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Gulfstream Announces 10-Percent Purse Increase
Gulfstream Park announced today it would raise all purses 10 percent, effective Saturday, March 16 for the remainder of its 90-day Thoroughbred meet.
The purse increase comes as Gulfstream continues to buck industry trends. Gulfstream is up 25 percent in its live handle through March 10. Nationwide, Gulfstream is up more than 10 percent from last year.
"We continue to show year-over-year growth," said Gulfstream Park President Tim Ritvo. "Our racing has been strong; we've had great weather and that's promoted a healthy number of turf races; and the horsemen have once again been incredibly supportive and have helped us to run a world-class meet.
"The Stronach Group is committed to Thoroughbred racing. We're thrilled with the reaction from the public to our racing and our facility. We look forward to the weeks ahead, including the $1 million Florida Derby March 30. We're excited to build on the momentum and excitement of this meet and to keep interest in Thoroughbred racing alive through the summer."