Purse reduction at Hollywood Park

BY foxsports • June 9, 2012

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 unanticipated.

Non-claiming and maiden allowance races will be cut by $2,000, and claiming races will be reduced by $1,000. The track said the purses will remain higher or near the same levels as those offered during the recent winter-spring meet at Santa Anita.

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