Golden Gate Fields
Golden Gate Fields is a Berkeley, California thoroughbred horse racing venue, founded in 1941 and operated within the 1/ST Group portfolio, offering live racing, on-site and digital pari-mutuel wagering via the 1/ST BET platform, and premium entertainment events for racing enthusiasts and event consumers.
- Company typePrivate
- Founded1941
- HeadquartersBerkeley, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Golden Gate Fields does
Golden Gate Fields is a thoroughbred horse racing venue in Berkeley, California, founded in 1941 and operated as part of the 1/ST Group portfolio of sports-anchored entertainment and wagering companies. It conducts live thoroughbred racing, on-site pari-mutuel wagering, and live entertainment events serving individual racing enthusiasts, bettors, and premium hospitality consumers in the Western United States.
The venue's commercial backbone is pari-mutuel wagering conducted at the track and through digital channels, supported by 1/ST BET, a mobile-first wagering platform described as the largest gaming technology in the horse racing industry. 1/ST BET extends wagering distribution beyond the physical grandstand to a national mobile audience and sits inside an integrated 1/ST stack that includes digital, technology, media, content, and real estate development assets. Golden Gate Fields also shares in the cross-venue simulcast and content pooling of the 1/ST ecosystem, which includes flagship properties Gulfstream Park and Santa Anita Park and signature events such as the NBC-broadcast Pegasus World Cup Invitational series.
Revenue is generated primarily through transaction-fee economics on pari-mutuel wagering handle, both on-site and via the 1/ST BET digital channel, supplemented by admissions, hospitality, and event revenue tied to signature racing days. Pricing is not publicly disclosed, and the business model relies on attracting both traditional racing patrons and a newer generation of fans drawn by the 1/ST Group's premium event marketing and mobile wagering experience.
Golden Gate Fields firmographics
Firmographics- Name
- Golden Gate Fields
- Legal name
- 1/ST Group
- Website
- https://goldengatefields.com
- Company type
- Private
- Founded year
- 1941
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Golden Gate Fields is a Berkeley, California thoroughbred horse racing venue, founded in 1941 and operated within the 1/ST Group portfolio, offering live racing, on-site and digital pari-mutuel wagering via the 1/ST BET platform, and premium entertainment events for racing enthusiasts and event consumers.
- Ownership category
- akta.pro rank
Golden Gate Fields industry classification
Industry- Product category
- Horse Racing Venue
- NAICS
- Racetracks (711212), Other Gambling Industries (713290), Gambling Industries (7132)
- SIC
- Services-Racing, Including Track Operation (7948), Services-Miscellaneous Amusement & Recreation (7990)
- akta.pro primary industry
- Racetrack & Race Meeting Operations (MPAEADAA)
- akta.pro secondary industries
- Online Horse Racing Betting (Advance Deposit Wagering/ADW) (MPAEADAD), Racecourse Hospitality, Sponsorship & On-Track Experiences (MPAEADAM)
Keywords
Where Golden Gate Fields is headquartered
LocationHeadquarters
- HQ city
- Berkeley
- HQ country
- United States
- HQ region
- North America
Markets served
Golden Gate Fields business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Pari-Mutuel Wagering: Traditional horse racing pari-mutuel wagering at the venue, where bets are pooled and payouts are determined by the house takeout rate
- Digital Wagering (1/ST BET): Mobile and online betting through the 1/ST BET platform, the largest gaming technology in the horse racing industry
Distribution channels2 records
Marketing channels4 records
Golden Gate Fields product offering
Product offeringCore offering
Golden Gate Fields is a thoroughbred horse racing venue in Berkeley, California, that hosts live horse racing events and accepts pari-mutuel wagers on-site. As part of the 1/ST Group portfolio, patrons also access digital wagering through the 1/ST BET mobile and online platform, described as the largest, most innovative gaming technology in the horse racing industry.
Product overview
1/ST Group operates a platform of world-class sports-anchored digital, technology, entertainment, wagering, media, content and real estate development companies centered on Thoroughbred horse racing and pari-mutuel wagering. The core product is 1/ST BET, described as the largest and most innovative gaming technology in the horse racing industry with a mobile-first betting experience. The company also operates two flagship venues—Gulfstream Park and Santa Anita Park—and produces signature events including the Pegasus World Cup Invitational and Pegasus World Cup Turf Invitational, which are broadcast on NBC and feature Grade 1 stakes races.
