Colonial Downs sets betting records in summer meet

Colonial Downs sets betting records in summer meet
Photo: Ed DeRosa

Buoyed by record-breaking betting of more than $6.5 million on Virginia Derby day last week, Colonial Downs shattered all wagering marks this racing season, the fourth under the management of Colonial Downs Group and ownership of Peninsula Pacific Entertainment. 

Total bets for the 26-day live racing meet was $74,940,840, for a daily average of $2,882,340. One race day in the meet was lost because of weather conditions. The daily average was up more than 29 percent from the 2021 daily average of $2,231,765 during that season’s 21-day session. This race meet marked an all-time wagering high in the history of Colonial Downs.

Colonial Downs paid out $15,918,538 in purses for the season. The average daily purse of $612,000 set a Virginia record. A total of 1,382 individual horses representing 321 trainers made a combined 2,179 starts for the season.

“The 2022 Colonial Downs race meet was such a great success on all levels thanks to the support of so many. We are grateful to all the horsemen, patrons, fans, and industry stakeholders for being a part of this fabulous summer of racing in Virginia,” said Jill Byrne, Colonial Downs vice president of racing operations. “Agriculture and tourism in Virginia have both been bolstered by our collective efforts.”

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