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H O R S E R A C I N G A U D I T STATE OF OKLAHOMA OFFICE OF THE STATE AUDITOR & INSPECTOR JEFF A. MCMAHAN, CFE OKLAHOMA STATE AUDITOR & INSPECTOR REMINGTON PARK THOROUGHBRED RACE MEETING AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

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Page 1: REMINGTON ARK H THOROUGHBRED O RACE MEETING R … Reports/database/OHRC... · American Tote Company located at Remington Pa rk for the Thoroughbred Race Meeting for August 4, 2006

H O R S E

R A C I N G

A U D I T

STATE OF OKLAHOMA OFFICE OF THE STATE AUDITOR & INSPECTOR

JEFF A. MCMAHAN, CFE OKLAHOMA STATE AUDITOR & INSPECTOR

REMINGTON PARK THOROUGHBRED RACE MEETING

AUGUST 4, 2006 THROUGH

NOVEMBER 28, 2006

Page 2: REMINGTON ARK H THOROUGHBRED O RACE MEETING R … Reports/database/OHRC... · American Tote Company located at Remington Pa rk for the Thoroughbred Race Meeting for August 4, 2006

This publication is printed and issued by the State Auditor and Inspector as authorized by 74 O.S. 1991, § 212 and 74 O.S. 2001, § 3105. Thirty-five copies have been prepared and distributed at a cost of $69.00. Copies have been deposited with the Publications Clearinghouse of the Oklahoma Department of Libraries.

OKLAHOMA HORSE RACING COMMISSION STATISTICAL REPORT OF OPERATIONS

REMINGTON PARK – THOROUGHBRED RACE MEETING AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

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STATE OF OKLAHOMA

OFFICE OF THE AUDITOR AND INSPECTOR January 22, 2007 TO THE MEMBERS OF THE OKLAHOMA

HORSE RACING COMMISSION Transmitted herewith is the Statistical Report of Operations for Remington Park – Thoroughbred Race Meeting August 4, 2006 through November 28, 2006, 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 and to issue reports that serve as a management tool to the state to ensure a government which is accountable to the people of the State of Oklahoma. Sincerely, JEFF A. McMAHAN State Auditor and Inspector

Jeff A. McMahan State Auditor and Inspector

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OKLAHOMA HORSE RACING COMMISSION STATISTICAL REPORT OF OPERATIONS

REMINGTON PARK – THOROUGHBRED RACE MEETING AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

TABLE OF CONTENTS PAGE STATE AUDITOR AND INSPECTOR LETTER..........................................................................................................ii INTRODUCTORY COMMENTS.............................................................................................................................iii DISTRIBUTION SUMMARY OF NET WAGERED..................................................................................................... 2 DISTRIBUTION SUMMARY OF NET WAGERED - LIVE DAYS .................................................................................. 3 DISTRIBUTION SUMMARY OF NET WAGERED - SIMULCAST DAYS ....................................................................... 4 DISTRIBUTION SUMMARY OF NET WAGERED - GUEST FACILITIES....................................................................... 5 NET WAGERED BY POOL ................................................................................................................................. 6 NET WAGERED BY BREED ............................................................................................................................... 7 NUMBER OF RACES BY BREED......................................................................................................................... 8 OTHER STATISTICAL INFORMATION................................................................................................................... 9 PRIOR YEAR COMPARISON OF DISTRIBUTION SUMMARY OF NET WAGERED ..................................................... 10 PRIOR YEAR COMPARISON OF NET WAGERED BY POOL.................................................................................. 11 PRIOR YEAR COMPARISON OF NET WAGERED BY BREED................................................................................ 12 PRIOR YEAR COMPARISON OF NUMBER OF RACES BY BREED ......................................................................... 13 PRIOR YEAR COMPARISON OF OTHER STATISTICAL INFORMATION ................................................................... 14 ENDNOTES .................................................................................................................................................... 15 APPENDIX ..................................................................................................................................................... 16

