Equibase, LLC released its year-end report on economic indicators in Thoroughbred racing. From 2013 to 2014, wagering on U.S. races declined, down by 2.84%, while purses declined by 1.37%. The number of race days in the U.S. fell to 4,973 in 2014, 141 less than in the previous year, a drop of 2.76%.
Equibase's economic indicators show a greater change in December 2014 from the same month in 2013. Total wagering for the month dropped 9.07%, accounting for over $64 million. U.S. purses dropped 12.43% in December 2014, and the number of race days declined by 11.58% from December of 2013.
Charts Courtesy Equibase
|YTD 2014 vs. YTD 2013|
|Indicator||YTD 2014||YTD 2013||% Change|
|Wagering on U.S. Races*||$10,552,214,930||$10,860,918,711||-2.84%|
|U.S. Race Days||4,973||5,114||-2.76%|
|December 2014 vs. December 2013|
|Indicator||December 2014||December 2013||% Change|
|Wagering on U.S. Races*||$642,243,496||$706,303,954||-9.07%|
|U.S. Race Days||287||323||-11.15%|
* Includes worldwide commingled wagering on U.S. races.
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