fair meadows at tulsa state fair race meeting reports/database/ohrc...fair meadows at tulsa - state...

Office of the Oklahoma State Auditor and Inspector Jeff A. McMahan, CFE

Fair Meadows at Tulsa

State Fair Race Meeting

May 22, 2007 through July 28, 2007

This publication is printed and issued by the State Auditor and Inspector as authorized by 74 O.S. 2001, § 212 and 74 O.S. 2001, § 3105. Thirty copies have been prepared and distributed at a cost of $57.000. Copies have been deposited with the Publications Clearinghouse of the Oklahoma Department of Libraries.

OKLAHOMA HORSE RACING COMMISSION STATISTICAL REPORT OF OPERATIONS

FAIR MEADOWS AT TULSA – STATE FAIR RACE MEETING MAY 22, 2007 THROUGH JULY 28, 2007

STATE OF OKLAHOMA

OFFICE OF THE AUDITOR AND INSPECTOR August 31, 2007 TO THE MEMBERS OF THE OKLAHOMA

HORSE RACING COMMISSION Transmitted herewith is the Statistical Report of Operations for Fair Meadows at Tulsa – State Fair Race Meeting, May 22, 2007 through July 28, 2007, which is the result of our monitoring and data accumulation. We wish to take this opportunity to express our appreciation for the assistance and cooperation extended to our office during this time. The Office of the State Auditor and Inspector is committed to serve the public interest by providing independent oversight by issuing reports that serve as a management tool to the State. Our goal is to ensure a government, which is accountable to the people of the State of Oklahoma. Sincerely, JEFF A. McMAHAN, CFE State Auditor and Inspector

Jeff A. McMahan State Auditor and Inspector

-i-

OKLAHOMA HORSE RACING COMMISSION STATISTICAL REPORT OF OPERATIONS

FAIR MEADOWS AT TULSA – STATE FAIR RACE MEETING MAY 22, 2007 THROUGH JULY 28, 2007

TABLE OF CONTENTS

PAGE INTRODUCTORY COMMENTS..............................................................................................................................ii STATE AUDITOR AND INSPECTOR LETTER......................................................................................................... 1 DISTRIBUTION SUMMARY OF NET WAGERED..................................................................................................... 2 DISTRIBUTION SUMMARY OF NET WAGERED - SIMULCAST DAYS ....................................................................... 3 NET WAGERED BY POOL ................................................................................................................................. 4 NET WAGERED BY BREED ............................................................................................................................... 5 NUMBER OF RACES BY BREED......................................................................................................................... 6 OTHER STATISTICAL INFORMATION................................................................................................................... 7 PRIOR YEAR COMPARISON OF DISTRIBUTION SUMMARY OF NET WAGERED ....................................................... 8 PRIOR YEAR COMPARISON OF NET WAGERED BY POOL.................................................................................... 9 PRIOR YEAR COMPARISON OF NET WAGERED BY BREED................................................................................ 10 PRIOR YEAR COMPARISON OF NUMBER OF RACES BY BREED ......................................................................... 11 PRIOR YEAR COMPARISON OF OTHER STATISTICAL INFORMATION ................................................................... 12 ENDNOTES .................................................................................................................................................... 13 APPENDIX ..................................................................................................................................................... 14

INTRODUCTORY COMMENTS Statistical data and information contained herein are for presentation purposes only. Summations may differ due to rounding. Statistical data compiled for this report is presented as a summary of wagers (handle), distribution of fees, commissions, and purses for each race meeting by association or fair. This compilation of statistical data does not purport to replace any association or independent auditor’s end-of-meet conclusions. The prior year comparison was made by combing the County Fair and State Fair Race Meetings in 2006 and 2005. Data contained in this report was compiled from the United Tote Company located at Fair Meadows in Tulsa, Oklahoma. Reference notes behind titles (See Note) indicate clarifying data in the Endnotes of this report. A glossary of report terms, titles, and headings can be found in the Appendix.

