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SVREL targets greater Caymanas Park profitability

first_imgSupreme Venture Racing and Entertainment Limited’s (SVREL), racing director Chris Armond, says transforming Caymanas Park into a profitable entity is the ultimate goal of the SVL subsidiary the new owners and operators of the venue.Armond revealed a number of changes which are geared at improving the racing product and ensuring a commercially efficient racing track.One of the major revenue increasing plans is the ammendment of several exotic bets such as the ‘Twilight Six’ (early pick-6), ‘Sunlight Six’ (late pick-6), ‘Superfecta’, ‘Pick Nine’ and ‘Pick Four’, as well as the creation of a bet call single-winner bonus.Only one person can win the single-winner bonus, so if there is more than one winner for a bet, a percentage of what is left for the payout to the winners will be set aside to create the single-winner bonus.If there is no single-winner for more than a month, SVREL will have the ability to declare the next race day as a mandatory payout, so even if there is more than one winners that day the bet will be paid out, and this will include all the funds that have been accumulated in the single-winner bonus, in addition to what is wagered on the day.mandatory payment”So everything will be paid out on that (mandatory) day, even if there is more than one winner. If you have no winner of the bet (mandatory payout) then you will a carry-over, but no money from the carry-over will be put into the single winner bonus.The whole carry-over will be a carry-over for the next bet,” Armond stated.This option will be offered at both OTBs and at Caymanas Park and the Racing Director believes this will certainly increase interest among punters.”If you have a single-winner bonus that reaches $10 million, the betting that day will be significantly higher,” Armond noted.Meanwhile, he revealed they are also looking into ‘tweaking the claiming system to suit the quantity of horse available.”The claiming system has been around for about 25 years and I don’t think enough tweaking has been done based on the horse population we have.It’s important we ride races on conditions that suit the horse population and that’s one of the first priorites we will undertake, to see how best we can improve on what we have,” Armond said.He added that Caymanas Park enjoys 60 per cent of the betting dollar and the bookmakers 40 per cent, noting that if they can’t increase the betting dollar, they want to increase their percentage.last_img read more


first_imgNaomh Padraig Uisce Chaoin Notes Results:Congratulations to our Naomh Padraig Minor team who are now Inishowen Champions following a great victory over Moville in Malin on Sunday evening (April 24th) winning 3-08 to 1-07. This follows another victory at the Northern Board Quarter Final on Monday evening against Convoy on a score of 3-12 to 4-7. Well done lads, what a great week for the team, your mentors, families and wider club. The full squad for the Inishowen final was: Aaron Mc Colgan , Aidan Mc Laughlin, Aiden Ferns, Denim Mc Laughlin, Dylan Mc Callion, Eunan Mullan, Evan Craig, James Breslin, Jason Mc Callion, Joe Mc Cauley, Jonathan Toye, Kai Mc Donald, Kevin Doherty, Michael Cregan, Oisin O Connell, Paddy Mc Cauley, Patrick Mc Groddy, Reece Davenport, Ronan Hoy, Rory Hirrell, Shane Grant, Shane Mc Callion, Shane Mc Colgan, Shay DavenportSenior Football: Div 4 League game Convoy 1-4 Naomh Padraig 1-12 Congratulations to Aidan McAleer and his team on this excellent away win. Training:Under 8s every Friday in Ture from 6.30pm to 7.30pm. New boys and girls always welcome.Under 10s every Monday in Ture from 6.30pm to 7.30pm. For more info on these age groups contact Daniel on 0862072745 or Brendan on 0879946703.Under 12 boys training is every Sunday in Ture pitch at 12.45pm to 2pm. Children can be left down after mass as coaches will be there from 12.15pm , €2 for training, all new faces welcome.Under 14 training every Thursday evening in Ture from 6pm to 7.30pm.The Minors and U-16s. For anyone interested in playing this year they can contact Daniel on 0862072745 or Billy on 0879294352 new players always welcome.Camogie: Training in Ture on Thursdays 6-7pm. Girls from 6 years upwards welcome.Concert:Our Annual Charity Childrens Concert is in Clubhouse Ture on Friday 6th.May at 7pm.All proceeds on the night to the Children’s Ward Letterkenny Hospital.Any child that wants to sing, dance, recite, or play an instrument please contact Eileen on 086 8720734.Fixtures:Sunday 8th May, Darren Downey/ Gary McLaughlin U16A Final: Carndonagh Vs. Naomh PadraigSunday 15th May, Joe McGeady U14A Final: Malin Vs. Naomh PadraigRegistration:Reminder to any players who have not paid their membership/insurance money please contact the club registrar as soon as possible. Forms are available in the Club house or from coaches.Club Gear: There is a limited stock of some club gear and Club Donegal gear available in the clubhouse,Please contact Dermot on 0879978968 for availabilityAs always keep up to date with club activities through Facebook, Twitter, Club APP and through the website on www.naomhpadraig.comFocal Deireanach:Congratulatons to clubman Aidan McLaughlin whose last minute wonder goal secured victory for the Donegal Minors against Tyrone on Saturday. Maith thú Aidan!GAA NEWS: NAOMH PADRAIG MAN AIDAN GRABS VITAL GOAL FOR DONEGAL U17s was last modified: April 24th, 2016 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more