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STATISTICAL AUDIT
Oklahoma Horse Racing Commission
Statistical Report of Operations
Fair Meadows - Mixed Breed
Race Meeting
June 3, 2011 through July 23, 2011
Oklahoma State
Auditor & Inspector
Gary A. Jones, CPA, CFE
Independently serving the citizens of Oklahoma by promoting the
accountability and fiscal integrity of governmental funds.This publication, issued by the Oklahoma State Auditor and Inspector’s Office as authorized by 74 O.S. § 212, has
not been printed, but is available on the agency’s website (www.sai.ok.gov) and in the Oklahoma Department of
Libraries Publications Clearinghouse Digital Collection, pursuant to 74 O.S. § 3105.B.
.
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS – MIXED BREED RACE MEETING
JUNE 3, 2011 THROUGH JULY 23, 2011 September 2, 2011
TO THE MEMBERS OF THE OKLAHOMA
HORSE RACING COMMISSION
Transmitted herewith is the Statistical Report of Operations for Fair Meadows at Tulsa – Mixed Breed Race Meeting June 3, 2011 through July 23, 2011.
The goal of the State Auditor and Inspector is to promote accountability and fiscal integrity in the state and local government. Maintaining our independence as we provide this service to the taxpayers of Oklahoma is of the utmost importance.
We wish to take this opportunity to express our appreciation for the assistance and cooperation extended to our office during our engagement.
Sincerely,
GARY A. JONES, CPA, CFE
OKLAHOMA STATE AUDITOR & INSPECTOR
-i-
OKLAHOMA HORSE RACING COMMISSION
STATISTICAL REPORT OF OPERATIONS
WILL ROGERS DOWNS – THOROUGHBRED RACE MEETING
JUNE 3, 2011 THROUGH JULY 23, 2011
TABLE OF CONTENTS
PAGE
STATE AUDITOR AND INSPECTOR LETTER ...................................................................................... ii
INTRODUCTORY COMMENTS ......................................................................................................... iii
DISTRIBUTION SUMMARY OF NET WAGERED .................................................................................. 2
DISTRIBUTION SUMMARY OF NET WAGERED - LIVE DAYS ............................................................... 3
DISTRIBUTION SUMMARY OF NET WAGERED - SIMULCAST DAYS ..................................................... 4
DISTRIBUTION SUMMARY OF NET WAGERED - GUEST FACILITIES .................................................... 5
NET WAGERED BY POOL............................................................................................................... 6
NET WAGERED BY BREED ............................................................................................................. 7
NUMBER OF RACES BY BREED ...................................................................................................... 8
OTHER STATISTICAL INFORMATION................................................................................................ 9
PRIOR YEAR COMPARISON OF DISTRIBUTION SUMMARY OF NET WAGERED .................................. 10
PRIOR YEAR COMPARISON OF NET WAGERED BY POOL ............................................................... 11
PRIOR YEAR COMPARISON OF NET WAGERED BY BREED ............................................................. 12
PRIOR YEAR COMPARISON OF NUMBER OF RACES BY BREED ...................................................... 13
PRIOR YEAR COMPARISON OF OTHER STATISTICAL INFORMATION ................................................ 14
ENDNOTES ................................................................................................................................ 15
APPENDIX ................................................................................................................................. 16
TO THE MEMBERS OF THE OKLAHOMA
HORSE RACING COMMISSION
We compiled the information presented in this report from the statistical data obtained from the United Tote Company located at Fair Meadows during the Mixed Breed Race Meeting for June 3, 2011 through July 23, 2011.
We were not engaged to perform an audit in accordance with generally accepted auditing standards, the objective of which would be the expression of an opinion on specified elements or accounts. Accordingly, we do not express such an opinion. This report relates only to the procedures specified above and does not extend to any financial statements of the racetracks taken as a whole.
In planning and performing these procedures, we considered the internal control structure of the pari-mutuel departments; however, our procedures were substantially less in scope than the procedures we would have applied if we had been engaged to express an opinion on the internal control. Accordingly, we do not express an opinion on their internal control structure.
Sincerely,
GARY A. JONES, CPA, CFE
OKLAHOMA STATE AUDITOR & INSPECTOR
September 2, 2011
INTRODUCTORY COMMENTS
Statistical data and information contained herein are for presentation purposes only. Summations may differ due to rounding.
Statistical data compiled for this report is presented as a summary of wagers (handle), distribution of fees, commissions, and purses for each race meeting by association or fair. This compilation of statistical data does not purport to replace any association or independent auditor’s end-of-meet conclusions.
Data contained in this report was compiled from the United Tote Company located at Fair Meadows in Tulsa.
Reference notes behind titles (See Note) indicate clarifying data in the Endnotes of this report.
A glossary of report terms, titles, and headings can be found in the Appendix.
iii Guest
Live
Simulcast
Facilities
Grand
Days
Days
Total
(See Note 1)
Total
NET WAGERED
$3,869,967.70
$348,026.50
$4,217,994.20
$2,866,147.42
$7,084,141.62
COMMISSIONS:
Licensee
406,780.46
35,178.09
441,958.55
58,470.76
500,429.31
Purses
271,972.22
28,217.56
300,189.78
29,234.86
329,424.64
Host Track
114,426.64
12,376.80
126,803.44
0.00
126,803.44
State Tax
0.00
0.00
0.00
0.00
0.00
County Tax (See Note 4)
0.00
0.00
0.00
0.00
0.00
City Tax (See Note 4)
0.00
0.00
0.00
0.00
0.00
State Auditor
2,639.22
348.03
2,987.25
0.00
2,987.25
Breeding Development Fund
Special Account (B.D.F.S.A.)
6,855.45
0.00
6,855.45
624.35
7,479.80
OTHERS:
Breakage
21,498.52
1,210.52
22,709.04
0.00
22,709.04
Unclaimed Tickets (See Note 3)
0.00
0.00
0.00
0.00
0.00
TOTAL COMMISSIONS
AND OTHERS:
824,172.51
77,331.00
901,503.51
$88,329.97
$989,833.48
NET PAID TO THE PUBLIC
$3,045,795.19
$270,695.50
$3,316,490.69
JUNE 3, 2011 THROUGH JULY 23, 2011
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
DISTRIBUTION SUMMARY OF NET WAGERED
92%
8%
NET WAGERED $4,217,994.20
Live Race Days
Simulcast Race Days
0
100
200
300
400
500
Thousands
TOTAL COMMISSIONS AND OTHERS
Live Race Days
Simulcast Race Days
-2-
Grand
On-Track
OTW
On-Track
OTW
On-Track
OTW
Total
NET WAGERED
$1,230,748.70
$0.00
$2,639,219.00
$0.00
$0.00
$0.00
$3,869,967.70
COMMISSIONS:
Licensee
164,052.61
0.00
242,727.85
0.00
0.00
0.00
406,780.46
Purses
82,028.72
0.00
189,943.50
0.00
0.00
0.00
271,972.22
Host Track
0.00
0.00
114,426.64
0.00
0.00
0.00
114,426.64
State Tax
0.00
0.00
0.00
0.00
0.00
0.00
0.00
County Tax
0.00
0.00
0.00
0.00
0.00
0.00
0.00
City Tax
0.00
0.00
0.00
0.00
0.00
0.00
0.00
State Auditor
0.00
0.00
2,639.22
0.00
0.00
0.00
2,639.22
Breeding Development Fund
Special Account (B.D.F.S.A.)
6,855.45
0.00
0.00
0.00
0.00
0.00
6,855.45
OTHERS:
Breakage
9,110.02
0.00
12,388.50
0.00
0.00
0.00
21,498.52
Unclaimed Tickets
0.00
0.00
0.00
0.00
0.00
0.00
0.00
TOTAL COMMISSIONS
AND OTHERS:
262,046.80
0.00
562,125.71
0.00
0.00
0.00
824,172.51
NET PAID TO THE PUBLIC
$968,701.90
$0.00
$2,077,093.29
$0.00
$0.00
$0.00
$3,045,795.19
Live
Simulcast
Intrastate
Live Days
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
DISTRIBUTION SUMMARY OF NET WAGERED-LIVE DAYS
JUNE 3, 2011 THROUGH JULY 23, 2011
40%
0%
60%
0%
NET WAGERED $3,869,967.70
Live On-Track
Live-OTW
Simulcast On-Track
Simulcast-OTW
Intrastate On-Track
Intrastate OTW
0
50
100
150
200
250
Thousands
TOTAL COMMISSIONS AND OTHERS
Live On-Track
Live-OTW
Simulcast On-Track
Simulcast-OTW
Intrastate On-Track
Intrastate OTW
-3-
Grand
On-Track
OTW
On-Track
OTW
Total
NET WAGERED
$348,026.50
$0.00
$0.00
$0.00
$348,026.50
COMMISSIONS:
Licensee
35,178.09
0.00
0.00
0.00
35,178.09
Purses
28,217.56
0.00
0.00
0.00
28,217.56
Host Track
12,376.80
0.00
0.00
0.00
12,376.80
State Tax
0.00
0.00
0.00
0.00
0.00
County Tax
0.00
0.00
0.00
0.00
0.00
City Tax
0.00
0.00
0.00
0.00
0.00
State Auditor
348.03
0.00
0.00
0.00
348.03
Breeding Development Fund
Special Account (B.D.F.S.A.)