STATE OF OKLAHOMA

OFFICE OF THE AUDITOR AND INSPECTOR TO THE MEMBERS OF THE OKLAHOMA

HORSE RACING COMMISSION We compiled the information presented in this report from the statistical data obtained from the United Tote Company located at Fair Meadows for the State Fair Race Meeting for May 22, 2007 through July 28, 2007. We were not engaged to perform an audit in accordance with generally accepted auditing standards, the objective of which would be the expression of an opinion on specified elements or accounts. Accordingly, we do not express such an opinion. This report relates only to the procedures specified above and does not extend to any financial statements of the racetracks taken as a whole. In planning and performing these procedures, we considered the internal control structure of the pari-mutuel departments; however, our procedures were substantially less in scope than the procedures we would have applied if we had been engaged to express an opinion on the internal controls. Accordingly, we do not express an opinion on their internal control structure. Sincerely, JEFF A. McMAHAN, CFE State Auditor and Inspector August 28, 2007

Jeff A. McMahan State Auditor and Inspector

GuestLive Simulcast Facilities GrandDays Days Total (See Note 1) Total

NET WAGERED $5,070,633.60 $1,926,117.90 $6,996,751.50 $2,589,548.10 $9,586,299.60

COMMISSIONS: Licensee 545,924.79 183,546.71 729,471.50 63,132.24 792,603.74 Purses 354,197.86 146,789.20 500,987.06 31,561.80 532,548.86 Host Track 115,401.60 67,165.13 182,566.73 0.00 182,566.73 State Tax 0.00 0.00 0.00 0.00 0.00 County Tax (See Note 4) 0.00 0.00 0.00 0.00 0.00 City Tax (See Note 4) 0.00 0.00 0.00 0.00 0.00 State Auditor 3,123.44 1,837.88 4,961.32 0.00 4,961.32 Breeding Development Fund Special Account (B.D.F.S.A.) 10,454.02 0.00 10,454.02 721.61 11,175.63

OTHERS: Breakage 31,811.43 8,917.50 40,728.93 0.00 40,728.93 Unclaimed Tickets (See Note 3) 0.00 0.00 0.00 0.00 0.00

TOTAL COMMISSIONSAND OTHERS: 1,060,913.14 408,256.42 1,469,169.56 $95,415.65 $1,564,585.21

NET PAID TO THE PUBLIC $4,009,720.46 $1,517,861.48 $5,527,581.94

MAY 22, 2007 THROUGH JULY 28, 2007

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING DISTRIBUTION SUMMARY OF NET WAGERED

NET WAGERED $6,996,751.50

72%

28%

Live Race DaysSimulcast Race Days

TOTAL COMMISSIONS AND OTHERS

0100200300400500600

Licen

see

Purses

Host T

rack

State T

ax

County

Tax

City Tax

State A

udito

r

B.D.F.S

.A.

Breaka

ge

Unclai

med Tick

ets

Thou

sand

s

Live Race DaysSimulcast Race Days

-2-

GrandOn-Track OTW On-Track OTW On-Track OTW Total

NET WAGERED $1,947,195.80 $0.00 $3,123,437.80 $0.00 $0.00 $0.00 $5,070,633.60

COMMISSIONS: Licensee 258,517.47 0.00 287,407.32 0.00 0.00 0.00 545,924.79 Purses 129,259.27 0.00 224,938.59 0.00 0.00 0.00 354,197.86 Host Track 0.00 0.00 115,401.60 0.00 0.00 0.00 115,401.60 State Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 County Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 City Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 State Auditor 0.00 0.00 3,123.44 0.00 0.00 0.00 3,123.44 Breeding Development Fund Special Account (B.D.F.S.A.) 10,454.02 0.00 0.00 0.00 0.00 0.00 10,454.02

OTHERS: Breakage 15,289.27 0.00 16,522.16 0.00 0.00 0.00 31,811.43 Unclaimed Tickets 0.00 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL COMMISSIONSAND OTHERS: 413,520.03 0.00 647,393.11 0.00 0.00 0.00 1,060,913.14

