Despite Fewer Races, U.S. Wagering Increased In 2015

by | 01.05.2016 | 12:20pm

Equibase, LLC released its year-end report on economic indicators in Thoroughbred racing. From 2014 to 2015, wagering on U.S. races increased, up by 1.18%, while purses declined by 1.62%. The number of race days in the U.S. fell to 4,754 in 2015, a drop of 4.40%.

The increase marked the first year-end gain since 2012 and it was just the second time since 2006 that annual handle in the U.S. increased.

Alex Waldrop, president and CEO of the National Thoroughbred Racing Association, issued the following statement: “In addition to an overall increase in U.S. pari-mutuel wagering in 2015, Thoroughbred racing also realized healthy increases in wagering per race (+7.25 percent), purses per race (+4.27 percent) and starters per race (+1.8 percent). These are positive trends and a reflection of the fact that our sport continues to resonate with customers across North America and around the world when we present a competitive and compelling product.” 

Equibase's economic indicators show similar results in December 2015 from the same month in 2014. Total wagering for the month was up 8.09%, accounting for over $694 million. U.S. purses dropped just 0.57% in December 2015, and the number of race days declined by 2.09% from December of 2014.

Charts Courtesy Equibase

 YTD 2015 vs. YTD 2014
Indicator YTD 2015 YTD 2014 % Change
Wagering on U.S. Races* $10,676,223,640 $10,551,219,302 +1.18%
U.S. Purses $1,093,667,566 $1,111,714,495 -1.62%
U.S. Race Days 4,754 4,973 -4.40%
U.S. Races 38,942 41,276 -5.65%
U.S. Starts 305,787 318,242 -3.91%
 4th QTR 2015 vs. 4th QTR 2014
Indicator 4th QTR 2015 4th QTR 2014 % Change
Wagering on U.S. Races* $2,373,298,471 $2,318,348,411 +2.37%
U.S. Purses $262,135,010 $265,254,878 -1.18%
U.S. Race Days 976 1,059 -7.84%
U.S. Races 8,213 8,914 -7.86%
U.S. Starts 69,172 73,697 -6.14%
 December 2015 vs. December 2014
Indicator December 2015 December 2014 % Change
Wagering on U.S. Races* $694,167,064 $642,209,289 +8.09%
U.S. Purses $57,927,847 $58,258,720 -0.57%
U.S. Race Days 281 287 -2.09%
U.S. Races 2,365 2,427 -2.55%
U.S. Starts 20,419 20,634 -1.04%

 

* Includes worldwide commingled wagering on U.S. races.

 

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