Kentucky Handle and Excise Tax Report for May, 2017 May‐17 May‐16 % Change FTYD ‐ 2017 FTYD ‐ 2016 % Change Live Racing Dates 30 30 0.0% 245 241 1.7% On‐Track Handle$ 40,869,124 $ 44,848,579 ‐8.9%$ 102,263,479 $ 103,846,139 ‐1.5% All‐Breed Simulcast Handle$ 19,932,751 $ 21,488,989 ‐7.2%$ 152,297,071 $ 166,108,141 ‐8.3% Total ADW Handle$ 40,005,657 $ 39,170,260 2.1%$ 189,384,223 $ 178,640,535 6.0% Historical Horse Racing Handle$ 88,397,002 $ 67,520,548 30.9%$ 838,993,585 $ 580,673,917 44.5% Total Handle $ 189,204,533 $ 173,028,376 9.3%$ 1,282,938,358 $ 1,029,268,733 24.6% TB Development Fund$ 1,210,068 $ 1,121,181 7.9%$ 8,571,326 $ 7,236,971 18.4% SB Development Fund$ 139,317 $ 113,162 23.1%$ 1,319,137 $ 752,472 75.3% QH/Arabian Development Fund$ 1,312 $ 1,707 ‐23.1%$ 15,628 $ 17,428 ‐10.3% Backside Improvement Fund$ 204,342 $ 224,241 ‐8.9%$ 504,815 $ 511,527 ‐1.3% Equine Industry Program$ 90,427 $ 98,850 ‐8.5%$ 917,711 $ 925,704 ‐0.9% Equine Drug Research$ 58,246 $ 63,153 ‐7.8%$ 548,632 $ 558,866 ‐1.8% Higher Education Fund$ 58,246 $ 63,153 ‐7.8%$ 548,632 $ 558,866 ‐1.8% ADW Host Track Allocation (Note 1)$ 85,012 $ 83,237 2.1%$ 402,441 $ 379,611 6.0% ADW Purse Allocation (Note 1)$ 85,012 $ 83,237 2.1%$ 402,441 $ 379,611 6.0% KY General Fund$ 932,691 $ 802,856 16.2%$ 6,134,143 $ 4,395,892 39.5% Total KY Excise Tax $ 2,864,673 $ 2,654,778 7.9%$ 19,364,908 $ 15,716,948 23.2% Note 1 ‐ As per KRS 138.530 Kentucky Live and Simulcast Wagering Report for May, 2017 Live Racing May‐17 May‐16 % Change FYTD ‐ 2017 FYTD ‐ 2016 % Change Race Dates 30 30 245 241 1.7% On‐Track Handle on All Kentucky Races (OTH) $ 40,869,124 $ 44,848,579 ‐8.9%$ 102,263,479 $ 103,846,139 ‐1.5% Less: Return to Public$ 32,609,963 $ 35,688,765 ‐8.6% $ 82,217,913 $ 83,334,230 ‐1.3% Less: Breakage$ 228,807 $ 315,094 ‐27.4% $ 633,647 $ 693,257 ‐8.6% Gross Commission $ 8,030,354 $ 8,844,721 ‐9.2%$ 19,411,919 $ 19,818,652 ‐2.1% TB Development Fund (0.75% of On‐Track TB Handle)$ 306,513 $ 336,362 ‐8.9%$ 757,222 $ 767,290 ‐1.3% SB Development Fund (1.25% of On‐Track SB Handle)$ 9 $ 4 127.4%$ 16,257 $ 19,260 ‐15.6% Equine Industry Program (0.2% of OTH)$ 81,738 $ 89,697 ‐8.9%$ 204,527 $ 207,692 ‐1.5% Equine Drug Research (0.1% of OTH)$ 40,869 $ 44,849 ‐8.9%$ 102,263 $ 103,846 ‐1.5% Higher Education Fund (0.1% of OTH)$ 40,869 $ 44,849 ‐8.9%$ 102,263 $ 103,846 ‐1.5% KY General Fund (0.35% of OTH TB, 0.1% OTH