NET PAID TO THE PUBLIC $1,533,675.77 $0.00 $2,476,044.69 $0.00 $0.00 $0.00 $4,009,720.46

Live Days


FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING DISTRIBUTION SUMMARY OF NET WAGERED-LIVE DAYS


Live Simulcast Intrastate


47%

0%

53%

Live On-Track

Simulcast On-Track

Intrastate On-Track


0

50

100

150

200

250

300

Licensee Purses Host Track State Tax CountyTax

City Tax StateAuditor

B.D.F.S.A. Breakage UnclaimedTickets

Thou

sand

s

Live On-Track

Simulcast On-Track

Intrastate On-Track

-3-

GrandOn-Track OTW On-Track OTW Total

NET WAGERED $1,837,878.00 $0.00 $88,239.90 $0.00 $1,926,117.90

COMMISSIONS: Licensee 175,811.95 0.00 7,734.76 0.00 183,546.71 Purses 139,054.44 0.00 7,734.76 0.00 146,789.20 Host Track 63,818.51 0.00 3,346.62 0.00 67,165.13 State Tax 0.00 0.00 0.00 0.00 0.00 County Tax 0.00 0.00 0.00 0.00 0.00 City Tax 0.00 0.00 0.00 0.00 0.00 State Auditor 1,837.88 0.00 0.00 0.00 1,837.88 Breeding Development Fund Special Account (B.D.F.S.A.) 0.00 0.00 0.00 0.00 0.00

OTHERS: Breakage 8,391.55 0.00 525.95 0.00 8,917.50 Unclaimed Tickets 0.00 0.00 0.00 0.00 0.00

TOTAL COMMISSIONSAND OTHERS: $388,914.33 $0.00 $19,342.09 $0.00 $408,256.42

NET PAID TO THE PUBLIC $1,448,963.67 $0.00 $68,897.81 $0.00 $1,517,861.48


FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING DISTRIBUTION SUMMARY OF NET WAGERED-SIMULCAST DAYS

Simulcast DaysSimulcast Intrastate



96%

4%

On-Track

On-Track Intrastate


0255075

100125150175200

Licen

see

Purses

Host T

rack

State T

ax

County

Tax

City Tax

State A

udito

r

B.D.F.S

.A.

Breaka

ge

Unclai

med Tick

ets

Thou

sand

s

On-Track

On-Track Intrastate

-4-

GrandIntrastate Interstate Total

NET WAGERED $529,263.00 $2,060,285.10 $2,589,548.10

COMMISSIONS: Licensee 21,466.56 41,665.68 63,132.24 Purses 10,732.53 20,829.27 31,561.80 Host Track 0.00 0.00 0.00 State Tax 0.00 0.00 0.00 County Tax 0.00 0.00 0.00 City Tax 0.00 0.00 0.00 State Auditor 0.00 0.00 0.00 Breeding Development Fund Special Account (B.D.F.S.A.) 262.49 459.12 721.61

OTHERS: Breakage 0.00 0.00 0.00 Unclaimed Tickets 0.00 0.00 0.00

TOTAL COMMISSIONSAND OTHERS: $32,461.58 $62,954.07 $95,415.65

Guest Facilities(See Note 1)



FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING DISTRIBUTION SUMMARY OF NET WAGERED-GUEST FACILITIES


20%

80%

Intrastate

Interstate


01020304050

Licen

see

Purses

Host T

rack

State T

ax

County

Tax

City Tax

State A

udito

r

B.D.F.S

.A.

Breaka

ge

Unclai

med Tick

ets

Thou

sand

s

IntrastateInterstate

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GrandOn-Track OTW On-Track OTW On-Track OTW On-Track OTW On-Track OTW On-Track OTW Total

Win, Place, Show $901,794 $0 $1,016,108 $0 $0 $0 $510,696 $0 $26,701 $0 $2,455,299 $0 $2,455,299

Daily Double 20,496 0 40,362 0 0 0 27,062 0 1,072 0 88,992 0 88,992Exacta 285,345 0 771,601 0 0 0 500,485 0 19,900 0 1,577,331 0 1,577,331Quinella 193,777 0 52,936 0 0 0 24,256 0 4,519 0 275,488 0 275,488Trifecta 367,137 0 715,762 0 0 0 469,337 0 19,184 0 1,571,420 0 1,571,420Pick Three 7,795 0 60,757 0 0 0 39,469 0 446 0 108,467 0 108,467Pick Four 0 0 67,314 0 0 0 30,488 0 39 0 97,841 0 97,841Pick Five 0 0 0 0 0 0 0 0 0 0 0 0 0Pick Six 0 0 29,064 0 0 0 21,644 0 99 0 50,807 0 50,807Other Multiple Pick 0 0 0 0 0 0 0 0 0 0 0 0 0Twin Trifecta 0 0 14 0 0 0 38 0 0 0 52 0 52Superfecta 170,852 0 369,520 0 0 0 214,404 0 16,280 0 771,056 0 771,056