Page 5: REMINGTON ARK H THOROUGHBRED O RACE MEETING R … Reports/database/OHRC... · American Tote Company located at Remington Pa rk for the Thoroughbred Race Meeting for August 4, 2006

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 American Tote Company located at Remington Park for the Thoroughbred Race Meeting for August 4, 2006 through November 28, 2006. 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 control. Accordingly, we do not express an opinion on their internal control structure. Sincerely, JEFF A. MCMAHAN State Auditor and Inspector January 18, 2007

Jeff A. McMahan State Auditor and Inspector

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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. Data contained in this report was compiled from the American Tote Company located at Remington Park. 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.

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

NET WAGERED $15,473,508.70 $5,905,363.80 $21,378,872.50 $53,259,699.59 $74,638,572.09

COMMISSIONS: Licensee 1,386,368.70 450,938.60 1,837,307.30 836,201.62 2,673,508.92 Purses 1,171,064.99 442,263.61 1,613,328.60 603,841.87 2,217,170.47 Host Track 324,924.96 194,959.38 519,884.34 0.00 519,884.34 State Tax 309,470.15 118,107.38 427,577.53 150,641.01 578,218.54 County Tax (See Note 4) 21,416.91 13,535.36 34,952.27 0.00 34,952.27 City Tax (See Note 4) 21,416.91 13,535.36 34,952.27 0.00 34,952.27 State Auditor 10,063.47 5,883.04 15,946.51 0.00 15,946.51 Breeding Development Fund Special Account (B.D.F.S.A.) 17,185.44 73.77 17,259.21 25,308.87 42,568.08

OTHERS: Breakage 73,393.08 22,643.35 96,036.43 0.00 96,036.43 Unclaimed Tickets (See Note 3) 0.00 0.00 0.00 0.00 0.00

TOTAL COMMISSIONSAND OTHERS: 3,335,304.61 1,261,939.86 4,597,244.46 $1,615,993.37 $6,213,237.83

NET PAID TO THE PUBLIC $12,138,204.09 $4,643,423.94 $16,781,628.04

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED RACE MEETING DISTRIBUTION SUMMARY OF NET WAGERED

NET WAGERED $21,378,872.50

72%

28%

Live Race DaysSimulcast Race Days

TOTAL COMMISSIONS AND OTHERS

0200400600800

1,0001,2001,400

Licen

see

Purses

Host T

rack

State T

ax

County

Tax

City Tax

State A

udito

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B.D.F.S

.A.

Breaka

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Unclai

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Live Race DaysSimulcast Race Days

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

NET WAGERED $5,337,483.90 $822,841.50 $5,304,154.20 $3,846,301.70 $72,557.50 $90,169.90 $15,473,508.70

COMMISSIONS: Licensee 579,875.42 95,340.96 403,158.55 293,789.32 6,599.12 7,605.33 1,386,368.70 Purses 417,202.67 58,659.76 408,462.53 275,290.03 4,994.90 6,455.10 1,171,064.99 Host Track 0.00 0.00 189,182.17 129,233.69 2,902.30 3,606.80 324,924.96 State Tax 106,749.68 16,456.83 106,083.06 76,926.03 1,451.15 1,803.40 309,470.15 County Tax 0.00 3,702.79 0.00 17,308.36 0.00 405.76 21,416.91 City Tax 0.00 3,702.79 0.00 17,308.36 0.00 405.76 21,416.91 State Auditor 0.00 822.84 5,304.15 3,846.30 0.00 90.17 10,063.47 Breeding Development Fund Special Account (B.D.F.S.A.) 16,942.19 0.00 0.00 0.00 243.25 0.00 17,185.44

OTHERS: Breakage 36,119.25 0.00 36,642.15 0.00 631.68 0.00 73,393.08 Unclaimed Tickets 0.00 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL COMMISSIONSAND OTHERS: 1,156,889.21 178,685.97 1,148,832.61 813,702.09 16,822.40 20,372.33 3,335,304.61