0.00
0.00
0.00
0.00
0.00
OTHERS:
Breakage
1,210.52
0.00
0.00
0.00
1,210.52
Unclaimed Tickets
0.00
0.00
0.00
0.00
0.00
TOTAL COMMISSIONS
AND OTHERS:
$77,331.00
$0.00
$0.00
$0.00
$77,331.00
NET PAID TO THE PUBLIC
$270,695.50
$0.00
$0.00
$0.00
$270,695.50
Simulcast
Intrastate
JUNE 3, 2011 THROUGH JULY 23, 2011
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
DISTRIBUTION SUMMARY OF NET WAGERED-SIMULCAST DAYS
Simulcast Days
100%
0%
NET WAGERED $348,026.50
On-Track
OTW
On-Track Intrastate
OTW Intrastate
0
10
20
30
40
50
Thousands
TOTAL COMMISSIONS AND OTHERS
On-Track
OTW
On-Track Intrastate
OTW Intrastate
-4-
Grand
Intrastate
Interstate
Total
NET WAGERED
$260,601.20
$2,605,546.22
$2,866,147.42
COMMISSIONS:
Licensee
6,905.84
51,564.92
58,470.76
Purses
3,452.42
25,782.44
29,234.86
Host Track
0.00
0.00
0.00
State Tax
0.00
0.00
0.00
County Tax
0.00
0.00
0.00
City Tax
0.00
0.00
0.00
State Auditor
0.00
0.00
0.00
Breeding Development Fund
Special Account (B.D.F.S.A.)
79.43
544.92
624.35
OTHERS:
Breakage
0.00
0.00
0.00
Unclaimed Tickets
0.00
0.00
0.00
TOTAL COMMISSIONS
AND OTHERS:
$10,437.69
$77,892.28
$88,329.97
Guest Facilities
(See Note 1)
JUNE 3, 2011 THROUGH JULY 23, 2011
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
DISTRIBUTION SUMMARY OF NET WAGERED-GUEST FACILITIES
9%
91%
NET WAGERED $2,866,147.42
Intrastate
Interstate
0
10
20
30
40
50
60
Thousands
TOTAL COMMISSIONS AND OTHERS
Intrastate
Interstate
-5-
Grand
On-Track
OTW
On-Track
OTW
On-Track
OTW
On-Track
OTW
On-Track
OTW
On-Track
OTW
Total
Win, Place, Show
$545,204.00
$0.00
$821,233.00
$0.00
$0.00
$0.00
$72,717.00
$0.00
$0.00
$0.00
$1,439,154.00
$0.00
$1,439,154.00
Daily Double
12,775.00
0.00
54,912.00
0.00
0.00
0.00
7,875.00
0.00
0.00
0.00
75,562.00
0.00
75,562.00
Exacta
222,131.00
0.00
632,887.00
0.00
0.00
0.00
91,259.00
0.00
0.00
0.00
946,277.00
0.00
946,277.00
Quinella
89,521.00
0.00
27,298.00
0.00
0.00
0.00
1,730.00
0.00
0.00
0.00
118,549.00
0.00
118,549.00
Trifecta
215,565.00
0.00
526,760.30
0.00
0.00
0.00
77,565.00
0.00
0.00
0.00
819,890.30
0.00
819,890.30
Pick Three
12,300.00
0.00
63,236.50
0.00
0.00
0.00
11,802.00
0.00
0.00
0.00
87,338.50
0.00
87,338.50
Pick Four
0.00
0.00
82,426.50
0.00
0.00
0.00
8,448.50
0.00
0.00
0.00
90,875.00
0.00
90,875.00
Pick Five
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Pick Six
0.00
0.00
15,233.60
0.00
0.00
0.00
4,466.40
0.00
0.00
0.00
19,700.00
0.00
19,700.00
Other Multiple Pick
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Twin Trifecta
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Superfecta
133,252.70
0.00
415,232.10
0.00
0.00
0.00
72,163.60
0.00
0.00
0.00
620,648.40
0.00
620,648.40
NET WAGERED
$1,230,748.70
$0.00
$2,639,219.00
$0.00
$0.00
$0.00
$348,026.50
$0.00
$0.00
$0.00
$4,217,994.20
$0.00
$4,217,994.20
-6-
Total
JUNE 3, 2011 THROUGH JULY 23, 2011
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
NET WAGERED BY POOL
Live Races
Simulcast Races
Intrastate
Live Days
Simulcast Days
Simulcast Races
Intrastate
0
100
200
300
400
500
600
700
800
900
Win, Place, Show
Daily Double
Exacta
Quinella
Trifecta
Pick Three
Pick Four
Pick Five
Pick Six
Other Multiple Pick
Twin Trifecta
Superfecta
Thousands
NET WAGERED BY POOL
Live Days:Live On-Track
Live Days:Live OTW
Live Days:Simulcast On-Track
Live Days:Simulcast OTW
Live Days:Intrastate On-Track
Live Days:Intrastate OTW
Simulcast Days:Simulcast On-Track
Simulcast Days:Simulcast OTW
Simulcast Days:Intrastate On-Track
Simulcast Days:Intrastate OTWTotal
Total
Live
Simulcast
Simulcast
Live
Simulcast
Grand
Races
Races
Days
Races
Races
Total
Thoroughbred
$467,081.70
$2,356,487.50
$305,642.70
$467,081.70
$2,662,130.20
$3,129,211.90
Quarter Horse
548,492.10
98,373.50
0.00
548,492.10
98,373.50
646,865.60
Paint/Appaloosa
208,967.50
0.00
0.00
208,967.50
0.00
208,967.50
Mixed
6,207.40
149,046.80
25,491.90
6,207.40
174,538.70
180,746.10
Steeplechase/Harness
0.00
35,311.20
16,891.90
0.00
52,203.10
52,203.10
OTW (See Note 2)
0.00
0.00
0.00
0.00
0.00
0.00
NET WAGERED
$1,230,748.70
$2,639,219.00
$348,026.50
$1,230,748.70
$2,987,245.50
$4,217,994.20
Live Days
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
NET WAGERED BY BREED
JUNE 3, 2011 THROUGH JULY 23, 2011
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
Thousands
NET WAGERED BY BREED
Live Days/Live Races
Live Days/Simulcast Races
Simulcast Days
-7-
Total
Total
Live
Simulcast
Simulcast
Live
Simulcast
Grand
Races
Races
Days
Races
Races
Total
Thoroughbred
168
3,222
826
168
4,048
4,216
Quarter Horse
178
261
0
178
261
439
Paint/Appaloosa
60
0
0
60
0
60
Mixed
2
578
154
2
732
734
Steeplechase/Harness
0
291
147
0
438
438
OTW (See Note 2)
0
0
0
0
0
0
NET WAGERED
408
4,352
1,127
408
5,479
5,887
JUNE 3, 2011 THROUGH JULY 23, 2011
Live Days
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
NUMBER OF RACES BY BREED
0
1
2
3
4
5
6
7
8
Thousands
NUMBER OF RACES BY BREED
Live Days/Live Races
Live Days/Simulcast Races
Simulcast Days
-8-
Live
Simulcast
Days
Days
Race Meeting
(See Note 5 )
(See Note 5)
Totals/Averages
Net Wagered
$3,869,967.70
$348,026.50
$4,217,994.20
Number of Race Days
34
11
45
Average Daily Handle
113,822.58
31,638.77
93,733.20
LIVE RACES
Average Wagered Per Race:
Thoroughbred
2,780.25
0.00
2,780.25
Quarter Horse
3,081.42
0.00
3,081.42
Paint/Appaloosa
3,482.79
0.00
3,482.79
Mixed
3,103.70
0.00
3,103.70
Steeplechase/Harness
0.00
0.00
0.00
OTW
0.00
0.00
0.00
Average Races Per Day
Thoroughbred
4.94
0.00
4.94
Quarter Horse
5.24
0.00
5.24
Paint/Appaloosa
1.76
0.00
1.76
Mixed
0.06
0.00
0.06
Steeplechase/Harness
0.00
0.00
0.00
OTW
0.00
0.00
0.00
SIMULCAST RACES
Average Wagered Per Race:
Thoroughbred
731.37
370.03
657.64
Quarter Horse
376.91
0.00
376.91
Paint/Appaloosa
0.00
0.00
0.00
Mixed
257.87
165.53
238.44
Steeplechase/Harness
121.34
114.91
119.19
OTW
0.00
0.00
0.00
Average Races Per Day
Thoroughbred
94.76
75.09
89.96
Quarter Horse
7.68
0.00
5.80
Paint/Appaloosa
0.00
0.00
0.00
Mixed
17.00
14.00
16.27
Steeplechase/Harness
8.56
13.36
9.73
OTW
0.00
0.00
0.00
Federal Income Tax Withheld
$9,593.00
$0.00
$9,593.00
State Income Tax Withheld
$1,533.00
$0.00
$1,533.00
JUNE 3, 2011 THROUGH JULY 23, 2011
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
OTHER STATISTICAL INFORMATION
-9-
2010 to 2011
2009 to 2010
2011
2010
2009
Increase
%
Increase
%
(Decrease)
Change
(Decrease)
Change
NET WAGERED
$4,217,994.20
$4,463,955.50
$4,807,644.00
($245,961.30)
-5.51%
-$343,688.50
-7.15%
COMMISSIONS:
Licensee
500,429.31
528,288.45
563,854.02
(27,859.14)
-5.27%
(35,565.57)
-6.31%
Purses
329,424.64
342,538.41
366,236.27