NET WAGERED $1,947,196 $0 $3,123,438 $0 $0 $0 $1,837,878 $0 $88,240 $0 $6,996,752 $0 $6,996,752

-6-



FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING NET WAGERED BY POOL

Live Races Simulcast Races IntrastateLive Days Simulcast Days

Simulcast Races Intrastate Total

NET WAGERED BY POOL

0100200300400500600700800900

1,0001,100

Win, Place,Show

Daily Double Exacta Quinella Trifecta Pick Three Pick Four Pick Five Pick Six OtherMultiple Pick

Twin Trifecta Superfecta

Thou

sand

s

Live Days:Live On-TrackLive Days:Simulcast On-TrackLive Days:Intrastate On-TrackSimulcast Days:Simulcast On-TrackSimulcast Days:Intrastate On-Track

Total Total Live Simulcast Simulcast Live Simulcast Grand

Races Races Days Races Races Total

Thoroughbred $822,050.20 $2,716,255.70 $1,552,198.10 $822,050.20 $4,268,453.80 $5,090,504.00Quarter Horse 806,569.20 114,047.60 61,255.60 806,569.20 175,303.20 981,872.40Paint/Appaloosa 318,576.40 0.00 0.00 318,576.40 0.00 318,576.40Mixed 0.00 209,968.40 198,203.50 0.00 408,171.90 408,171.90Steeplechase/Harness 0.00 83,166.10 114,460.70 0.00 197,626.80 197,626.80OTW (See Note 2) 0.00 0.00 0.00 0.00 0.00 0.00

NET WAGERED $1,947,195.80 $3,123,437.80 $1,926,117.90 $1,947,195.80 $5,049,555.70 $6,996,751.50

Live Days


FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING NET WAGERED BY BREED


NET WAGERED BY BREED

0

500

1,000

1,500

2,000

2,500

3,000

Thorou

ghbre

d

Quarte

r Hors

e

Paint/A

ppalo

osa

Mixed

Steeple

chas

e/Harn

ess

OTW (S

ee N

ote 2)

Thou

sand

s

Live Days/Live RacesLive Days/Simulcast RacesSimulcast Days

-7-

Total Total Live Simulcast Simulcast Live Simulcast Grand

Races Races Days Races Races Total

Thoroughbred 159 3,209 2,896 159 6,105 6,264Quarter Horse 181 218 69 181 287 468Paint/Appaloosa 60 0 0 60 0 60Mixed 0 580 465 0 1,045 1,045Steeplechase/Harness 0 579 855 0 1,434 1,434OTW (See Note 2) 0 0 0 0 0 0

NET WAGERED 400 4,586 4,285 400 8,871 9,271


Live Days


FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING NUMBER OF RACES BY BREED

NUMBER OF RACES BY BREED

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

Thorou

ghbre

d

Quarte

r Hors

e

Paint/A

ppalo

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Mixed

Steeple

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e/Harn

ess

OTW (S

ee N

ote 2)

Thou

sand

s

Live Days/Live RacesLive Days/Simulcast RacesSimulcast Days

-8-

Live SimulcastDays Days Race Meeting

(See Note 5 ) (See Note 5) Totals/Averages

Net Wagered $5,070,633.60 $1,926,117.90 $6,996,751.50

Attendance 34,566 4,722 39,288

Average Daily Attendance 1,017 139 578

Number of Race Days 34 34 68

Average Daily Handle 149,136.28 56,650.53 102,893.40

Average Daily Wagered Per Capita $146.69 $407.90 $178.09

LIVE RACESAverage Wagered Per Race: Thoroughbred 5,170.13 0.00 5,170.13 Quarter Horse 4,456.18 0.00 4,456.18 Paint/Appaloosa 5,309.61 0.00 5,309.61 Mixed 0.00 0.00 0.00 Steeplechase/Harness 0.00 0.00 0.00 OTW 0.00 0.00 0.00

