever — and this one isn't a DFA'd castoff. White Sox left-hander Dan Jennings Artsy, no?

  4. Sign up for the daily News at Noon email newsletter


    The Tampa Bay Times has launched a daily newsletter called News at Noon. It'll be the perfect way to catch up with the latest breaking news and our top stories right in your inbox each weekday.

  5. Video shows ex-Bucs DT Brian Price going through glass door


    More and more stories are coming forward of former NFL players and the sad, stunning effects of CTE after their football careers, and a new video shows former Bucs defensive tackle Brian Price running …

    Former Bucs defensive tackle Brian Price, shown arriving at One Buc Place for training camp in the 2012 preseason, is shown in a video from a Michigan TV station running through the glass door of an auto parts store.