Economic Indicators: U.S. Wagering, Purses, Rise In February

by | 03.04.2016 | 1:57pm

Total wagering increased and purses were higher in the U.S. in February, while race days and starts were down slightly from their 2015 levels, according to economic indicators released on Friday by Equibase.

Wagering in the U.S. was up 6.43% in 2016 as compared with the same month last year. Year-to-date figures were also up, 4.26%

Purses for February 2016 were also up, 2.38% as compared with 2015, while year-to-date they were down slightly, 1.24%.

The number of race days decreased this year, down 4.69%, compared to February 2015. Year-to-date, race days dropped 6.52%.

The number of races in the U.S. also declined, down 2.31%; year-to-date figures showed a decline of 4.28%.

Lastly, the number of starts in February 2016 showed a slight decline, down 0.63%; year-to-date figures were also down, 2.58%.

Charts Courtesy Equibase

February 2016 vs. February 2015
Indicator February 2016 February 2015 % Change
Wagering on U.S. Races* $812,868,874 $763,762,376 +6.43%
U.S. Purses $62,301,741 $60,855,500 +2.38%
U.S. Race Days 264 277 -4.69%
U.S. Races 2,287 2,341 -2.31%
U.S. Starts 18,852 18,972 -0.63%
YTD 2016 vs. YTD 2015
Indicator YTD 2016 YTD 2015 % Change
Wagering on U.S. Races* $1,643,395,765 $1,576,225,722 +4.26%
U.S. Purses $125,312,229 $126,882,244 -1.24%
U.S. Race Days 545 583 -6.52%
U.S. Races 4,679 4,888 -4.28%
U.S. Starts 39,108 40,144 -2.58%

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

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