SB)$ 143,040 $ 156,969 ‐8.9%$ 354,671 $ 359,610 ‐1.4% Total KY Excise Tax (1.5% of OTH TB, 1.75% of OTH SB) $ 613,039 $ 672,729 ‐8.9%$ 1,537,203 $ 1,561,544 ‐1.6% % of Gross Commission 7.63% 7.61% 7.92% 7.88% Backside Improvement Fund (0.5% of Total OTH at TB Tracks)$ 204,342 $ 224,241 ‐8.9%$ 504,815 $ 511,527 ‐1.3% Net Commission $ 7,212,973 $ 7,947,750 ‐9.2%$ 17,369,901 $ 17,745,582 ‐2.1% % of On‐Track Handle 17.65% 17.72% 16.99% 17.09% Off‐Track Handle on All Kenutucky Races From Other KY Tracks$ 7,648,102 $ 7,981,511 ‐4.2%$ 21,121,194 $ 22,772,790 ‐7.3% Kentucky Licensed ADW's$ 21,978,449 $ 18,720,822 17.4%$ 51,586,144 $ 48,634,548 6.1% Other Sources$ 263,457,790 $ 242,543,868 8.6%$ 764,088,751 $ 701,093,244 9.0% All Sources Handle on Live Racing $ 333,953,465 $ 314,094,780 6.3%$ 939,059,568 $ 876,346,722 7.2% Average Daily Handle ‐ On Track$ 1,362,304 $ 1,494,953 ‐8.9%$ 417,402 $ 430,897 ‐3.1% Average Daily Handle ‐ All Sources$ 11,131,782 $ 10,469,826 6.3%$ 3,832,896 $ 3,636,293 5.4% Simulcast Wagering on Other Tracks (Note: Standardbred Facilities Only Taxed on Live Racing) Handle by Breed Thoroughbred Simulcast Handle (TBSH)$ 17,931,398 $ 18,897,360 ‐5.1%$ 127,994,580 $ 139,284,527 ‐8.1% Standardbred Simulcast Handle (SBSH)$ 1,897,399 $ 2,444,519 ‐22.4%$ 23,221,830 $ 25,487,557 ‐8.9% Quarter Horse/Arabian/Paint/Mule Simulcast Handle (QHSH)$ 103,954 $ 147,110 ‐29.3%$ 1,080,662 $ 1,336,057 ‐19.1% All‐Breed Total Simulcast Handle (TSH) $ 19,932,751 $ 21,488,989 ‐7.2%$ 152,297,071 $ 166,108,141 ‐8.3% TB Development Fund (2% of TBSH at TB Tracks)$ 341,551 $ 359,960 ‐5.1%$ 2,460,005 $ 2,629,387 ‐6.4% SB Development Fund (2% of SBSH at TB Tracks)$ 4,677 $ 4,431 5.5%$ 51,744 $ 46,896 10.3% QH/Arabian Development Fund (2% of QHSH at TB Tracks)$ 1,312 $ 1,707 ‐23.1%$ 15,628 $ 17,428 ‐10.3% Equine Industry Program (0.05% of TSH at TB Tracks)$ 8,688 $ 9,152 ‐5.1%$ 63,184 $ 67,343 ‐6.2% Equine Drug Research (0.1% of TSH at TB Tracks)$ 17,377 $ 18,305 ‐5.1%$ 126,369 $ 134,686 ‐6.2% Higher Education Fund (0.1% of TSH at TB Tracks)$ 17,377 $ 18,305 ‐5.1%$ 126,369 $ 134,686 ‐6.2% KY General Fund (0.75% of TSH at TB Tracks)$ 130,327 $ 137,287 ‐5.1%$ 947,766 $ 1,010,141 ‐6.2% Total KY Excise Tax (3% of TSH at TB Tracks) $ 521,309 $ 549,147 ‐5.1%$ 3,791,065 $ 4,040,566 ‐6.2% Blue Grass Downs Live and Simulcast Wagering Report for May, 2017 Live Racing May‐17 May‐16 % Change FYTD ‐ 2017 FYTD ‐ 2016 % Change Race Dates 66 On‐Track Handle (OTH) $ 7,896 $ 6,925 14.0% Less: Return to Public $ 6,168 $ 5,433 13.5% Less: Breakage $ 89 $ 38 134.1% Gross Commission $ 1,639 $ 1,454 12.7% SB Development Fund (1.25% of OTH) $ 99 $ 87 14.0% Equine Industry Program (0.2% of OTH) $ 16 $ 14 14.0% Equine Drug Research (0.1% of OTH) $ 8 $ 7 14.0% Higher Education Fund (0.1% of OTH) $ 8 $ 7 14.0% KY General Fund (0.1% of OTH) $ 8 $ 7 14.0% Total KY Excise Tax (1.75% of OTH) $ 138 $ 121 14.0% % of Gross Commission 8.43% 8.33% 1.2% Net Commission $ 1,501 $ 1,333 12.6% % of On‐Track Handle 19.01% 19.25% Off‐Track Handle on Kenutucky Races From Other KY Tracks Kentucky Licensed ADW's Other Sources All Sources Handle on Live Racing (On‐ and Off‐Track) $ 7,896 $ 6,925 14.0% Average Daily Handle ‐ On Track $ 1,316 $ 1,154 14.0% Average Daily Handle ‐ All Sources $ 1,316 $ 1,154 14.0% Simulcast Wagering on Other Tracks (Note: Standardbred Facilities Only Taxed on Live Racing) Handle by Breed Thoroughbred Simulcast Handle (TBSH)$ 619,537 $ 548,940 12.9%$ 3,754,245 $ 3,990,100 ‐5.9% Standardbred Simulcast Handle (SBSH)$ 12,048 $ 22,319 ‐46.0%$ 101,767 $ 179,012 ‐43.2% Quarter Horse/Other Simulcast Handle (QHSH)$ 1,295 $ 11,342 $ 19,603 ‐42.1% All‐Breed Total Simulcast Handle (TSH) $ 632,880 $ 571,259 10.8%$ 3,867,354 $ 4,188,716 ‐7.7% Churchill Downs Live and Simulcast Wagering Report for May, 2017 Live Racing May‐17 May‐16 % Change FYTD ‐ 2017 FYTD ‐ 2016 % Change Race Dates 18 18 53 51 3.9% On‐Track Handle (OTH) $ 40,868,401 $ 44,848,261 ‐8.9%$ 55,620,828 $ 57,806,695 ‐3.8% Less: Return to Public$ 32,609,346 $ 35,688,491 ‐8.6% $ 44,339,086 $ 45,983,495 ‐3.6% Less: Breakage$ 228,840 $ 315,110 ‐27.4% $ 318,768 $ 396,253 ‐19.6% Gross Commission $ 8,030,215 $ 8,844,660 ‐9.2%$ 10,962,974 $ 11,426,946 ‐4.1% TB Development Fund (0.75% of OTH)$ 306,513 $ 336,362 ‐8.9%$ 417,156 $ 433,550 ‐3.8% Equine Industry Program (0.2% of OTH)$ 81,737 $ 89,697 ‐8.9%$ 111,242 $ 115,613 ‐3.8% Equine Drug Research (0.1% of OTH)$ 40,868 $ 44,848 ‐8.9%$ 55,621 $ 57,807 ‐3.8% Higher Education Fund (0.1% of OTH)$ 40,868 $ 44,848 ‐8.9%$ 55,621 $ 57,807 ‐3.8% KY General Fund (0.35% of OTH)$ 143,039 $ 156,969 ‐8.9%$ 194,673 $ 202,323 ‐3.8% Total KY Excise Tax (1.5% of OTH) $ 613,026 $ 672,724 ‐8.9%$ 834,312 $ 867,100 ‐3.8% % of Gross Commission 7.63% 7.61% 0.4% 7.61% 7.59% 