(13,113.77)
-3.83%
(23,697.86)
-6.47%
Host Track
126,803.44
120,018.80
122,982.87
6,784.64
5.65%
(2,964.07)
-2.41%
State Tax
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
County Tax (See Note 4)
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
City Tax (See Note 4)
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
State Auditor
2,987.25
3,024.30
3,120.80
(37.05)
-1.23%
(96.50)
-3.09%
Breeding Development Fund
Special Account
7,479.80
8,476.67
9,198.69
(996.87)
-11.76%
(722.02)
-7.85%
OTHERS:
Breakage
22,709.04
28,726.46
28,530.47
(6,017.42)
-20.95%
195.99
0.69%
Unclaimed Tickets
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
TOTAL COMMISSIONS AND
OTHERS
989,833.48
1,031,073.09
1,093,923.12
(41,239.61)
-4.00%
(62,850.03)
-5.75%
TOTAL COMMISSIONS
RECEIVED FROM GUEST
FACILITIES
88,329.97
89,993.24
71,626.43
(1,663.27)
-1.85%
18,366.81
25.64%
NET PAID TO THE PUBLIC
$3,316,490.69
$3,522,875.65
$3,785,347.31
($206,384.96)
-5.86%
($262,471.66)
-6.93%
JUNE 3, 2011 THROUGH JULY 23, 2011
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
PRIOR YEAR COMPARISON - DISTRIBUTION SUMMARY OF NET WAGERED
PRIOR YEAR COMPARISON OF NET WAGERED
2011
2010
2009
-10-
2010 to 2011
2009 to 2010
2011
2010
2009
Increase
%
Increase
%
(Decrease)
Change
(Decrease)
Change
Win, Place, Show
$1,439,154.00
$1,700,506.00
$1,705,841.00
($261,352.00)
-15.37%
($5,335.00)
-0.31%
Daily Double
$75,562.00
$70,591.00
$76,702.00
4,971.00
7.04%
(6,111.00)
-7.97%
Exacta
$946,277.00
$1,009,320.00
$1,096,696.00
(63,043.00)
-6.25%
(87,376.00)
-7.97%
Quinella
$118,549.00
$161,720.00
$199,649.00
(43,171.00)
-26.69%
(37,929.00)
-19.00%
Trifecta
$819,890.30
$825,858.00
$952,539.50
(5,967.70)
-0.72%
(126,681.50)
-13.30%
Pick Three
$87,338.50
$67,315.00
$70,961.00
20,023.50
29.75%
(3,646.00)
-5.14%
Pick Four
$90,875.00
$61,012.20
$72,974.30
29,862.80
48.95%
(11,962.10)
-16.39%
Pick Five
$0.00
$0.00
$0.00
0.00
0.00%
0.00
0.00%
Pick Six
$19,700.00
$20,563.00
$22,319.10
(863.00)
-4.20%
(1,756.10)
-7.87%
Other Multiple Pick
$0.00
$0.00
$0.00
0.00
0.00%
0.00
0.00%
Twin Trifecta
$0.00
$0.00
$74.00
0.00
0.00%
(74.00)
-100.00%
Superfecta
$620,648.40
$547,070.30
$609,888.10
73,578.10
13.45%
(62,817.80)
-10.30%
NET WAGERED
$4,217,994.20
$4,463,955.50
$4,807,644.00
($245,961.30)
-5.51%
($343,688.50)
-7.15%
JUNE 3, 2011 THROUGH JULY 23, 2011
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
PRIOR YEAR COMPARISON - NET WAGERED BY POOL
0
500
1,000
1,500
2,000
Thousands
PRIOR YEAR COMPARISON OF NET WAGERED BY POOL
2011
2010
2009
-11-
2010 to 2011
2009 to 2010
2011
2010
2009
Increase
%
Increase
%
(Decrease)
Change
(Decrease)
Change
Thoroughbred
$3,129,211.90
$3,222,623.60
$3,332,919.74
($93,411.70)
-2.90%
($110,296.14)
-3.31%
Quarter Horse
$646,865.60
$791,963.90
$916,666.98
(145,098.30)
-18.32%
(124,703.08)
-13.60%
Paint/Appaloosa
$208,967.50
$218,196.80
$264,142.78
(9,229.30)
-4.23%
(45,945.98)
-17.39%
Mixed
$180,746.10
$178,771.70
$235,008.50
1,974.40
1.10%
(56,236.80)
-23.93%
Steeplechase/Harness
$52,203.10
$52,399.50
$58,906.00
(196.40)
-0.37%
(6,506.50)
-11.05%
OTW (See Note 2)
$0.00
$0.00
$0.00
0.00
0.00%
0.00
0.00%
NET WAGERED
$4,217,994.20
$4,463,955.50
$4,807,644.00
($245,961.30)
-5.51%
($343,688.50)
-7.15%
JUNE 3, 2011 THROUGH JULY 23, 2011
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
PRIOR YEAR COMPARISON - NET WAGERED BY BREED
0
1,250
2,500
Thousands
PRIOR YEAR COMPARISON -NET WAGERED BY BREED
2011
2010
2009
-12-
2010 to 2011
2009 to 2010
2011
2010
2009
Increase
%
Increase
%
(Decrease)
Change
(Decrease)
Change
Thoroughbred
4,216
4,260
4,538
(44)
-1.03%
(278)
-6.13%
Quarter Horse
439
696
623
(257)
-36.93%
73
11.72%
Paint/Appaloosa
60
69
69
(9)
-13.04%
0
0.00%
Mixed
734
969
1,163
(235)
-24.25%
(194)
-16.68%
Steeplechase/Harness
438
415
593
23
5.54%
(178)
-30.02%
OTW (See Note 2)
0
0
0
0
0.00%
0
0.00%
NET WAGERED
5,887
6,409
6,986
(522)
-8.14%
(577)
-8.26%
JUNE 3, 2011 THROUGH JULY 23, 2011
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
PRIOR YEAR COMPARISON - NUMBER OF RACES BY BREED
0
1
2
3
4
5
Thousands
PRIOR YEAR COMPARISON -RACES BY BREED
2011
2010
2009
-13-
2010 to 2011
2009 to 2010
2011
2010
2009
Increase
%
Increase
%
(Decrease)
Change
(Decrease)
Change
Net Wagered
$4,217,994.20
$4,463,955.50
$4,807,644.00
($245,961.30)
-5.51%
($343,688.50)
-7.15%
Number of Race Days
45
53
53
(8)
-15.09%
0
0.00%
Number of Live Days
34
34
34
0
0.00%
0
0.00%
Average Daily Handle
$93,733.20
$84,225.58
$90,710.26
$9,507.62
11.29%
($6,484.68)
-7.15%
LIVE RACES
Average Wagered Per Race:
Thoroughbred
2,780.25
3,522.63
4,026.56
(742.38)
-21.07%
(503.93)
-12.52%
Quarter Horse
3,081.42
3,596.78
4,324.72
(515.36)
-14.33%
(727.94)
-16.83%
Paint/Appaloosa
3,482.79
3,162.27
3,828.16
320.52
10.14%
(665.89)
-17.39%
Mixed
3,103.70
0.00
0.00
3,103.70
100.00%
0.00
0.00%
Steeplechase/Harness
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
OTW
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
Average Races Per Day
Thoroughbred
4.94
4.85
4.71
0.09
1.88%
0.14
2.97%
Quarter Horse
5.24
5.24
5.29
0.00
0.00%
(0.05)
-0.95%
Paint/Appaloosa
1.76
2.03
2.03
(0.27)
-13.30%
0.00
0.00%
Mixed
0.06
0.00
0.00
0.06
100.00%
0.00
0.00%
Steeplechase/Harness
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
OTW
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
SIMULCAST RACES
Average Wagered Per Race:
Thoroughbred
657.64
645.03
614.13
12.61
1.95%
30.90
5.03%
Quarter Horse
376.91
292.93
312.00
83.98
28.67%
(19.07)
-6.11%
Paint/Appaloosa
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
Mixed
238.44
184.49
202.07
53.95
29.24%
(17.58)
-8.70%
Steeplechase/Harness
119.19
126.26
99.34
(7.07)
-5.60%
26.92
27.10%
OTW
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
Average Races Per Day
Thoroughbred
89.96
89.02
82.60
0.94
1.06%
6.42
7.77%
Quarter Horse
5.80
11.26
8.36
(5.46)
-48.49%
2.90
34.69%
Paint/Appaloosa
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
Mixed
16.27
21.07
21.94
(4.80)
-22.78%
(0.87)
-3.97%
Steeplechase/Harness
9.73
9.02
11.19
0.71
7.87%
(2.17)
-19.39%
OTW
0.00
0.00
0.00
0.00
0.00%
0.00
0.00%
Federal Income Tax Withheld
9,593.00
$9,514.00
$1,768.00
$79.00
0.83%
$7,746.00
438.12%
State Income Tax Withheld
1,533.00
$1,520.00
$282.00
$13.00
0.86%
$1,238.00
439.01%
JUNE 3, 2011 THROUGH JULY 23, 2011
STATISTICAL REPORT OF OPERATIONS
FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING
PRIOR YEAR COMPARISON - STATISTICAL INFORMATION
-14-
-15-
ENDNOTES
NOTE 1
Handle for guest facilities are not considered a part of the total net wagered. Intrastate guest commissions are also reported as a Host payment from another in-state racing facility.
