{"id":2456,"date":"2013-02-12T09:40:35","date_gmt":"2013-02-12T14:40:35","guid":{"rendered":"http:\/\/equestrianinfluence.com\/horsehappenings\/?p=2456"},"modified":"2020-01-14T12:25:22","modified_gmt":"2020-01-14T17:25:22","slug":"keeneland-will-raise-purses-for-spring-meeting","status":"publish","type":"post","link":"https:\/\/equestrianinfluence.com\/horsehappenings\/keeneland-will-raise-purses-for-spring-meeting\/","title":{"rendered":"Keeneland Will Raise Purses for Spring Meeting"},"content":{"rendered":"

LEXINGTON, KY (February 12, 2013)<\/strong>\u00a0\u2013\u00a0Keeneland will increase purses for overnight (non-stakes) races for the upcoming 2013 spring race meeting\u2014highlighted by notable\u00a0increases for maiden and allowance races for horses three-year-olds and up.<\/p>\n

<\/p>\n

The minimum purses for maiden and allowance races for three-year-olds and older will increase to $58,000 while those same purses for two-year-olds will increase to a minimum of $52,000. Previously, those races were run for a minimum of $50,000 regardless of age. Additionally, Keeneland will increase the purses for all claiming races by $1,000 each.<\/p>\n

Over the 16-day meet, these increases will add more than $627,000 to the purse pool, raising Keeneland\u2019s average daily purses to more than $540,000, ranking it among the highest in North America. Keeneland already has one of the of the richest stakes programs in the country, with spring stakes purses totaling $3.625 million.\"\"<\/a><\/p>\n

\u201cWe believe it is important to support all levels of our racing program. By boosting purses for our overnight races, we are able to reward those horsemen who compete at Keeneland day after day, bringing their full stables here every April and October,\u201d said Vice President of Racing W.B. Rogers Beasley. \u201cIt is important to recognize their commitment to us. Fortunately, the Thoroughbred market appears to have stabilized, allowing us to make these purse increases. Obviously, without the support of our consignors and buyers at our auction sales, and the wagering public during our live meetings, this would not be possible.\u201d<\/p>\n

Keeneland\u2019s purses are fueled by the proceeds from its four annual auctions as well as revenue from all-sources wagering on Keeneland\u2019s live racing, and profits from Keeneland Select, its advance deposit wagering business.<\/p>\n

\u201cTrue to our mission, Keeneland continues to invest in the betterment of Thoroughbred racing\u2014even as that mission is made increasingly difficult because we are competing against racetracks that are funded by alternative gaming revenue,\u201d said Keeneland President and CEO Bill Thomason. \u201cWe remain committed to finding ways to help our industry and our horsemen because we believe racing is a great sport, and we remain excited about its future.\u201d<\/p>\n

Keeneland\u2019s 16-day race meeting begins\u00a0on Friday, April 5\u00a0and continues through\u00a0Friday, April 26.<\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

LEXINGTON, KY (February 12, 2013) – Keeneland will increase purses for overnight (non-stakes) races for the upcoming 2013 spring race meeting—highlighted by notable increases for maiden and allowance races for horses three-year-olds and up.<\/p>\n","protected":false},"author":2,"featured_media":2458,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[97,52,2044],"tags":[126,960,959],"class_list":["post-2456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-events-magazine","category-events-magazine","category-magazine","tag-keeneland","tag-purses","tag-spring-meeting"],"yoast_head":"\nKeeneland Will Raise Purses for Spring Meeting - 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