Differentiator
Problem solved
Functional benefit
Brands
- 1/ST BET: The largest, most innovative gaming technology in the horse racing industry, led by a mobile and fan-first betting experience
- Pegasus World Cup
Products and services
- Live Thoroughbred Horse Racing at Golden Gate Fields
Companies that use Golden Gate Fields
Customer profileSegments2 records
Ideal customer profiles2 records
Golden Gate Fields technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Golden Gate Fields partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights4 records
Golden Gate Fields competitors and assessment
Company assessmentDirect peers
- Churchill Downs Incorporated: Operates multiple U.S. thoroughbred racetracks (including Churchill Downs, home of the Kentucky Derby), TwinSpires ADW platform, and racing-related gaming — directly comparable as a multi-venue horse racing operator with pari-mutuel and digital wagering.
- Keeneland Association: Premier Kentucky thoroughbred racing and sales venue. Comparable as a high-prestige thoroughbred track hosting Grade 1 stakes and major sales — overlapping with 1/ST Group's signature-event strategy exemplified by the Pegasus World Cup.
- Del Mar Thoroughbred Club: Operates the Del Mar racetrack in Southern California and is the most direct regional competitor to Golden Gate Fields within California racing, sharing the same state regulatory framework and overlapping bettor base.
- 1/ST Group (parent): The parent operating company of Golden Gate Fields, also running Gulfstream Park, Santa Anita Park, and 1/ST BET. Included as a peer because GGF's competitive context and economics are inseparable from the broader 1/ST portfolio strategy.
- The New York Racing Association (NYRA): Operates premier New York thoroughbred tracks (Belmont, Saratoga, Aqueduct) and an ADW platform. Comparable as a regional racing operator with high-profile stakes races and a state-chartered governance model analogous to GGF's California operation.
Broad incumbents
- Caesars Entertainment: Major gaming operator with racetrack properties (e.g., Caesars Sportsbook) and the Caesars Racebook ADW offering. Comparable as a broad incumbent with both on-track racing exposure and a competing digital wagering product.
- Penn Entertainment: Large publicly traded gaming and racing operator owning Hollywood Casino racetracks and theScore/ESPN BET. Overlaps with GGF/1/ST through pari-mutuel operations and a national digital wagering footprint.
Emerging players
- Flutter Entertainment (FanDuel): Largest U.S. online sportsbook and a growing horse racing product. Comparable as the principal digital-wagering competitor for 1/ST BET's mobile bettors, though FanDuel's breadth extends well beyond horse racing.
- DraftKings: Top-tier U.S. online sportsbook with nascent horse racing integrations. Competes with 1/ST BET for the same mobile-first bettor wallet, particularly for cross-sell from sports to racing.
Regional players
- Ontario Racing / Woodbine Entertainment: Operates Woodbine Racetrack in Canada with pari-mutuel and digital wagering (HPBet). Comparable as a regional racing operator with integrated ADW, though operating under a different jurisdiction than California.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Golden Gate Fields social profiles
Digital presenceGolden Gate Fields financial estimates
Financial estimateRevenue estimate
Valuation estimate
Golden Gate Fields leadership team
Management profileNumber of profiles
Golden Gate Fields subsidiaries and ownership
Company hierarchySubsidiaries3 records
Golden Gate Fields funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Golden Gate Fields M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Golden Gate Fields
What does Golden Gate Fields do?
Golden Gate Fields is a thoroughbred horse racing venue in Berkeley, California, that hosts live horse racing events and accepts pari-mutuel wagers on-site. As part of the 1/ST Group portfolio, patrons also access digital wagering through the 1/ST BET mobile and online platform, described as the largest, most innovative gaming technology in the horse racing industry.
Is Golden Gate Fields a public or private company?
Golden Gate Fields is a private company. It is classified as corporate owned and is currently operating.
When was Golden Gate Fields founded?
Golden Gate Fields was founded in 1941. It employs 1,001 to 5,000 people.
Where is Golden Gate Fields based?
Golden Gate Fields is headquartered in Berkeley, United States, in the North America region.
How does Golden Gate Fields make money?
Two revenue lines are on record. Pari-Mutuel Wagering is the primary driver. The others are digital Wagering (1/ST BET).
Who are Golden Gate Fields's main competitors?
Direct peers on record are Churchill Downs Incorporated, Keeneland Association, Del Mar Thoroughbred Club, 1/ST Group (parent) and The New York Racing Association (NYRA). Broad incumbents are Caesars Entertainment and Penn Entertainment. Emerging players are Flutter Entertainment (FanDuel) and DraftKings. Ontario Racing / Woodbine Entertainment is listed as a regional player.
Does Golden Gate Fields have an API?
No public API is recorded for Golden Gate Fields.
What industry is Golden Gate Fields in?
Golden Gate Fields's product category is Horse Racing Venue. Its primary akta.pro industry code is MPAEADAA, Racetrack & Race Meeting Operations, with a secondary code of MPAEADAD, Online Horse Racing Betting (Advance Deposit Wagering/ADW). Its NAICS code is 711212 and its SIC code is 7948.