0.3% Backside Improvement Fund (0.5% of OTH)$ 204,342 $ 224,241 ‐8.9%$ 278,104 $ 289,033 ‐3.8% Net Commission $ 7,212,847 $ 7,947,695 ‐9.2%$ 9,850,557 $ 10,270,813 ‐4.1% % of On‐Track Handle 17.65% 17.72% 17.71% 17.77% Off‐Track Handle on Kenutucky Races From Other KY Tracks$ 7,648,102 $ 7,981,511 ‐4.2%$ 11,094,893 $ 11,221,679 ‐1.1% Kentucky Licensed ADW's$ 21,978,449 $ 17,688,719 24.3%$ 30,424,734 $ 24,750,826 22.9% Other Sources$ 263,457,790 $ 243,575,970 8.2%$ 395,268,859 $ 364,439,327 8.5% All Sources Handle on Live Racing (On‐ and Off‐Track) $ 333,952,742 $ 314,094,462 6.3%$ 492,409,314 $ 458,218,526 7.5% Average Daily Handle ‐ On Track$ 2,270,467 $ 2,491,570 ‐8.9%$ 1,049,450 $ 1,133,465 ‐7.4% Average Daily Handle ‐ All Sources$ 18,552,930 $ 17,449,692 6.3%$ 9,290,742 $ 8,984,677 3.4% Simulcast Wagering on Other Tracks Handle by Breed Thoroughbred Simulcast Handle (TBSH)$ 2,962,815 $ 3,098,120 ‐4.4%$ 34,756,450 $ 39,083,157 ‐11.1% Standardbred Simulcast Handle (SBSH) $ 147,840 $ 125,993 17.3% Quarter Horse/Other Simulcast Handle (QHSH)$ 3,754 $ 4,536 ‐17.2%$ 215,893 $ 164,975 30.9% All‐Breed Total Simulcast Handle (TSH) $ 2,966,569 $ 3,102,656 ‐4.4%$ 35,120,183 $ 39,374,125 ‐10.8% TB Development Fund (2% of TBSH)$ 59,256 $ 61,962 ‐4.4%$ 695,129 $ 781,663 ‐11.1% SB Development Fund (2% of SBSH) $ 2,957 $ 2,520 17.3% QH/Other Development Fund (2% of QHSH)$ 75 $ 91 ‐17.2%$ 4,318 $ 3,299 30.9% Equine Industry Program (0.05% of TSH)$ 1,483 $ 1,551 ‐4.4%$ 17,560 $ 19,687 ‐10.8% Equine Drug Research (0.1% of TSH)$ 2,967 $ 3,103 ‐4.4%$ 35,120 $ 39,374 ‐10.8% Higher Education Fund (0.1% of TSH)$ 2,967 $ 3,103 ‐4.4%$ 35,120 $ 39,374 ‐10.8% KY General Fund (0.75% of TSH)$ 22,249 $ 23,270 ‐4.4%$ 263,401 $ 295,306 ‐10.8% Total KY Excise Tax (3% of TSH) $ 88,997 $ 93,080 ‐4.4%$ 1,053,605 $ 1,181,224 ‐10.8% Ellis Park Live and Simulcast Wagering Report for May, 2017 Live Racing May‐17 May‐16 % Change FYTD ‐ 2017 FYTD ‐ 2016 % Change Race Dates 30 31 ‐3.2% On‐Track Handle (OTH) $ 4,665,126 $ 5,008,862 ‐6.9% Less: Return to Public $ 3,712,044 $ 3,985,838 ‐6.9% Less: Breakage $ 34,936 $ 38,055 ‐8.2% Gross Commission $ 918,146 $ 984,968 ‐6.8% TB Development Fund (0.75% of OTH) $ 34,988 $ 37,566 ‐6.9% Equine Industry Program (0.2% of OTH) $ 9,330 $ 10,018 ‐6.9% Equine Drug Research (0.1% of OTH) $ 4,665 $ 5,009 ‐6.9% Higher Education Fund (0.1% of OTH) $ 4,665 $ 5,009 ‐6.9% KY