NOTE 2
Wagers and number of races placed at OTW sites are not available by breed at this time.
NOTE 3
2011 unclaimed tickets will be reported in the year-end report for all tracks.
NOTE 4
City and County tax amounts represent both live and simulcast races.
NOTE 5
Race day number totals and net wagered dollars are a compilation of on-track and OTW amounts. Therefore, care must be taken when interpreting and analyzing averages.
APPENDIX
(TERMS, HEADINGS, AND TITLES)
-16-
APPALOOSA HORSE RACING The form of horse racing in which each participating horse is an Appaloosa registered with the Appaloosa Horse Club or any successor organization and mounted by a Jockey.
ARABIAN HORSE RACING The form of horse racing in which each participating horse is an Arabian registered with the Arabian Horse Club Registry of America and approved by the Arabian Horse Racing Association of America or any successor organization, mounted by a Jockey, and engaged in races on the flat over a distance of not less than one-quarter (1/4) mile or more than four (4) miles.
ATTENDANCE Number of people at licensed Oklahoma wagering sites as reported by individual associations or fairs.
BREEDING DEVELOPMENT FUND SPECIAL ACCOUNT (B.D.F.S.A.) All monies received by the Commission for deposit in the fund as revenue received from commissions on exotic wagering as determined by Oklahoma Statutes.
BREAKAGE The odd cents by which the amount payable on each dollar wagered exceeds a multiple of ten cents.
COMMISSIONS Takeout or monies withheld from pari-mutuel wagering as prescribed by Oklahoma Statutes.
EXOTIC POOLS Means the total wagers under the pari-mutuel system on the finishing position of two or more horses on one race or on the finishing position on one or more horses for two or more races.
GUEST FACILITY An association authorized by the Commission to offer, sell, cash, redeem, or exchange pari-mutuel tickets on races being run at a host association.
HOST TRACK An association conducting a licensed pari-mutuel meeting from which authorized contests or entire performances are simulcast.
INTERSTATE Refers to between states, i.e. Wagering conducted by a betting system outside the State of Oklahoma on the results of one or more races running at an Oklahoma host association. APPENDIX
(TERMS, HEADINGS, AND TITLES)
-17-
INTRASTATE Refers to within the State, i.e. the exchange of live racing programs between any Oklahoma racing associations for the purpose of wagering.
LICENSEE A pari-mutuel organization granted a license by the Oklahoma Horse Racing Commission to conduct pari-mutuel racing.
LOCAL TAX (CITY/COUNTY) Additional takeout designated for distribution to local municipalities. Local municipalities receive a distribution of total monies wagered at an off-track wagering facility as designated by law.
NET PAID TO PUBLIC Winnings from pari-mutuel wagers returned to the public.
NET WAGERED The Net Wagered column includes all common pool wagering accepted by Oklahoma organizational licenses on live and simulcast races.
OFF-TRACK WAGERING (OTW) Any organization licensee shall file with the Oklahoma Horse Racing Commission its plan to conduct pari-mutuel wagering at a facility or facilities located outside the organization licensee’s racing enclosure.
OKLAHOMA BRED PROGRAM An accredited Oklahoma-Bred horse shall mean an Arabian, Appaloosa, Quarter, Paint, Pinto, Thoroughbred, and any other breed not otherwise specified in the Act, and which meets certain requirements.
ON-TRACK Refers to activity at the host track facility.
PAINT HORSE RACING The form of horse racing in which each participating horse is a Paint horse registered with the American Paint Horse Association or any successor organization and mounted by a Jockey.
PARI-MUTUEL A form of wagering on the outcome of horse races whereby wagers are placed into wagering pools; win, place, show, or other pools designating the finishing position of two or more horses in a race or races. When the outcome of the race or races has been declared official, wagers comprising each pool are distributed as winnings less the amounts retained as takeout: licensee, purses, host, etc.
APPENDIX
(TERMS, HEADINGS, AND TITLES)
-18-
PARI-MUTUEL SYSTEM OF WAGERING The form of wagering on the outcome of horse races in which those who wager, purchase tickets of various denominations on a horse or horses.
PARI-MUTUEL TAX Taxes of wagered retained by the State of Oklahoma from pari-mutuel wagering.
PER CAPITA Per capita, total wagers divided by total attendance.
PINTO HORSE RACING The form of horse racing in which each participating horse is a Pinto horse registered with the Pinto Horse Association of American, Inc., or any successor organization and mounted by a Jockey.
PURSES Portion of the takeout retained by horsemen from pari-mutuel wagering as determined by Oklahoma Statutes.
QUARTER HORSE RACING The form of horse racing in which each participating horse is a Quarter Horse registered with the American Quarter Horse Association or any successor organization, mounted by a Jockey, and engaged in a race on the flat.
RACE DAY A day during which horse races are conducted at a sanctioned track.
RACE MEETING The entire period of time not to exceed twenty (20) calendar days separating any race days for which an organization license has been granted to a person by the Commission to hold horse racing where a pari-mutuel system of wagering is conducted.
APPENDIX
(TERMS, HEADINGS, AND TITLES)
-19-
SIMULCAST Means audio-visual transmission of a race meeting to off-track betting systems for the purpose of accepting wagers on the results of horse racing events. This may include the transmission of pari-mutuel wagering odds, amounts wagered and the payoffs of such events, and other horse racing programming relating to the racehorses or participants.
SIMULCAST DAYS Day when the organization licensee is not conducting live racing, the licensee may accept wagers on the results of not more than six out-of-state full racing programs.
STATE AUDITOR FEE The State Auditor and Inspector receives one-tenth of one percent (1/10th of 1%) of total monies wagered at the racing enclosure on out-of-state simulcast races as well as OTW facilities on all races.
THOROUGHBRED HORSE RACING The form of horse racing in which each participating horse is a Thoroughbred horse registered with The Jockey Club or any successor organization, mounted by a Jockey, and engaged in races on the flat.