Average Races Per Day Thoroughbred 4.68 0.00 4.68 Quarter Horse 5.32 0.00 5.32 Paint/Appaloosa 1.76 0.00 1.76 Mixed 0.00 0.00 0.00 Steeplechase/Harness 0.00 0.00 0.00 OTW 0.00 0.00 0.00

SIMULCAST RACESAverage Wagered Per Race: Thoroughbred 846.45 535.98 699.17 Quarter Horse 523.15 887.76 610.81 Paint/Appaloosa 0.00 0.00 0.00 Mixed 362.01 426.24 390.60 Steeplechase/Harness 143.64 133.87 137.82 OTW 0.00 0.00 0.00

Average Races Per Day Thoroughbred 94.38 85.18 89.78 Quarter Horse 6.41 2.03 4.22 Paint/Appaloosa 0.00 0.00 0.00 Mixed 17.06 13.68 15.37 Steeplechase/Harness 17.03 25.15 21.09 OTW 0.00 0.00 0.00

Federal Income Tax Withheld $2,791.00 $0.00 $2,791.00

State Income Tax Withheld $446.00 $0.00 $446.00



FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING OTHER STATISTICAL INFORMATION

-9-

2006 to 2007 2005 to 20062007 2006 2005 Increase % increase %

(Decrease) Change (Decrease) Change

NET WAGERED $6,996,751.50 $7,239,272.80 $8,646,130 ($242,521) -3% ($1,406,857) -16%

COMMISSIONS: Licensee 792,603.74 845,137.54 1,003,909.22 (52,533.80) -6% (158,771.68) -16% Purses 532,548.86 564,686.73 654,050.36 (32,137.87) -6% (89,363.63) -14% Host Track 182,566.73 183,129.08 214,787.73 (562.35) 0% (31,658.65) -15% State Tax 0.00 0.00 0.00 0.00 0% 0.00 0% County Tax (See Note 4) 0.00 0.00 0.00 0.00 0% 0.00 0% City Tax (See Note 4) 0.00 0.00 0.00 0.00 0% 0.00 0% State Auditor 4,961.32 5,009.34 5,778.42 (48.03) -1% (769.08) -13% Breeding Development Fund Special Account 11,175.63 12,525.35 16,925.13 (1,349.72) -11% (4,399.78) -26%

OTHERS: Breakage 40,728.93 39,773.35 59,389.72 955.58 2% (19,616.37) -33% Unclaimed Tickets 0.00 0.00 0.00 0.00 0% 0.00 0%

TOTAL COMMISSIONS AND OTHERS 1,564,585.21 1,650,261.39 1,954,840.58 (85,676.19) -5.19% (304,579.19) -16%

TOTAL COMMISSIONS RECEIVED FROM GUESTFACILITIES 95,415.65 147,699.96 175,209.27 (52,284.31) -35.40% (27,509.31) -16%

NET PAID TO THE PUBLIC $7,092,167.15 $7,386,972.76 $8,821,338.87 ($294,805.61) -3.99% ($1,434,366.11) -16%



FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING PRIOR YEAR COMPARISON - DISTRIBUTION SUMMARY OF NET WAGERED

PRIOR YEAR COMPARISON OF NET WAGERED

200720062005

-10-



Win, Place, Show $2,455,299 $2,346,347 $3,338,389 $108,952 5% ($992,042) -30%

Daily Double 88,992 82,684 96,524 6,308 8% (13,840) -14%Exacta 1,577,331 1,636,161 1,737,956 (58,830) -4% (101,795) -6%Quinella 275,488 328,970 409,336 (53,482) -16% (80,366) -20%Trifecta 1,571,420 1,893,135 2,113,773 (321,715) -17% (220,638) -10%Pick Three 108,467 103,997 101,317 4,470 4% 2,680 3%Pick Four 97,841 86,068 85,509 11,773 14% 559 1%Pick Five 0 0 0 0 0% 0 0%Pick Six 50,807 34,243 31,826 16,564 48% 2,417 8%Other Multiple Pick 0 0 0 0 0% 0 0%Twin Trifecta 52 886 0 (834) -94% 886 100%Superfecta 771,056 726,783 731,500 44,274 6% (4,718) -1%

