Concession revenues drop Attendance, simulcasts blamed at Pimlico, Laurel

April 10, 1997|By Kent Baker

The Maryland Racing Commission was told yesterday that concession revenues have dipped dramatically at Pimlico and Laurel and that Timonium has made a solid recovery from a $750,000 operating deficit four years ago.

In an annual review of the tracks' financial health, Marty Jacobs, Maryland Jockey Club general counsel-treasurer, said net revenues from concessions dropped to $35,000 last year.

Figures for 1995 were not available.

"Attendance has decreased at the track and people have less time to eat because of simulcasting," Jacobs said of the decline.

Howard "Max" Mosner, general manager at Timonium, said simulcasting (since 1994) "has really turned our situation around. We're quite pleased with the way things are going."

After what he called "purification" of the numbers, Timonium reached a break-even point last year.

In other business, the commission approved Rosecroft Raceway's request to race four days a week in June contingent on the receipt of the track's financial statement due Tuesday.

Fair Hill received permission to race Monday, May 26 (Memorial Day), and to simulcast its card to other sites in Maryland.

Also, the Cracked Claw, an off-track betting site in Frederick County, was allowed to charge for seating on the day of the Triple Crown races and the Breeders' Cup, contingent on no increase in the fee from 1996.

Pub Date: 4/10/97

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