Economic Indicators for September Show Across-the-Board Declines

by | 10.04.2014 | 5:07pm

Total wagering, purses, and race dates in the U.S. this September were all down from their 2013 levels, according to economic indicators released on Saturday by Equibase. Statistics for the third quarter of 2014 also show declines from the third quarter of 2013.

National wagering this September suffered a 10.55% decline from last year's total, purses were down 5.73%, and there were 6.12 percent fewer race dates in September 2014 than there were twelve months previous. Total U.S. races and starts also were down from last year's levels.

Third quarter economic indicators also show declines in all categories. Total wagering declined 4.15% from the third quarter of 2013, and race days were down 3.05%.

In addition to September and third quarter statistics, year-to-date economic indicators show across-the-board declines this year from 2013.

Chart courtesy of Equibase

September 2014 vs. September 2013

Indicator
September 2014
September 2013
% Change
Wagering on U.S. Races*
$693,548,821
$775,340,152
-10.55%
U.S. Purses
$104,709,785
$111,075,003
-5.73%
U.S. Race Days
445
474
-6.12%
U.S. Races
3,706
3,978
-6.84%
U.S. Starts
28,532
30,922
-7.73%

3rd QTR 2014 vs. 3rd QTR 2013

Indicator
3rd QTR 2014
3rd QTR 2013
% Change
Wagering on U.S. Races*
$2,725,670,540
$2,843,744,671
-4.15%
U.S. Purses
$333,055,700
$344,460,948
-3.31%
U.S. Race Days
1,528
1,576
-3.05%
U.S. Races
12,394
12,949
-4.29%
U.S. Starts
94,317
99,536
-5.24%

YTD 2014 vs. YTD 2013

Indicator
YTD 2014
YTD 2013
% Change
Wagering on U.S. Races*
$8,235,169,847
$8,449,302,949
-2.53%
U.S. Purses
$846,451,248
$859,844,115
-1.56%
U.S. Race Days
3,914
4,007
-2.32%
U.S. Races
32,363
33,755
-4.12%
U.S. Starts
244,549
261,987
-6.66%

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

  • Scott Goddard

    and the band plays on…

  • Steve

    Wonder what the horsemen think on this subject?wonder why they’re never asked?

    • jack

      over-inflated purses with small fields….they’re loving it. If you would have substituted “the horsemen” with “the gambler”, your point would have made a lot of sense.

      • kyle

        I hope he means why they are never asked to account because more than any group they drive this train wreck.

        • Steve

          Bingo!

  • davidinD

    Does anyone know how year over year wagering on other sports are doing? I’d be curious to know whether other professional sports betting is also in decline? Does anyone on this strand know?

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