NET WAGERED $6,996,752 $7,239,273 $8,646,130 ($242,521) -3% ($1,406,857) -16%



FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING PRIOR YEAR COMPARISON - NET WAGERED BY POOL

PRIOR YEAR COMPARISON OF NET WAGERED BY POOL

0500

1,0001,5002,0002,5003,0003,500

Win, P

lace,

Show

Daily D

ouble

Exacta

Quinell

a

Trifecta

Pick Thre

e

Pick Fou

r

Pick Six

Twin Trife

cta

Superf

ecta

Thou

sand

s

200720062005

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Thoroughbred $5,090,504 $4,935,419 $5,915,793 $155,085 3% ($980,374) -17%Quarter Horse 981,872 1,269,232 1,560,685 (287,360) -23% (291,453) -19%Paint/Appaloosa 318,576 355,523 497,583 (36,946) -10% (142,060) -29%Mixed 408,172 475,034 428,970 (66,862) -14% 46,064 11%Steeplechase/Harness 197,627 204,064 243,100 (6,437) -3% (39,036) -16%OTW (See Note 2) 0 0 0 0 0% 0 0%

NET WAGERED $6,996,752 $7,239,273 $8,646,131 ($242,521) -3% ($1,406,858) -16%



FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING PRIOR YEAR COMPARISON - NET WAGERED BY BREED

PRIOR YEAR COMPARISON - NET WAGERED BY BREED

0123456

Thorou

ghbre

d

Quarte

r Hors

e

Paint/A

ppalo

osa

Mixed

Steeple

chas

e/...

OTW (S

ee N

o..

Mill

ions 2007

20062005

-12-



Thoroughbred 6,264 5,715 5,121 549 10% 594 12%Quarter Horse 468 727 829 (259) -36% (102) -12%Paint/Appaloosa 60 66 73 (6) -9% (7) -10%Mixed 1,045 1,240 1,272 (195) -16% (32) -3%Steeplechase/Harness 1,434 1,114 1,134 320 29% (20) -2%OTW (See Note 2) 0 0 0 0 0% 0 0%

NET WAGERED 9,271 8,862 8,429 409 5% 433 5%



FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING PRIOR YEAR COMPARISON - NUMBER OF RACES BY BREED

PRIOR YEAR COMPARISON - RACES BY BREED

0123456

Thorou

ghbre

d

Quarte

r Hors

e

Paint/A

ppalo

osa

Mixed

Steeple

chas

e/H...

OTW (See

Note

2)

Thou

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200720062005

-13-



Net Wagered $6,996,751.50 $7,239,272.80 $8,646,129.60 ($242,521.30) -3.35% ($1,406,856.80) -16.27%

Attendance 39,288.00 46,175.00 55,714.00 (6,887.00) -14.91% (9,539.00) -17.12%

Average Daily Attendance 577.76 699.62 872.54 (121.86) -17.42% (172.92) -19.82%

Number of Race Days 68 66 52 2 3.03% 14 26.92%

Number of Live Days 34 33 33 1 3.03% 0 0.00%

Average Daily Handle $102,893.40 $109,685.95 $139,216.78 ($6,792.55) -6.19% ($29,530.83) -21.21%

Average Daily Wagered Per Capita $178.09 $156.78 $159.55 $21.31 13.59% ($2.77) -1.74%

LIVE RACESAverage Wagered Per Race: Thoroughbred 5,170.13 6,228.17 8,193.14 (1,058.05) -16.99% (1,964.97) -23.98% Quarter Horse 4,456.18 4,914.62 6,501.88 (458.43) -9.33% (1,587.26) -24.41% Paint/Appaloosa 5,309.61 5,386.71 7,024.96 (77.10) -1.43% (1,638.25) -23.32% Mixed 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% Steeplechase/Harness 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% OTW 0.00 0.00 0.00 0.00 0.00% 0.00 0.00%

