Economic Indicators for July Show Across-the-Board Declines

by | 08.04.2014 | 12:20pm

There were across the board declines during the month of July in the racing economic indicators. As compared with July 2013, all three categories-wagering, attendance, and race dates fell.

Wagering in the U.S. was down 3.47% in 2014 as compared with the same month last year. Year-to-date figures were also down, 1.96%.

Purses for July 2014 fell 5.67% as compared with 2013, while year-to-date they decreased 1.31%.

The number of race days decreased this year, down 2.45%, compared to July 2013. Year-to-date, race days dropped 1.96%.

Chart Courtesy Equibase

July 2014 vs. July 2013

Indicator July 2014 July 2013 % Change
Wagering on U.S. Races* $891,333,737 $923,357,487 -3.47%
U.S. Purses $103,592,533 $109,823,081 -5.67%
U.S. Race Days 517 530 -2.45%

YTD 2014 vs. YTD 2013

Indicator YTD 2014 YTD 2013 % Change
Wagering on U.S. Races* $6,400,833,040 $6,528,915,765 -1.96%
U.S. Purses $616,986,501 $625,206,248 -1.31%
U.S. Race Days 2,903 2,961 -1.96%

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

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