NET PAID TO THE PUBLIC $4,180,594.69 $644,155.54 $4,155,321.59 $3,032,599.61 $55,735.10 $69,797.57 $12,138,204.09

Live Simulcast IntrastateLive Days

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED RACE MEETING DISTRIBUTION SUMMARY OF NET WAGERED-LIVE DAYS

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

NET WAGERED $15,473,508.70

35%

34%

25%

0%

1%

5%

Live On-TrackLive-OTWSimulcast On-TrackSimulcast-OTWIntrastate On-TrackIntrastate OTW

TOTAL COMMISSIONS AND OTHERS

0

100

200

300

400

500

600

Licensee Purses Host Track State Tax CountyTax

City Tax StateAuditor

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

Thou

sand

s

Live On-TrackLive-OTWSimulcast On-TrackSimulcast-OTWIntrastate On-TrackIntrastate OTW

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GrandOn-Track OTW On-Track OTW Total

NET WAGERED $2,875,186.30 $2,985,608.20 $22,319.30 $22,250.00 $5,905,363.80

COMMISSIONS: Licensee 222,964.78 223,981.01 1,998.57 1,994.24 450,938.60 Purses 225,840.70 213,340.68 1,503.41 1,578.82 442,263.61 Host Track 94,401.13 98,775.48 892.77 890.00 194,959.38 State Tax 57,503.81 59,712.18 446.39 445.00 118,107.38 County Tax 0.00 13,435.24 0.00 100.13 13,535.36 City Tax 0.00 13,435.24 0.00 100.13 13,535.36 State Auditor 2,875.19 2,985.61 0.00 22.25 5,883.04 Breeding Development Fund Special Account (B.D.F.S.A.) 0.00 0.00 73.77 0.00 73.77

OTHERS: Breakage 22,478.39 0.00 164.96 0.00 22,643.35 Unclaimed Tickets 0.00 0.00 0.00 0.00 0.00

TOTAL COMMISSIONSAND OTHERS: $626,064.00 $625,665.43 $5,079.87 $5,130.56 $1,261,939.86

NET PAID TO THE PUBLIC $2,249,122.30 $2,359,942.77 $17,239.43 $17,119.44 $4,643,423.94

Simulcast DaysSimulcast Intrastate

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED RACE MEETING DISTRIBUTION SUMMARY OF NET WAGERED-SIMULCAST DAYS

NET WAGERED $5,905,363.80

49%

0%

0%

51%

On-TrackOTWOn-Track IntrastateOTW Intrastate

TOTAL COMMISSIONS AND OTHERS

050

100150200250

Licen

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Purses

Host T

rack

State T

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County

Tax

City Tax

State A

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B.D.F.S

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Breaka

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GrandIntrastate Interstate Total

NET WAGERED $830,271.70 $52,429,427.89 $53,259,699.59

COMMISSIONS: Licensee 18,881.46 817,320.16 836,201.62 Purses 13,736.49 590,105.38 603,841.87 Host Track 0.00 0.00 0.00 State Tax 0.00 150,641.01 150,641.01 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.) 585.60 24,723.27 25,308.87

OTHERS: Breakage 0.00 0.00 0.00 Unclaimed Tickets 0.00 0.00 0.00

TOTAL COMMISSIONSAND OTHERS: $33,203.55 $1,582,789.82 $1,615,993.37

Guest Facilities(See Note 1)

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED RACE MEETING DISTRIBUTION SUMMARY OF NET WAGERED-GUEST FACILITIES

NET WAGERED $53,259,699.59

2%

98%

Intrastate

Interstate

TOTAL COMMISSIONS AND OTHERS

0150300450600750

Licen

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Purses

Host T

rack

State T

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County

Tax

City Tax

State A

udito

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B.D.F.S

.A.