Average Races Per Day Thoroughbred 4.68 3.94 4.38 0.74 18.71% (0.44) -10.06% Quarter Horse 5.32 5.94 5.39 (0.62) -10.37% 0.55 10.19% Paint/Appaloosa 1.76 2.00 2.20 (0.24) -11.76% (0.20) -9.09% Mixed 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% Steeplechase/Harness 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% OTW 0.00 0.00 0.00 0.00 0.00% 0.00 0.00%

SIMULCAST RACESAverage Wagered Per Race: Thoroughbred 699.17 738.72 962.07 (39.55) -5.35% (223.35) -23.22% Quarter Horse 610.81 576.21 653.59 34.60 6.01% (77.38) -11.84% Paint/Appaloosa 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% Mixed 390.60 383.09 338.61 7.50 1.96% 44.48 13.14% Steeplechase/Harness 137.82 183.18 214.22 (45.37) -24.77% (31.04) -14.49% OTW 0.00 0.00 0.00 0.00 0.00% 0.00 0.00%

Average Races Per Day Thoroughbred 89.78 84.62 95.68 5.16 6.10% (11.06) -11.56% Quarter Horse 4.22 8.05 12.61 (3.82) -47.54% (4.56) -36.20% Paint/Appaloosa 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% Mixed 15.37 18.79 24.35 (3.42) -18.20% (5.56) -22.84% Steeplechase/Harness 21.09 16.88 21.95 4.21 24.94% (5.07) -23.10% OTW 0.00 0.00 0.00 0.00 0.00% 0.00 0.00%

Federal Income Tax Withheld $2,791.00 $10,108.00 $3,641.00 ($7,317.00) -72.39% $6,467.00 177.62%

State Income Tax Withheld $446.00 $1,616.00 $582.00 ($1,170.00) -72.40% $1,034.00 177.66%



FAIR MEADOWS AT TULSA - STATE FAIR RACE MEETING PRIOR YEAR COMPARISON - STATISTICAL INFORMATION

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ENDNOTES

NOTE 1 Handle for guest facilities are not considered a part of the total net wagered. Intrastate guest commissions are also reported as a Host payment from another in-state racing facility.

NOTE 2 Wagers and number of races placed at OTW sites are not available by breed at this time.

NOTE 3 2007 unclaimed tickets will be reported in the year-end report for all tracks.

NOTE 4 City and County tax amounts represent both live and simulcast races.

NOTE 5 Race day number totals, net wagered and attendance is a compilation of on-track and OTW amounts. Therefore, care must be taken when interpreting and analyzing averages.

APPENDIX (TERMS, HEADINGS, AND TITLES)

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APPALOOSA HORSE RACING The form of horse racing in which each participating horse is an Appaloosa registered with the Appaloosa Horse Club or any successor organization and mounted by a Jockey. ARABIAN HORSE RACING The form of horse racing in which each participating horse is an Arabian registered with the Arabian Horse Club Registry of America and approved by the Arabian Horse Racing Association of America or any successor organization, mounted by a Jockey, and engaged in races on the flat over a distance of not less then one-quarter (1/4) mile or more than four (4) miles. ATTENDANCE Attendance at licensed Oklahoma wagering sites as reported by individual associations or fairs. BREEDING DEVELOPMENT FUND SPECIAL ACCOUNT (B.D.F.S.A.) All monies received by the Commission for deposit in the fund as revenue received from commissions on exotic wagering as determined by Oklahoma Statutes. BREAKAGE The odd cents by which the amount payable on each dollar wagered exceeds a multiple of ten cents. COMMISSIONS Takeout or monies withheld from pari-mutuel wagering as prescribed by Oklahoma Statutes. EXOTIC POOLS Means the total wagers under the pari-mutuel system on the finishing position of two or more horses on one race or on the finishing position on one or more horses for two or more races. GUEST FACILITY An association authorized by the Commission to offer, sell, cash, redeem, or exchange pari-mutuel tickets on races being run at a host association. HOST TRACK An association conducting a licensed pari-mutuel meeting from which authorized contests or entire performances are simulcast. INTERSTATE Refers to between states, i.e. Wagering conducted by a betting system outside the State of Oklahoma on the results of one or more races running at an Oklahoma host association.