UNCLAIMED TICKETS Ticket must be cashed within sixty (60) days after its purchase. Any unclaimed proceeds will be deposited into the Oklahoma Breeding Development Fund Special Account on a calendar quarterly basis.
WIN, PLACE, SHOW (WPS) The total wagers under the pari-mutuel system on any horse in a particular race to finish first, second, or third. OFFICE OF THE STATE AUDITOR AND INSPECTOR
2300 N. LINCOLN BOULEVARD, ROOM 100
OKLAHOMA CITY, OK 73105-4896
WWW.SAI.OK.GOV
Object Description
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| Title | Fair Meadows Mixed Breed 11FINAL |
| OkDocs Class# | A3706 H817fm/mb/sro 6-7/2011 |
| Digital Format | PDF, Adobe Reader required |
| ODL electronic copy | Downloaded from agency website: www.sai.ok.gov/Search%20Reports/database/FairMeadMix11FINAL.pdf |
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| Language | English |
| Full text | STATISTICAL AUDIT Oklahoma Horse Racing Commission Statistical Report of Operations Fair Meadows - Mixed Breed Race Meeting June 3, 2011 through July 23, 2011 Oklahoma State Auditor & Inspector Gary A. Jones, CPA, CFE Independently serving the citizens of Oklahoma by promoting the accountability and fiscal integrity of governmental funds.This publication, issued by the Oklahoma State Auditor and Inspector’s Office as authorized by 74 O.S. § 212, has not been printed, but is available on the agency’s website (www.sai.ok.gov) and in the Oklahoma Department of Libraries Publications Clearinghouse Digital Collection, pursuant to 74 O.S. § 3105.B. . OKLAHOMA HORSE RACING COMMISSION STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS – MIXED BREED RACE MEETING JUNE 3, 2011 THROUGH JULY 23, 2011 September 2, 2011 TO THE MEMBERS OF THE OKLAHOMA HORSE RACING COMMISSION Transmitted herewith is the Statistical Report of Operations for Fair Meadows at Tulsa – Mixed Breed Race Meeting June 3, 2011 through July 23, 2011. The goal of the State Auditor and Inspector is to promote accountability and fiscal integrity in the state and local government. Maintaining our independence as we provide this service to the taxpayers of Oklahoma is of the utmost importance. We wish to take this opportunity to express our appreciation for the assistance and cooperation extended to our office during our engagement. Sincerely, GARY A. JONES, CPA, CFE OKLAHOMA STATE AUDITOR & INSPECTOR -i- OKLAHOMA HORSE RACING COMMISSION STATISTICAL REPORT OF OPERATIONS WILL ROGERS DOWNS – THOROUGHBRED RACE MEETING JUNE 3, 2011 THROUGH JULY 23, 2011 TABLE OF CONTENTS PAGE STATE AUDITOR AND INSPECTOR LETTER ...................................................................................... ii INTRODUCTORY COMMENTS ......................................................................................................... iii DISTRIBUTION SUMMARY OF NET WAGERED .................................................................................. 2 DISTRIBUTION SUMMARY OF NET WAGERED - LIVE DAYS ............................................................... 3 DISTRIBUTION SUMMARY OF NET WAGERED - SIMULCAST DAYS ..................................................... 4 DISTRIBUTION SUMMARY OF NET WAGERED - GUEST FACILITIES .................................................... 5 NET WAGERED BY POOL............................................................................................................... 6 NET WAGERED BY BREED ............................................................................................................. 7 NUMBER OF RACES BY BREED ...................................................................................................... 8 OTHER STATISTICAL INFORMATION................................................................................................ 9 PRIOR YEAR COMPARISON OF DISTRIBUTION SUMMARY OF NET WAGERED .................................. 10 PRIOR YEAR COMPARISON OF NET WAGERED BY POOL ............................................................... 11 PRIOR YEAR COMPARISON OF NET WAGERED BY BREED ............................................................. 12 PRIOR YEAR COMPARISON OF NUMBER OF RACES BY BREED ...................................................... 13 PRIOR YEAR COMPARISON OF OTHER STATISTICAL INFORMATION ................................................ 14 ENDNOTES ................................................................................................................................ 15 APPENDIX ................................................................................................................................. 16 TO THE MEMBERS OF THE OKLAHOMA HORSE RACING COMMISSION We compiled the information presented in this report from the statistical data obtained from the United Tote Company located at Fair Meadows during the Mixed Breed Race Meeting for June 3, 2011 through July 23, 2011. We were not engaged to perform an audit in accordance with generally accepted auditing standards, the objective of which would be the expression of an opinion on specified elements or accounts. Accordingly, we do not express such an opinion. This report relates only to the procedures specified above and does not extend to any financial statements of the racetracks taken as a whole. In planning and performing these procedures, we considered the internal control structure of the pari-mutuel departments; however, our procedures were substantially less in scope than the procedures we would have applied if we had been engaged to express an opinion on the internal control. Accordingly, we do not express an opinion on their internal control structure. Sincerely, GARY A. JONES, CPA, CFE OKLAHOMA STATE AUDITOR & INSPECTOR September 2, 2011 INTRODUCTORY COMMENTS Statistical data and information contained herein are for presentation purposes only. Summations may differ due to rounding. Statistical data compiled for this report is presented as a summary of wagers (handle), distribution of fees, commissions, and purses for each race meeting by association or fair. This compilation of statistical data does not purport to replace any association or independent auditor’s end-of-meet conclusions. Data contained in this report was compiled from the United Tote Company located at Fair Meadows in Tulsa. Reference notes behind titles (See Note) indicate clarifying data in the Endnotes of this report. A glossary of report terms, titles, and headings can be found in the Appendix. iii Guest Live Simulcast Facilities Grand Days Days Total (See Note 1) Total NET WAGERED $3,869,967.70 $348,026.50 $4,217,994.20 $2,866,147.42 $7,084,141.62 COMMISSIONS: Licensee 406,780.46 35,178.09 441,958.55 58,470.76 500,429.31 Purses 271,972.22 28,217.56 300,189.78 29,234.86 329,424.64 Host Track 114,426.64 12,376.80 126,803.44 0.00 126,803.44 State Tax 0.00 0.00 0.00 0.00 0.00 County Tax (See Note 4) 0.00 0.00 0.00 0.00 0.00 City Tax (See Note 4) 0.00 0.00 0.00 0.00 0.00 State Auditor 2,639.22 348.03 2,987.25 0.00 2,987.25 Breeding Development Fund Special Account (B.D.F.S.A.) 6,855.45 0.00 6,855.45 624.35 7,479.80 OTHERS: Breakage 21,498.52 1,210.52 22,709.04 0.00 22,709.04 Unclaimed Tickets (See Note 3) 0.00 0.00 0.00 0.00 0.00 TOTAL COMMISSIONS AND OTHERS: 824,172.51 77,331.00 901,503.51 $88,329.97 $989,833.48 NET PAID TO THE PUBLIC $3,045,795.19 $270,695.50 $3,316,490.69 JUNE 3, 2011 THROUGH JULY 23, 2011 STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING