Calder Casino & Race Course raised the average daily purses

Jun 4, 2011 7:16 AM

Calder Casino & Race Course on Friday resolved a dispute with South Florida horsemen and then raised the average daily purses paid to horse owners by 7.5 percent, from $170,000 to $182,750.

The Miami Gardens track announced the purse increase several hours after the Florida Horsemen’s Benevolent and Protective Association agreed to a 2011 contract on the division of money from Internet and phone wagering.

The increase is applied evenly to base overnight purses excluding overnight stakes. Minimum Florida Owners Awards (FOA) also increase from $500 to $1,000 and 2-year-old maiden special weight races increase from $39,000 to $40,000.

"We’re off to a positive start of the Calder Meet. The early demand for the Calder product is encouraging," said Calder Vice President & General Manager of Racing John Marshall. "For now, our purse revenues are stabilized by added revenue from slots and poker."

Calder officials said they will continue managing the purse account responsibly and both look forward to possible future increase opportunities.

The 2011 Calder Meet began on April 25 and runs through Sept. 30. The Tropical Meet will be held from Oct. 1 through Dec. 2.