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INTRASTATE Refers to within the State, i.e. the exchange of live racing programs between any Oklahoma racing associations for the purpose of wagering. LICENSEE A pari-mutuel organization granted a license by the Oklahoma Horse Racing Commission to conduct pari-mutuel racing. LOCAL TAX (CITY/COUNTY) Additional takeout designated for distribution to local municipalities. Local municipalities receive a distribution of total monies wagered at an off-track wagering facility as designated by law. NET PAID TO PUBLIC Winnings from pari-mutuel wagers returned to the public. NET WAGERED The Net Wagered column includes all common pool wagering accepted by Oklahoma organizational licenses on live and simulcast races. OFF-TRACK WAGERING (OTW) Any organization licensee shall file with the Oklahoma Horse Racing Commission its plan to conduct pari-mutuel wagering at a facility or facilities located outside the organization licensee’s racing enclosure. OKLAHOMA BRED PROGRAM An accredited Oklahoma-Bred horse shall mean an Arabian, Appaloosa, Quarter, Paint, Pinto, Thoroughbred, and any other breed not otherwise specified in the Act, and which meets certain requirements. ON-TRACK Refers to activity at the host track facility. PAINT HORSE RACING The form of horse racing in which each participating horse is a Paint horse registered with the American Paint Horse Association or any successor organization and mounted by a Jockey. PARI-MUTUEL A form of wagering on the outcome of horse races whereby wagers are placed into wagering pools; win, place, show, or other pools designating the finishing position of two or more horses in a race or races. When the outcome of the race or races has been declared official, wagers comprising each pool are distributed as winnings less the amounts retained as takeout: licensee, purses, host, etc.


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PARI-MUTUEL SYSTEM OF WAGERING A form of wagering on the outcome of horse races in which those who wager purchase tickets of various denominations on a horse or horses. PARI-MUTUEL TAX Tax portion of monies wagered retained by the State of Oklahoma from pari-mutuel wagering. PER CAPITA Per capita, total wagers divided by total attendance. PINTO HORSE RACING The form of horse racing in which each participating horse is a Pinto horse registered with the Pinto Horse Association of American, Inc., or any successor organization and mounted by a Jockey. PURSES Portion of the takeout retained by horsemen from pari-mutuel wagering as determined by Oklahoma Statutes. QUARTER HORSE RACING The form of horse racing in which each participating horse is a Quarter Horse registered with the American Quarter Horse Association or any successor organization, mounted by a Jockey, and engaged in a race on the flat. RACE DAY A day during which horse races are conducted. RACE MEETING The entire period of time not to exceed twenty (20) calendar days separating any race days for which an organization license has been granted to a person by the Commission to hold horse racing where a pari-mutuel system of wagering is conducted.


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SIMULCAST Means audio-visual transmission of a race meeting to off-track betting systems for the purpose of accepting wagers on the results of horse racing events. May include the transmission of pari-mutuel wagering odds, amounts wagered and the payoffs of such events, and other horse racing programming relating to the racehorses or participants. SIMULCAST DAYS Days when the organization licensee is not conducting live racing, the licensee may accept wagers on the results of not more than six out-of-state full racing programs. STATE AUDITOR FEE The State Auditor and Inspector receives one-tenth of one percent (1/10th of 1%) of total monies wagered at the racing enclosure on out-of-state simulcast races as well as OTW facilities on all races. THOROUGHBRED HORSE RACING The form of horse racing in which each participating horse is a Thoroughbred horse registered with The Jockey Club or any successor organization, mounted by a Jockey, and engaged in races on the flat. UNCLAIMED TICKETS Tickets must be cashed within sixty (60) days after their purchase. Any unclaimed proceeds will be deposited into the Oklahoma Breeding Development Fund Special Account on a calendar quarterly basis. WIN, PLACE, SHOW (WPS) The total wagers under the pari-mutuel system on any horse in a particular race to finish first, second, or third.

Office of the State Auditor and Inspector 2300 N. Lincoln Boulevard, Room 100

Oklahoma City, OK 73105-4896

www.sai.state.ok.us

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