DISTRIBUTION SUMMARY OF NET WAGERED 92% 8% NET WAGERED $4,217,994.20 Live Race Days Simulcast Race Days 0 100 200 300 400 500 Thousands TOTAL COMMISSIONS AND OTHERS Live Race Days Simulcast Race Days -2- Grand On-Track OTW On-Track OTW On-Track OTW Total NET WAGERED $1,230,748.70 $0.00 $2,639,219.00 $0.00 $0.00 $0.00 $3,869,967.70 COMMISSIONS: Licensee 164,052.61 0.00 242,727.85 0.00 0.00 0.00 406,780.46 Purses 82,028.72 0.00 189,943.50 0.00 0.00 0.00 271,972.22 Host Track 0.00 0.00 114,426.64 0.00 0.00 0.00 114,426.64 State Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 County Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 City Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 State Auditor 0.00 0.00 2,639.22 0.00 0.00 0.00 2,639.22 Breeding Development Fund Special Account (B.D.F.S.A.) 6,855.45 0.00 0.00 0.00 0.00 0.00 6,855.45 OTHERS: Breakage 9,110.02 0.00 12,388.50 0.00 0.00 0.00 21,498.52 Unclaimed Tickets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL COMMISSIONS AND OTHERS: 262,046.80 0.00 562,125.71 0.00 0.00 0.00 824,172.51 NET PAID TO THE PUBLIC $968,701.90 $0.00 $2,077,093.29 $0.00 $0.00 $0.00 $3,045,795.19 Live Simulcast Intrastate Live Days STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING DISTRIBUTION SUMMARY OF NET WAGERED-LIVE DAYS JUNE 3, 2011 THROUGH JULY 23, 2011 40% 0% 60% 0% NET WAGERED $3,869,967.70 Live On-Track Live-OTW Simulcast On-Track Simulcast-OTW Intrastate On-Track Intrastate OTW 0 50 100 150 200 250 Thousands TOTAL COMMISSIONS AND OTHERS Live On-Track Live-OTW Simulcast On-Track Simulcast-OTW Intrastate On-Track Intrastate OTW -3- Grand On-Track OTW On-Track OTW Total NET WAGERED $348,026.50 $0.00 $0.00 $0.00 $348,026.50 COMMISSIONS: Licensee 35,178.09 0.00 0.00 0.00 35,178.09 Purses 28,217.56 0.00 0.00 0.00 28,217.56 Host Track 12,376.80 0.00 0.00 0.00 12,376.80 State Tax 0.00 0.00 0.00 0.00 0.00 County Tax 0.00 0.00 0.00 0.00 0.00 City Tax 0.00 0.00 0.00 0.00 0.00 State Auditor 348.03 0.00 0.00 0.00 348.03 Breeding Development Fund Special Account (B.D.F.S.A.) 0.00 0.00 0.00 0.00 0.00 OTHERS: Breakage 1,210.52 0.00 0.00 0.00 1,210.52 Unclaimed Tickets 0.00 0.00 0.00 0.00 0.00 TOTAL COMMISSIONS AND OTHERS: $77,331.00 $0.00 $0.00 $0.00 $77,331.00 NET PAID TO THE PUBLIC $270,695.50 $0.00 $0.00 $0.00 $270,695.50 Simulcast Intrastate JUNE 3, 2011 THROUGH JULY 23, 2011 STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING DISTRIBUTION SUMMARY OF NET WAGERED-SIMULCAST DAYS Simulcast Days 100% 0% NET WAGERED $348,026.50 On-Track OTW On-Track Intrastate OTW Intrastate 0 10 20 30 40 50 Thousands TOTAL COMMISSIONS AND OTHERS On-Track OTW On-Track Intrastate OTW Intrastate -4- Grand Intrastate Interstate Total NET WAGERED $260,601.20 $2,605,546.22 $2,866,147.42 COMMISSIONS: Licensee 6,905.84 51,564.92 58,470.76 Purses 3,452.42 25,782.44 29,234.86 Host Track 0.00 0.00 0.00 State Tax 0.00 0.00 0.00 County Tax 0.00 0.00 0.00 City Tax 0.00 0.00 0.00 State Auditor 0.00 0.00 0.00 Breeding Development Fund Special Account (B.D.F.S.A.) 79.43 544.92 624.35 OTHERS: Breakage 0.00 0.00 0.00 Unclaimed Tickets 0.00 0.00 0.00 TOTAL COMMISSIONS AND OTHERS: $10,437.69 $77,892.28 $88,329.97 Guest Facilities (See Note 1) JUNE 3, 2011 THROUGH JULY 23, 2011 STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING DISTRIBUTION SUMMARY OF NET WAGERED-GUEST FACILITIES 9% 91% NET WAGERED $2,866,147.42 Intrastate Interstate 0 10 20 30 40 50 60 Thousands TOTAL COMMISSIONS AND OTHERS Intrastate Interstate -5- Grand On-Track OTW On-Track OTW On-Track OTW On-Track OTW On-Track OTW On-Track OTW Total Win, Place, Show $545,204.00 $0.00 $821,233.00 $0.00 $0.00 $0.00 $72,717.00 $0.00 $0.00 $0.00 $1,439,154.00 $0.00 $1,439,154.00 Daily Double 12,775.00 0.00 54,912.00 0.00 0.00 0.00 7,875.00 0.00 0.00 0.00 75,562.00 0.00 75,562.00 Exacta 222,131.00 0.00 632,887.00 0.00 0.00 0.00 91,259.00 0.00 0.00 0.00 946,277.00 0.00 946,277.00 Quinella 89,521.00 0.00 27,298.00 0.00 0.00 0.00 1,730.00 0.00 0.00 0.00 118,549.00 0.00 118,549.00 Trifecta 215,565.00 0.00 526,760.30 0.00 0.00 0.00 77,565.00 0.00 0.00 0.00 819,890.30 0.00 819,890.30 Pick Three 12,300.00 0.00 63,236.50 0.00 0.00 0.00 11,802.00 0.00 0.00 0.00 87,338.50 0.00 87,338.50 Pick Four 0.00 0.00 82,426.50 0.00 0.00 0.00 8,448.50 0.00 0.00 0.00 90,875.00 0.00 90,875.00 Pick Five 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Pick Six 0.00 0.00 15,233.60 0.00 0.00 0.00 4,466.40 0.00 0.00 0.00 19,700.00 0.00 19,700.00 Other Multiple Pick 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Twin Trifecta 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Superfecta 133,252.70 0.00 415,232.10 0.00 0.00 0.00 72,163.60 0.00 0.00 0.00 620,648.40 0.00 620,648.40 NET WAGERED $1,230,748.70 $0.00 $2,639,219.00 $0.00 $0.00 $0.00 $348,026.50 $0.00 $0.00 $0.00 $4,217,994.20 $0.00 $4,217,994.20 -6- Total JUNE 3, 2011 THROUGH JULY 23, 2011 STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING NET WAGERED BY POOL Live Races Simulcast Races Intrastate Live Days Simulcast Days Simulcast Races Intrastate 0 100 200 300 400 500 600 700 800 900 Win, Place, Show Daily Double Exacta Quinella Trifecta Pick Three Pick Four Pick Five Pick Six Other Multiple Pick Twin Trifecta Superfecta Thousands NET WAGERED BY POOL Live Days:Live On-Track Live Days:Live OTW Live Days:Simulcast On-Track Live Days:Simulcast OTW Live Days:Intrastate On-Track Live Days:Intrastate OTW Simulcast Days:Simulcast On-Track Simulcast Days:Simulcast OTW Simulcast Days:Intrastate On-Track Simulcast Days:Intrastate OTWTotal Total Live Simulcast Simulcast Live Simulcast Grand Races Races Days Races Races Total Thoroughbred $467,081.70 $2,356,487.50 $305,642.70 $467,081.70 $2,662,130.20 $3,129,211.90 Quarter Horse 548,492.10 98,373.50 0.00 548,492.10 98,373.50 646,865.60 Paint/Appaloosa 208,967.50 0.00 0.00 208,967.50 0.00 208,967.50 Mixed 6,207.40 149,046.80 25,491.90 6,207.40 174,538.70 180,746.10 Steeplechase/Harness 0.00 35,311.20 16,891.90 0.00 52,203.10 52,203.10 OTW (See Note 2) 0.00 0.00 0.00 0.00 0.00 0.00 NET WAGERED $1,230,748.70 $2,639,219.00 $348,026.50 $1,230,748.70 $2,987,245.50 $4,217,994.20 Live Days STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING NET WAGERED BY BREED JUNE 3, 2011 THROUGH JULY 23, 2011 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 Thousands NET WAGERED BY BREED Live Days/Live Races Live Days/Simulcast Races Simulcast Days -7- Total Total Live Simulcast Simulcast Live Simulcast Grand Races Races Days Races Races Total Thoroughbred 168 3,222 826 168 4,048 4,216 Quarter Horse 178 261 0 178 261 439 Paint/Appaloosa 60 0 0 60 0 60 Mixed 2 578 154 2 732 734 Steeplechase/Harness 0 291 147 0 438 438 OTW (See Note 2) 0 0 0 0 0 0 NET WAGERED 408 4,352 1,127 408 5,479 5,887 JUNE 3, 2011 THROUGH JULY 23, 2011 Live Days STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING NUMBER OF RACES BY BREED 0 1 2 3 4 5 6 7 8 Thousands NUMBER OF RACES BY BREED Live Days/Live Races Live Days/Simulcast Races Simulcast Days -8- Live Simulcast Days Days Race Meeting (See Note 5 ) (See Note 5) Totals/Averages Net Wagered $3,869,967.70 $348,026.50 $4,217,994.20 Number of Race Days 34 11 45 Average Daily Handle 113,822.58 31,638.77 93,733.20 LIVE RACES Average Wagered Per Race: Thoroughbred 2,780.25 0.00 2,780.25 Quarter Horse 3,081.42 0.00 3,081.42 Paint/Appaloosa 3,482.79 0.00 3,482.79 Mixed 3,103.70 0.00 3,103.70 Steeplechase/Harness 