Los Angeles, California, March 6, 2014 (GLOBE NEWSWIRE) -- Embarr Downs, Inc. (OTCQB: EMBR) announced today that in January 2014 purses were up 12 percent at California tracks and wagering rose 14 percent. In 2013, the total amount of purse money in the United States totaled $1,123,856,097. "Racing in California has been consistently outperforming this year," said Joseph Wade, CEO of Embarr Downs. "This is great news for stables located in California. As a newer stable in California, we are looking forward to capitalize on the increase in the purse money and thereby increasing the dividends to our shareholders."
Being an Embarr shareholder has its benefits. One of the more popular ones is the all-access pass to the back stretch. Embarr shareholders can enjoy morning workouts at Santa Anita. Your "all-access pass" allows you to hob-nob with the trainers, jockeys, and horses. Race days are fun, but the day-to-day training of your horses is an incredible experience. If you are an Embarr shareholder and would like to attend a morning workout, please let us know.
About Embarr Downs. The Company is engaged in the buying, selling and racing of thoroughbreds. The Company's focus is acquiring thoroughbreds that can race in the allowance and stakes level of thoroughbred racing; however, the Company will initially begin acquiring thoroughbreds in the claiming level of thoroughbred racing. More information can be found at www.embarrdowns.com Additional information can be found at www.embarrdowns.com and on our Facebook page https://www.facebook.com/embarrdowns and Twitter at https://twitter.com/EmbarrDowns.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
Source:Embarr Downs, Inc.