Economic Indicators Show Across-the-Board Declines for 2014

by | 01.05.2015 | 1:10pm

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. Purses $1,111,767,029 $1,127,221,156 -1.37%
U.S. Race Days 4,973 5,114 -2.76%
U.S. Races 41,277 43,135 -4.31%
U.S. Starts 318,246 339,462 -6.25%

 

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. Purses $58,260,685 $66,530,394 -12.43%
U.S. Race Days 287 323 -11.15%
U.S. Races 2,427 2,745 -11.58%
U.S. Starts 20,634 22,847 -9.69%

 

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

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