0.00 0.00 0.00 OTW 0.00 0.00 0.00 Average Races Per Day Thoroughbred 4.94 0.00 4.94 Quarter Horse 5.24 0.00 5.24 Paint/Appaloosa 1.76 0.00 1.76 Mixed 0.06 0.00 0.06 Steeplechase/Harness 0.00 0.00 0.00 OTW 0.00 0.00 0.00 SIMULCAST RACES Average Wagered Per Race: Thoroughbred 731.37 370.03 657.64 Quarter Horse 376.91 0.00 376.91 Paint/Appaloosa 0.00 0.00 0.00 Mixed 257.87 165.53 238.44 Steeplechase/Harness 121.34 114.91 119.19 OTW 0.00 0.00 0.00 Average Races Per Day Thoroughbred 94.76 75.09 89.96 Quarter Horse 7.68 0.00 5.80 Paint/Appaloosa 0.00 0.00 0.00 Mixed 17.00 14.00 16.27 Steeplechase/Harness 8.56 13.36 9.73 OTW 0.00 0.00 0.00 Federal Income Tax Withheld $9,593.00 $0.00 $9,593.00 State Income Tax Withheld $1,533.00 $0.00 $1,533.00 JUNE 3, 2011 THROUGH JULY 23, 2011 STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING OTHER STATISTICAL INFORMATION -9- 2010 to 2011 2009 to 2010 2011 2010 2009 Increase % Increase % (Decrease) Change (Decrease) Change NET WAGERED $4,217,994.20 $4,463,955.50 $4,807,644.00 ($245,961.30) -5.51% -$343,688.50 -7.15% COMMISSIONS: Licensee 500,429.31 528,288.45 563,854.02 (27,859.14) -5.27% (35,565.57) -6.31% Purses 329,424.64 342,538.41 366,236.27 (13,113.77) -3.83% (23,697.86) -6.47% Host Track 126,803.44 120,018.80 122,982.87 6,784.64 5.65% (2,964.07) -2.41% State Tax 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% County Tax (See Note 4) 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% City Tax (See Note 4) 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% State Auditor 2,987.25 3,024.30 3,120.80 (37.05) -1.23% (96.50) -3.09% Breeding Development Fund Special Account 7,479.80 8,476.67 9,198.69 (996.87) -11.76% (722.02) -7.85% OTHERS: Breakage 22,709.04 28,726.46 28,530.47 (6,017.42) -20.95% 195.99 0.69% Unclaimed Tickets 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% TOTAL COMMISSIONS AND OTHERS 989,833.48 1,031,073.09 1,093,923.12 (41,239.61) -4.00% (62,850.03) -5.75% TOTAL COMMISSIONS RECEIVED FROM GUEST FACILITIES 88,329.97 89,993.24 71,626.43 (1,663.27) -1.85% 18,366.81 25.64% NET PAID TO THE PUBLIC $3,316,490.69 $3,522,875.65 $3,785,347.31 ($206,384.96) -5.86% ($262,471.66) -6.93% JUNE 3, 2011 THROUGH JULY 23, 2011 STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING PRIOR YEAR COMPARISON - DISTRIBUTION SUMMARY OF NET WAGERED PRIOR YEAR COMPARISON OF NET WAGERED 2011 2010 2009 -10- 2010 to 2011 2009 to 2010 2011 2010 2009 Increase % Increase % (Decrease) Change (Decrease) Change Win, Place, Show $1,439,154.00 $1,700,506.00 $1,705,841.00 ($261,352.00) -15.37% ($5,335.00) -0.31% Daily Double $75,562.00 $70,591.00 $76,702.00 4,971.00 7.04% (6,111.00) -7.97% Exacta $946,277.00 $1,009,320.00 $1,096,696.00 (63,043.00) -6.25% (87,376.00) -7.97% Quinella $118,549.00 $161,720.00 $199,649.00 (43,171.00) -26.69% (37,929.00) -19.00% Trifecta $819,890.30 $825,858.00 $952,539.50 (5,967.70) -0.72% (126,681.50) -13.30% Pick Three $87,338.50 $67,315.00 $70,961.00 20,023.50 29.75% (3,646.00) -5.14% Pick Four $90,875.00 $61,012.20 $72,974.30 29,862.80 48.95% (11,962.10) -16.39% Pick Five $0.00 $0.00 $0.00 0.00 0.00% 0.00 0.00% Pick Six $19,700.00 $20,563.00 $22,319.10 (863.00) -4.20% (1,756.10) -7.87% Other Multiple Pick $0.00 $0.00 $0.00 0.00 0.00% 0.00 0.00% Twin Trifecta $0.00 $0.00 $74.00 0.00 0.00% (74.00) -100.00% Superfecta $620,648.40 $547,070.30 $609,888.10 73,578.10 13.45% (62,817.80) -10.30% NET WAGERED $4,217,994.20 $4,463,955.50 $4,807,644.00 ($245,961.30) -5.51% ($343,688.50) -7.15% JUNE 3, 2011 THROUGH JULY 23, 2011 STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING PRIOR YEAR COMPARISON - NET WAGERED BY POOL 0 500 1,000 1,500 2,000 Thousands PRIOR YEAR COMPARISON OF NET WAGERED BY POOL 2011 2010 2009 -11- 2010 to 2011 2009 to 2010 2011 2010 2009 Increase % Increase % (Decrease) Change (Decrease) Change Thoroughbred $3,129,211.90 $3,222,623.60 $3,332,919.74 ($93,411.70) -2.90% ($110,296.14) -3.31% Quarter Horse $646,865.60 $791,963.90 $916,666.98 (145,098.30) -18.32% (124,703.08) -13.60% Paint/Appaloosa $208,967.50 $218,196.80 $264,142.78 (9,229.30) -4.23% (45,945.98) -17.39% Mixed $180,746.10 $178,771.70 $235,008.50 1,974.40 1.10% (56,236.80) -23.93% Steeplechase/Harness $52,203.10 $52,399.50 $58,906.00 (196.40) -0.37% (6,506.50) -11.05% OTW (See Note 2) $0.00 $0.00 $0.00 0.00 0.00% 0.00 0.00% NET WAGERED $4,217,994.20 $4,463,955.50 $4,807,644.00 ($245,961.30) -5.51% ($343,688.50) -7.15% JUNE 3, 2011 THROUGH JULY 23, 2011 STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING PRIOR YEAR COMPARISON - NET WAGERED BY BREED 0 1,250 2,500 Thousands PRIOR YEAR COMPARISON -NET WAGERED BY BREED 2011 2010 2009 -12- 2010 to 2011 2009 to 2010 2011 2010 2009 Increase % Increase % (Decrease) Change (Decrease) Change Thoroughbred 4,216 4,260 4,538 (44) -1.03% (278) -6.13% Quarter Horse 439 696 623 (257) -36.93% 73 11.72% Paint/Appaloosa 60 69 69 (9) -13.04% 0 0.00% Mixed 734 969 1,163 (235) -24.25% (194) -16.68% Steeplechase/Harness 438 415 593 23 5.54% (178) -30.02% OTW (See Note 2) 0 0 0 0 0.00% 0 0.00% NET WAGERED 5,887 6,409 6,986 (522) -8.14% (577) -8.26% JUNE 3, 2011 THROUGH JULY 23, 2011 STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING PRIOR YEAR COMPARISON - NUMBER OF RACES BY BREED 0 1 2 3 4 5 Thousands PRIOR YEAR COMPARISON -RACES BY BREED 2011 2010 2009 -13- 2010 to 2011 2009 to 2010 2011 2010 2009 Increase % Increase % (Decrease) Change (Decrease) Change Net Wagered $4,217,994.20 $4,463,955.50 $4,807,644.00 ($245,961.30) -5.51% ($343,688.50) -7.15% Number of Race Days 45 53 53 (8) -15.09% 0 0.00% Number of Live Days 34 34 34 0 0.00% 0 0.00% Average Daily Handle $93,733.20 $84,225.58 $90,710.26 $9,507.62 11.29% ($6,484.68) -7.15% LIVE RACES Average Wagered Per Race: Thoroughbred 2,780.25 3,522.63 4,026.56 (742.38) -21.07% (503.93) -12.52% Quarter Horse 3,081.42 3,596.78 4,324.72 (515.36) -14.33% (727.94) -16.83% Paint/Appaloosa 3,482.79 3,162.27 3,828.16 320.52 10.14% (665.89) -17.39% Mixed 3,103.70 0.00 0.00 3,103.70 100.00% 0.00 0.00% Steeplechase/Harness 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% OTW 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% Average Races Per Day Thoroughbred 4.94 4.85 4.71 0.09 1.88% 0.14 2.97% Quarter Horse 5.24 5.24 5.29 0.00 0.00% (0.05) -0.95% Paint/Appaloosa 1.76 2.03 2.03 (0.27) -13.30% 0.00 0.00% Mixed 0.06 0.00 0.00 0.06 100.00% 0.00 0.00% Steeplechase/Harness 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% OTW 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% SIMULCAST RACES Average Wagered Per Race: Thoroughbred 657.64 645.03 614.13 12.61 1.95% 30.90 5.03% Quarter Horse 376.91 292.93 312.00 83.98 28.67% (19.07) -6.11% Paint/Appaloosa 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% Mixed 238.44 184.49 202.07 53.95 29.24% (17.58) -8.70% Steeplechase/Harness 119.19 126.26 99.34 (7.07) -5.60% 26.92 27.10% OTW 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% Average Races Per Day Thoroughbred 89.96 89.02 82.60 0.94 1.06% 6.42 7.77% Quarter Horse 5.80 11.26 8.36 (5.46) -48.49% 2.90 34.69% Paint/Appaloosa 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% Mixed 16.27 21.07 21.94 (4.80) -22.78% (0.87) -3.97% Steeplechase/Harness 9.73 9.02 11.19 0.71 7.87% (2.17) -19.39% OTW 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% Federal Income Tax Withheld 9,593.00 $9,514.00 $1,768.00 $79.00 0.83% $7,746.00 438.12% State Income