Banner year for West Virginia racetrack and casino
Last year reportedly saw the Hollywood Casino At Charles Town Races in West Virginia set a number of all-time individual highs including record all-sources handle per race of $116,184 alongside its largest individual event export handle at $110,623.
According to a report from The Journal newspaper, 2016 with its 1,375 events marked the second consecutive year the Jefferson County facility has broken its wagering per race record as the $116,184 figure was 4.05% higher than the previous year’s $111,664 while it moreover set all-time monthly handle highs in August, September, October, November, and December.
Owned by Gaming And Leisure Properties Incorporated and operated by Penn National Gaming Incorporated, Hollywood Casino At Charles Town Races sits a little over seven miles from West Virginia’s eastern borders with Virginia and Maryland and each dollar it paid out in 2016 purses reportedly produced $6.51 in parimutuel handle, which easily topped the previous record of $5.90 set in 2012.
Since 2009, Hollywood Casino At Charles Town Races reportedly revealed that the parimutuel handle it has produced for each dollar in purses paid has risen by 55% while handle per race has swelled by 37.7%.
As if all of this wasn’t enough, the Charles Town racetrack and casino paid out the largest West Virginia Breeders Classics handle at $1.75 million while April 23 saw it award record Exacta and Pick 4 pools of $359,868 and $292,563 respectively.
“To set another record for wagering volume per race in the face of some obstacles speaks volumes about the quality and dedication of our entire team here at [Hollywood Casino At Charles Town Races],” Erich Zimny, Racing Operations Vice-President for Hollywood Casino At Charles Town Races, told the newspaper. “We’d also like to thank both our business partners for their contributions to our operations in 2016 and the horseplayers whose interest in our racing has helped in spurring on our success. We look forward to the challenge of trying to top it all in 2017.”