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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 $1,949,044 $209,103 $1,287,886 $925,730 $13,765 $16,181 $642,279 $706,930 $4,527 $3,186 $3,897,501 $1,861,130 $5,758,631

Daily Double 77,823 17,400 57,070 41,245 1,704 360 49,319 36,852 723 44 186,639 95,901 282,540Exacta 1,241,821 188,291 1,452,740 917,829 13,196 12,602 768,061 711,817 4,651 2,366 3,480,469 1,832,905 5,313,374Quinella 148,982 11,339 34,268 16,995 9,859 12,975 16,985 11,926 3,376 2,813 213,470 56,048 269,518Trifecta 1,140,376 196,607 1,714,270 1,305,552 22,666 30,863 932,332 945,424 6,425 7,447 3,816,069 2,485,893 6,301,962Pick Three 44,064 17,310 163,040 142,424 0 0 99,998 156,354 0 0 307,102 316,088 623,190Pick Four 0 0 117,986 110,311 0 16,933 90,274 102,040 0 6,180 208,259 235,464 443,723Pick Five 0 0 0 0 0 0 0 0 0 0 0 0 0Pick Six 33,454 8,796 51,219 38,098 0 0 44,516 42,851 0 0 129,188 89,745 218,933Other Multiple Pick 0 0 0 0 0 0 0 0 0 0 0 0 0Twin Trifecta 0 0 0 0 0 0 225 0 0 0 225 0 225Superfecta 701,920 173,996 425,676 348,118 11,368 256 231,199 271,414 2,617 215 1,372,780 793,997 2,166,777

NET WAGERED $5,337,484 $822,842 $5,304,154 $3,846,302 $72,558 $90,170 $2,875,186 $2,985,608 $22,319 $22,250 $13,611,701 $7,767,171 $21,378,873

-6-

Simulcast DaysSimulcast Races Intrastate TotalLive Races Simulcast Races Intrastate

Live Days

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED RACE MEETING NET WAGERED BY POOL

NET WAGERED BY POOL

0100200300400500600700800900

1,0001,1001,2001,3001,4001,5001,6001,7001,8001,9002,000

Win, Place,Show

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

Twin Trifecta Superfecta

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Live Days:Live On-TrackLive Days:Live OTWLive Days:Simulcast On-TrackLive Days:Simulcast OTWLive Days:Intrastate On-TrackLive Days:Intrastate OTWSimulcast Days:Simulcast On-TrackSimulcast Days:Simulcast OTWSimulcast Days:Intrastate On-TrackSimulcast Days:Intrastate OTW

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Total Total Live Simulcast Simulcast Live Simulcast Grand

Races Races Days Races Races Total

Thoroughbred $5,337,484 $4,103,715 $2,357,535 $5,337,484 $6,461,250 $11,798,734Quarter Horse 0 452,917 195,661 0 648,578 648,578Paint/Appaloosa 0 0 0 0 0 0Mixed 0 567,258 237,980 0 805,238 805,238Steeplechase/Harness 0 252,822 106,330 0 359,152 359,152OTW (See Note 2) 822,842 3,936,472 3,007,858 822,842 6,944,330 7,767,171

NET WAGERED $6,160,325 $9,313,183 $5,905,364 $6,160,325 $15,218,547 $21,378,873

Live Days

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED RACE MEETING NET WAGERED BY BREED

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

NET WAGERED BY BREED

0

1,000

2,000

3,000

4,000

5,000

6,000

Thorou

ghbre

d

Quarte

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Mixed

Steeple

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Live Days/Live RacesLive Days/Simulcast RacesSimulcast Days

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Total Total Live Simulcast Simulcast Live Simulcast Grand

Races Races Days Races Races Total

Thoroughbred 608 8,310 5,769 608 14,079 14,687Quarter Horse 0 552 369 0 921 921Paint/Appaloosa 0 0 0 0 0 0Mixed 0 2,156 1,118 0 3,274 3,274Steeplechase/Harness 0 2,944 1,686 0 4,630 4,630OTW (See Note 2) 0 0 0 0 0 0