Tax Withheld 1,533.00 $1,520.00 $282.00 $13.00 0.86% $1,238.00 439.01% JUNE 3, 2011 THROUGH JULY 23, 2011 STATISTICAL REPORT OF OPERATIONS FAIR MEADOWS AT TULSA - MIXED BREED RACE MEETING PRIOR YEAR COMPARISON - STATISTICAL INFORMATION -14- -15- ENDNOTES NOTE 1 Handle for guest facilities are not considered a part of the total net wagered. Intrastate guest commissions are also reported as a Host payment from another in-state racing facility. NOTE 2 Wagers and number of races placed at OTW sites are not available by breed at this time. NOTE 3 2011 unclaimed tickets will be reported in the year-end report for all tracks. NOTE 4 City and County tax amounts represent both live and simulcast races. NOTE 5 Race day number totals and net wagered dollars are a compilation of on-track and OTW amounts. Therefore, care must be taken when interpreting and analyzing averages. APPENDIX (TERMS, HEADINGS, AND TITLES) -16- APPALOOSA HORSE RACING The form of horse racing in which each participating horse is an Appaloosa registered with the Appaloosa Horse Club or any successor organization and mounted by a Jockey. ARABIAN HORSE RACING The form of horse racing in which each participating horse is an Arabian registered with the Arabian Horse Club Registry of America and approved by the Arabian Horse Racing Association of America or any successor organization, mounted by a Jockey, and engaged in races on the flat over a distance of not less than one-quarter (1/4) mile or more than four (4) miles. ATTENDANCE Number of people at licensed Oklahoma wagering sites as reported by individual associations or fairs. BREEDING DEVELOPMENT FUND SPECIAL ACCOUNT (B.D.F.S.A.) All monies received by the Commission for deposit in the fund as revenue received from commissions on exotic wagering as determined by Oklahoma Statutes. BREAKAGE The odd cents by which the amount payable on each dollar wagered exceeds a multiple of ten cents. COMMISSIONS Takeout or monies withheld from pari-mutuel wagering as prescribed by Oklahoma Statutes. EXOTIC POOLS Means the total wagers under the pari-mutuel system on the finishing position of two or more horses on one race or on the finishing position on one or more horses for two or more races. GUEST FACILITY An association authorized by the Commission to offer, sell, cash, redeem, or exchange pari-mutuel tickets on races being run at a host association. HOST TRACK An association conducting a licensed pari-mutuel meeting from which authorized contests or entire performances are simulcast. INTERSTATE Refers to between states, i.e. Wagering conducted by a betting system outside the State of Oklahoma on the results of one or more races running at an Oklahoma host association. APPENDIX (TERMS, HEADINGS, AND TITLES) -17- INTRASTATE Refers to within the State, i.e. the exchange of live racing programs between any Oklahoma racing associations for the purpose of wagering. LICENSEE A pari-mutuel organization granted a license by the Oklahoma Horse Racing Commission to conduct pari-mutuel racing. LOCAL TAX (CITY/COUNTY) Additional takeout designated for distribution to local municipalities. Local municipalities receive a distribution of total monies wagered at an off-track wagering facility as designated by law. NET PAID TO PUBLIC Winnings from pari-mutuel wagers returned to the public. NET WAGERED The Net Wagered column includes all common pool wagering accepted by Oklahoma organizational licenses on live and simulcast races. OFF-TRACK WAGERING (OTW) Any organization licensee shall file with the Oklahoma Horse Racing Commission its plan to conduct pari-mutuel wagering at a facility or facilities located outside the organization licensee’s racing enclosure. OKLAHOMA BRED PROGRAM An accredited Oklahoma-Bred horse shall mean an Arabian, Appaloosa, Quarter, Paint, Pinto, Thoroughbred, and any other breed not otherwise specified in the Act, and which meets certain requirements. ON-TRACK Refers to activity at the host track facility. PAINT HORSE RACING The form of horse racing in which each participating horse is a Paint horse registered with the American Paint Horse Association or any successor organization and mounted by a Jockey. PARI-MUTUEL A form of wagering on the outcome of horse races whereby wagers are placed into wagering pools; win, place, show, or other pools designating the finishing position of two or more horses in a race or races. When the outcome of the race or races has been declared official, wagers comprising each pool are distributed as winnings less the amounts retained as takeout: licensee, purses, host, etc. APPENDIX (TERMS, HEADINGS, AND TITLES) -18- PARI-MUTUEL SYSTEM OF WAGERING The form of wagering on the outcome of horse races in which those who wager, purchase tickets of various denominations on a horse or horses. PARI-MUTUEL TAX Taxes of wagered retained by the State of Oklahoma from pari-mutuel wagering. PER CAPITA Per capita, total wagers divided by total attendance. PINTO HORSE RACING The form of horse racing in which each participating horse is a Pinto horse registered with the Pinto Horse Association of American, Inc., or any successor organization and mounted by a Jockey. PURSES Portion of the takeout retained by horsemen from pari-mutuel wagering as determined by Oklahoma Statutes. QUARTER HORSE RACING The form of horse racing in which each participating horse is a Quarter Horse registered with the American Quarter Horse Association or any successor organization, mounted by a Jockey, and engaged in a race on the flat. RACE DAY A day during which horse races are conducted at a sanctioned track. RACE MEETING The entire period of time not to exceed twenty (20) calendar days separating any race days for which an organization license has been granted to a person by the Commission to hold horse racing where a pari-mutuel system of wagering is conducted. APPENDIX (TERMS, HEADINGS, AND TITLES) -19- SIMULCAST Means audio-visual transmission of a race meeting to off-track betting systems for the purpose of accepting wagers on the results of horse racing events. This may include the transmission of pari-mutuel wagering odds, amounts wagered and the payoffs of such events, and other horse racing programming relating to the racehorses or participants. SIMULCAST DAYS Day when the organization licensee is not conducting live racing, the licensee may accept wagers on the results of not more than six out-of-state full racing programs. STATE AUDITOR FEE The State Auditor and Inspector receives one-tenth of one percent (1/10th of 1%) of total monies wagered at the racing enclosure on out-of-state simulcast races as well as OTW facilities on all races. THOROUGHBRED HORSE RACING The form of horse racing in which each participating horse is a Thoroughbred horse registered with The Jockey Club or any successor organization, mounted by a Jockey, and engaged in races on the flat. UNCLAIMED TICKETS Ticket must be cashed within sixty (60) days after its purchase. Any unclaimed proceeds will be deposited into the Oklahoma Breeding Development Fund Special Account on a calendar quarterly basis. WIN, PLACE, SHOW (WPS) The total wagers under the pari-mutuel system on any horse in a particular race to finish first, second, or third. OFFICE OF THE STATE AUDITOR AND INSPECTOR 2300 N. LINCOLN BOULEVARD, ROOM 100 OKLAHOMA CITY, OK 73105-4896 WWW.SAI.OK.GOV |
| Date created | 2011-09-22 |
| Date modified | 2011-10-27 |
