INGLEWOOD, Calif. (AP) – Betfair Hollywood Park will reduce purses starting Thursday because of smaller field sizes and a subsequent decline in wagering handle.
The track said Saturday that the purses of three stakes races will be cut by $50,000 each.
The Grade 1 American Oaks will be reduced from $400,000 to $350,000; and both the Landaluce and Grade 3 Hollywood Juvenile Championship will go from $200,000 to $150,000. All three races are to be run July 14.
The track says the smaller fields and reduced wagering handle were both unanticipated.
Non-claiming and maiden allowance races will be cut by $2,000, while claiming races will be reduced by $1,000. The track says the purses will remain higher or near the same levels as those offered during the recent winter-spring meet at Santa Anita.