NET WAGERED 608 13,962 8,942 608 22,904 23,512

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

Live Days

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED RACE MEETING NUMBER OF RACES BY BREED

NUMBER OF RACES BY BREED

012345678

Thorou

ghbre

d

Quarte

r Hors

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Paint/A

ppalo

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Mixed

Steeple

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OTW (S

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Live Days/Live RacesLive Days/Simulcast RacesSimulcast Days

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Live SimulcastDays Days Race Meeting

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

Net Wagered $15,473,509 $5,905,364 $21,378,873

Attendance 326,845 122,325 449,170

Average Daily Attendance 4,807 2,496 3,839

Number of Race Days 68 49 117

Average Daily Handle 227,551.60 120,517.63 182,725.41

Average Daily Wagered Per Capita 47.34 48.28 47.60

LIVE RACESAverage Wagered Per Race: Thoroughbred 8,778.76 0.00 8,778.76 Quarter Horse 0.00 0.00 0.00 Paint/Appaloosa 0.00 0.00 0.00 Mixed 0.00 0.00 0.00 Steeplechase/Harness 0.00 0.00 0.00 OTW 1,353.36 0.00 1,353.36

Average Races Per Day Thoroughbred 8.94 0.00 8.94 Quarter Horse 0.00 0.00 0.00 Paint/Appaloosa 0.00 0.00 0.00 Mixed 0.00 0.00 0.00 Steeplechase/Harness 0.00 0.00 0.00 OTW 8.94 0.00 8.94

SIMULCAST RACESAverage Wagered Per Race: Thoroughbred 493.83 408.66 458.93 Quarter Horse 820.50 530.25 704.21 Paint/Appaloosa 0.00 0.00 0.00 Mixed 263.11 212.86 245.95 Steeplechase/Harness 85.88 63.07 77.57 OTW 281.94 336.37 303.19

Average Races Per Day Thoroughbred 122.21 117.73 120.33 Quarter Horse 8.12 7.53 7.87 Paint/Appaloosa 0.00 0.00 0.00 Mixed 31.71 22.82 27.98 Steeplechase/Harness 43.29 34.41 39.57 OTW 205.32 182.49 195.76

Federal Income Tax Withheld $36,381 $158,913 $195,294

State Income Tax Withheld $5,816 $5,877 $11,693

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED RACE MEETING OTHER STATISTICAL INFORMATION

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2006 to 2005 2005 to 20042006 2005 2004 Increase % increase %

(Decrease) Change (Decrease) Change

NET WAGERED $21,378,873 $22,033,116 $25,336,934 ($654,243) -3% ($3,303,818) -13%

COMMISSIONS: Licensee 2,673,508.92 2,426,596.80 2,494,392.60 246,912.12 10% (67,795.80) -3% Purses 2,217,170.47 2,084,053.64 2,180,093.12 133,116.83 6% (96,039.48) -4% Host Track 519,884.34 569,397.99 664,019.96 (49,513.65) -9% (94,621.97) -14% State Tax 578,218.54 544,936.67 573,379.15 33,281.87 6% (28,442.48) -5% County Tax (See Note 4) 34,952.27 34,340.57 40,835.14 611.70 2% (6,494.57) -16% City Tax (See Note 4) 34,952.27 34,340.57 40,835.14 611.70 2% (6,494.57) -16% State Auditor 15,946.51 17,442.14 20,184.57 (1,495.63) -9% (2,742.43) -14% Breeding Development Fund Special Account 42,568.08 32,080.29 27,912.29 10,487.79 33% 4,168.00 15%

OTHERS: Breakage 96,036.43 103,305.44 123,229.42 (7,269.01) -7% (19,923.98) -16% Unclaimed Tickets 0.00 0.00 0.00 0.00 0% 0.00 0%

