CHALLENGING LONE STAR PARK SEASON CONCLUDES

For Immediate Release
Monday, July 09, 2012

16th Spring Thoroughbred Season Impacted By Short Fields and Weather On Big Event Days

           Despite facing short fields, running less races and dodging the unpredictable Texas weather, Lone Star Park rode a slight increase in simulcast-in wagering handle to maintain on-track wagering levels while average daily live handle declined 7% and average daily attendance dipped slightly to 4% for its 53-day 16th Spring Thoroughbred season which ended yesterday.

            “We are disappointed with the results. However, we are encouraged by our simulcast-in wagering numbers which increased over 2011 levels making our on-track total virtually even with last years numbers. We also are very optimistic about our upcoming off-season simulcasting in our Bar & Book with popular signals Del Mar and Saratoga starting in a few days,” said Drew Shubeck, President & General Manager.

            Average daily live handle declined 7% on Lone Star Park races. Overall, $14.9 million was wagered during the 53-day meet. The 2011 season ran 52-days and totaled $15.7 million in wagering handle. Average daily simulcast-out handle took the steepest dip declining from $763,461 in 2011 to $669,811 in 2012, a 12% decline. The total live product average declined 11% from 2011.

            Off the track, the bright spot of the season was the popular Lone Star Music Series which saw a 19% increase from 2011 totals. The 127,994 fans that attended the 9-date concert series represented 33% of Lone Star Park’s total attendance for the meet. A total of 388,248 customers attended the 53-day season for a daily average of 7,325, a 4% decline from the 2011 average of 7,620.

            “We are very pleased with our Lone Star Music Series and look forward to continuing this popular entertainment offering next year,” said Shubeck. “Our total attendance was impacted by inclement weather on several Big Event Days which hurt our numbers. However, we closed very strong with three concerts and our popular fireworks show which attracted over 66,000 people closing week.”

           On the track, a total of 4,086 starters in 488 races compared to 4,243 runners in 564 races during the 52-day meet in 2011. Average field size was 8.4 compared to 8.9 from last year, a decrease of  .5%. Average daily purses were $140,642 compared to $161,719, a 13% decrease.

  Jockey Cliff Berry won 62 races to clinch his 5th riding title and second in a row at Lone Star Park.

            Newcomers take over the trainer and owner categories as Danny Pish won his first Lone Star Park training title capturing 42 wins and End Zone Athletics, Inc. won its first owners title by capturing 17 wins from 60 starters.

            Nate’s Mineshaft won Horse of the Year honors by capturing the Grade III $300,000 Lone Star Park Handicap on Memorial Day.

           Lone Star Park’s 26-day Fall Meeting of Champions for American Quarter Horses begins on September 14.

   Here is a complete list of end of meet award recipients as well as total business levels for the 53-day season:

Season Champions

Horse of the Meeting – Nate’s Mineshaft (1-1-0-0—$174,000), won Lone Star Park Handicap, Grade III   

Champion Claiming Horse – Youcannotbeserious (7-4-1-1—$45,680) 

Champion Jockey – Cliff Berry (182-62-29-25—$832,627), 5th Lone Star Park riding title (3rd career) 

Champion Apprentice Jockey – Gerardo Mora (263-23-44-36—$212,385) 1st career title 

Champion Trainer – Danny Pish (195-42-34-32—$525,190), 1st Lone Star Park training title  

Champion Owners – End Zone Athletics, Inc.  (60-17-9-3—$139,164), 1st Lone Star Park owners title

Total Attendance & Handle 

 2012 (53 dates) 2011 (52 dates)  +/-
Attendance 388,248 396,281 -2%
On-Track, Live Handle $14.9 million $15.7 million -5%
Simulcast-In Handle $23.7 million $23.2 million +2.2%
Off-Track, Export Handle $35.5 million $39.7 million -11%
Live Product/Merge Handle (On-Track, Live & Off-Track) $50.4 million $55.4 million -9%
On-Track Total (Live Handle, Simulcast-In) $38.6 million $38.9 million -.001%
All-Sources Handle (On-Track, Live, Off-Track, Simulcast-In) $74.1 million $78.7 million -5.8%
       
Total Attendance & Handle Averages 2012 (53 dates)  2011 (52 dates)   +/-
Attendance  7,325      7,620  -4%
On-Track, Live Handle  $281,132  $301,923  -7%
Simulcast-In Handle  $447,169  $446,153  +2.2%
Off-Track, Export Handle  $669,811  $763,461  -12%
Live Product/Merge Handle (On-Track, Live & Off-Track)  $950,943  $1,065,384  -11%
On-Track Total (Live Handle, Simulcast-In)  $728,301  $748,076  -2.6%
All Sources Handle (On-Track, Live, Off-Track, Simulcast-In)  $1,398,113  $1,513,461  -7.6%

Lone Star Park at Grand Prairie, a Class I racetrack operated by Global Gaming Solutions LLC, offers a 53-day 2012 Spring Thoroughbred Season which opens Thursday, April 12 and concludes on Sunday, July 8.  Live racing will be held four days a week, Thursday and Friday at 6:35 p.m.(except Thursday, May 31 and Thursday, July 5 when there will be no live racing), and Saturday and Sunday at 1:35 p.m.  The racing program on Memorial Day, May 28, will start at 1:35 p.m.  Special twilight programs will be held at 5 p.m. on both Tuesday, July 3 (with post-race concert by award-winning country artist Pat Green) and Wednesday, July 4 (with the Lone Stars & Stripes Fireworks Celebration). The track’s 26-day, 2012 Fall Meeting of Champions for American Quarter Horses will be held from Sept. 14 to Nov. 10.

Lone Star Park is also home to the multi-million dollar simulcast racebook, sports bar and event venue, Bar & Book.  The 36,000 square foot venue is open to the public 363 days a year. For more information on Lone Star Park visit LoneStarPark.com

Global Gaming Solutions, LLC (GGS), is a wholly owned subsidiary of the Chickasaw Nation with a primary business focus of pursuing entertainment, gaming and racing related opportunities in emerging jurisdictions in the United States and overseas as well as acquisition of regional gaming and entertainment assets. GGS LLC is the parent company of GG RP, which owns Remington Park in Oklahoma City, OK and GG LSP.  Global Gaming Solutions, LLC, is the track operator who owns the license to operate Lone Star Park and leases the property from the Grand Prairie Sports Facilities Development Corporation.


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