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Woodbine Concludes a Strong 2023 Racing Season

December 26, 2023

Woodbine Race Course in Ontario Canada runs one horse racing meet per year. It starts in the spring and concludes before the Christmas Holidays, a move designed to avoid the coldest months of the year.

The first day of racing this year was April 22, 2023, with the track closing for the year on December 19. There were a total of 128 race dates this year, down slightly from 132 in 2022. The original schedule called for 133 race dates, but five (5) days of racing had to be canceled due to hot weather or air quality issues created by summer forest fires.

Second-Best All-Time Results

Even with the unexpected five (5) days of closures, Woodbine reported record results in some categories and near-record results in other categories.

Starting with the handle, the track reported an all-sources handle of $613,125,180, falling $8,000,000 from the record results recorded last year. Of the $613 million, $87 million was wagered in Ontario, $14 million from other Canadian provinces, and an amazing $512 million from foreign sources. That would mostly include the U.S.

Though the $512 million fell short of last year's $515 million, it's still an incredible number given the number reported in 2021 was only $420 million. This stands as more evidence that internet horse race betting is in control of the industry.

Other key figures from the 2023 racing season include

  • The average field size was 8.2 horses, in line with 2022
  • An average of $519,597 was bet on every race, a new record ($580 that last year)
  • The leading rider was Kazushi Kimura with 161 wins
  • The leading trainer was Mark Casse with 113 wins, 24 of them in stakes races
  • The leading owner was Bruno Schickedanz with 58 wins, marking his 10th straight owner's title

In a press release picked up by the Daily Racing Form, Woodbine Entertainment CEO Michael Copeland stated:

“Our 2023 Thoroughbred racing meet produced very strong results thanks to our exciting racing product, the strength of the Woodbine brand, and the hard work of our team and the entire horse racing community.”

Other Woodbine News

It's clear that licensed sports betting in Canada, the U.S., and Europe are legitimate threats to the future of horse racing in Canada. As a means of addressing this potentially devastating problem, Woodbine Entertainment announced a new partnership with the bet365 online gambling conglomerate.

As part of the deal, bet365 has agreed to integrate its online horse race betting platform with its sports betting platform, which is currently available in some parts of Ontario. With a goal of adding more access across Ontario in 2024, the hope is that Canadian sports bettors will allocate some of their online wagering funds to bet on horses. That would help;p boost operations at Woodbine.

It looks like it's going to be a cold winter. Horse racing fans can look forward to the 2024 Woodbine racing season starting on April 27, 2024.

 

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