TOTAL COMMISSIONS AND OTHERS 6,213,237.83 5,846,494.10 6,164,881.39 366,743.73 6.27% (318,387.29) -5%

TOTAL COMMISSIONS RECEIVED FROM GUESTFACILITIES 1,615,993.37 711,906.47 605,006.36 904,086.90 127.00% 106,900.11 18%

NET PAID TO THE PUBLIC $22,994,865.9 $22,745,022.1 25,941,940.4 249,843.80 1.10% ($3,196,918.29) -12%

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED RACE MEETING PRIOR YEAR COMPARISON - DISTRIBUTION SUMMARY OF NET WAGERED

PRIOR YEAR COMPARISON OF NET WAGERED

200620052004

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2006 to 2005 2005 to 20042006 2005 2004 Increase % increase %

(Decrease) Change (Decrease) Change

Win, Place, Show $5,758,631 $5,898,585 $6,919,233 ($139,954) -2% ($1,020,648) -15%

Daily Double 282,540 270,807 299,249 11,733 4% (28,442) -10%Exacta 5,313,374 5,551,607 6,829,050 (238,233) -4% (1,277,443) -19%Quinella 269,518 284,835 446,585 (15,317) -5% (161,750) -36%Trifecta 6,301,962 6,897,384 8,302,085 (595,422) -9% (1,404,701) -17%Pick Three 623,190 558,700 609,696 64,490 12% (50,996) -8%Pick Four 443,723 377,800 351,771 65,923 17% 26,029 7%Pick Five 0 0 0 0 0% 0 0%Pick Six 218,933 224,421 176,080 (5,488) -2% 48,341 27%Other Multiple Pick 0 0 0 0 0% 0 0%Twin Trifecta 225 1,778 1,348 (1,553) -87% 430 32%Superfecta 2,166,777 1,967,198 1,401,837 199,579 10% 565,361 40%

NET WAGERED $21,378,873 $22,033,115 $25,336,934 ($654,243) -3% ($3,303,819) -13%

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED RACE MEETING PRIOR YEAR COMPARISON - NET WAGERED BY POOL

PRIOR YEAR COMPARISON OF NET WAGERED BY POOL

0.000.751.502.253.003.754.505.256.006.757.508.25

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200620052004

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2006 to 2005 2005 to 20042006 2005 2004 Increase % increase %

(Decrease) Change (Decrease) Change

Thoroughbred $11,798,734 $12,157,932 $13,992,363 ($359,198) -3% ($1,834,431) -13%Quarter Horse 648,578 922,965 655,816 (274,388) -30% 267,149 41%Paint/Appaloosa 0 0 0 0 100% 0 0%Mixed 805,238 858,611 1,141,455 (53,373) -6% (282,844) -25%Steeplechase/Harness 359,152 462,370 472,825 (103,219) -22% (10,455) -2%OTW (See Note 2) 7,767,171 7,631,237 9,074,475 135,934 2% (1,443,238) -16%

NET WAGERED $21,378,873 $22,033,116 $25,336,934 ($654,243) -3% ($3,303,818) -13%

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED RACE MEETING PRIOR YEAR COMPARISON - NET WAGERED BY BREED

PRIOR YEAR COMPARISON - NET WAGERED BY BREED

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20052004

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2006 to 2005 2005 to 20042006 2005 2004 Increase % increase %

(Decrease) Change (Decrease) Change

Thoroughbred 14,687 13,809 13,812 878 6% (3) 0%Quarter Horse 921 997 931 (76) -8% 66 7%Paint/Appaloosa 0 0 0 0 100% 0 0%Mixed 3,274 3,030 3,154 244 8% (124) -4%Steeplechase/Harness 4,630 4,550 3,847 80 2% 703 18%OTW (See Note 2) 0 0 0 0 0% 0 0%

NET WAGERED 23,512 22,386 21,744 1,126 5% 642 3%

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED RACE MEETING PRIOR YEAR COMPARISON - NUMBER OF RACES BY BREED

PRIOR YEAR COMPARISON - RACES BY BREED

0.02.55.07.5

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200620052004

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2006 to 2005 2005 to 20042006 2005 2004 Increase % increase %

(Decrease) Change (Decrease) Change

Net Wagered $21,378,872.50 $22,033,115.60 $25,336,934.00 ($654,243.10) -2.97% ($3,303,818) -13.04%

Attendance 449,170 121,739 112,773 327,431 268.96% 8966 7.95%

Average Daily Attendance 3,839 1,541 924 2,298 149.13% 616.63 66.71%

Number of Race Days 117 79 122 38 48.10% (43) -35.25%

Number of Live Days 68 66 65 2 3.03% 1 1.54%

Average Daily Handle $182,725.41 $278,900.20 $207,679.79 ($96,174.79) -34.48% $71,220.41 34.29%

Average Daily Wagered Per Capita $47.60 $180.99 $224.67 ($133.39) -73.70% ($43.69) -19.44%

LIVE RACESAverage Wagered Per Race: Thoroughbred 8,778.76 7,505.68 8,594.14 1,273.08 0.00% (1,088.46) 0.00% Quarter Horse 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% Paint/Appaloosa 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% 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 1,353.36 983.93 1,037.32 369.43 37.55% (53.40) -5.15%

Average Races Per Day Thoroughbred 8.94 9.15 9.06 (0.21) -2.30% 0.09 0.00% Quarter Horse 0.00 0.00 0 0.00 0.00% 0.00 0.00% Paint/Appaloosa 0.00 0.00 0 0.00 0.00% 0.00 0.00% Mixed 0.00 0.00 0 0.00 0.00% 0.00 0.00% Steeplechase/Harness 0.00 0.00 0 0.00 0.00% 0.00 0.00% OTW 8.94 9.15 9.06 (0.21) -2.30% 0.09 1.01%

SIMULCAST RACESAverage Wagered Per Race: Thoroughbred 458.93 577.40 675.37 (118.47) -20.52% (97.97) -14.51% Quarter Horse 704.21 925.74 704.42 (221.53) -23.93% 221.32 31.42% Paint/Appaloosa 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% Mixed 245.95 283.37 361.91 (37.42) -13.21% (78.54) -21.70% Steeplechase/Harness 77.57 101.62 122.91 (24.05) -23.67% (21.29) -17.32% OTW 303.19 323.06 400.07 (19.87) -6.15% (77.01) -19.25%

Average Races Per Day Thoroughbred 120.33 167.15 108.39 (46.82) -28.01% 58.76 54.21% Quarter Horse 7.87 12.62 7.63 (4.75) -37.63% 4.99 65.40% Paint/Appaloosa 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% Mixed 27.98 38.35 25.85 (10.37) -27.04% 12.50 48.37% Steeplechase/Harness 39.57 57.59 31.53 (18.02) -31.29% 26.06 82.67% OTW 195.76 275.72 173.40 (79.96) -29.00% 102.32 59.01%

Federal Income Tax Withheld $195,293.80 $46,572.00 $38,957.00 $148,721.80 319.34% $7,615.00 19.55%

State Income Tax Withheld $11,692.50 $7,443.00 $6,225.00 $4,249.50 57.09% $1,218.00 19.57%

AUGUST 4, 2006 THROUGH NOVEMBER 28, 2006

OKLAHOMA HORSE RACING COMMISSIONSTATISTICAL REPORT OF OPERATIONS

REMINGTON PARK - THOROUGHBRED 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 2006 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.

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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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APPENDIX (TERMS, HEADINGS, AND TITLES)

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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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APPENDIX (TERMS, HEADINGS, AND TITLES)

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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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APPENDIX (TERMS, HEADINGS, AND TITLES)

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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.

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OFFICE OF THE STATE AUDITOR & INSPECTOR 2300 NORTH LINCOLN BOULEVARD, ROOM 100

OKLAHOMA CITY, OKLAHOMA 73105-4896 405-521-3495

WWW.SAI.STATE.OK.US