economic indicators

Wagering On U.S. Racing Dips 7% In June; Down 3% Year To Date

Wagering on U.S. races in June 2019 declined by 6.99%, leading to a 3.01% drop in the second quarter and a 3.22% slide for the first six months of the year compared to 2018. Statistics released by Equibase show a decline of $74.5 million in June – from $1,065,526,949 in 2018 to $991,001,055 in 2019 […]

Continue reading
U.S. Betting Handle Sees Continued Growth In Second Quarter

Wagering on horse racing in the U.S. continued to show an increase in June, the second quarter and year-over-year, based on statistics released Thursday by Equibase. The second quarter results came on the heels of positive numbers in the first quarter. Even though U.S. races, race days and starts declined by about 2 percent in […]

Continue reading
Paulick Report 7/5 News Minute Presented By Woodbine Racetrack

Find out what’s happened today in the world of horse racing with the Paulick Report News Minute. In today’s edition, Scott Jagow shares news from Keeneland’s sales company about changes to upcoming sales and the addition of a new auction. Plus, how the latest economic indicators look for racing, and the Paulick Report adds a […]

Continue reading
Economic Indicators: U.S. Wagering Increased In 2017, Despite Fewer Races, Race Days

Equibase, LLC released its year-end report on economic indicators in Thoroughbred racing. From 2016 to 2017, wagering on U.S. races increased, up by 1.59%, while purses declined by 0.37%. The number of race days in the U.S. fell to 4,573 in 2017, a drop of 2.06%; the number of races declined 1.71%. Equibase’s economic indicators […]

Continue reading
Economic Indicators: Breeders’ Cup, New Withholding Rules Help Boost Wagering, Purses For November

***Editor’s Note: Equibase normally releases the Thoroughbred Racing Economic Indicators on a quarterly basis. However, because of the new IRS regulations on withholding from winnings that began in late September, Equibase sent the November figures. Racing showed an increase in wagering and purses during the month of November, as compared with November 2016, according to […]

Continue reading
Economic Indicators: Wagering Ticks Up As Race Days, Number Of Races Drop

Wagering on races in the U.S. showed a modest increase first three months of 2017. According to the Thoroughbred Racing Economic Indicators released Wednesday by Equibase, wagering increased 3.67% to $2,948,806,926 in the third quarter of 2017, compared to the same three months of 2016. The average field size also crept up – just slightly at […]

Continue reading
Economic Indicators: Wagering Figures Increase In June; Purses, Race Days Decline

Total wagering increase in the U.S. in June, while purses, race days and starts were down slightly from their 2016 levels, according to economic indicators released Thursday by Equibase. Wagering in the U.S. was up 3.92% in 2017 as compared with June of last year. Year-to-date figures were also up slightly at 0.22% Purses for June 2017 showed a decrease, down 3.85% […]

Continue reading
Pegasus World Cup Helps Boost First Quarter Purses; Wagering Down Despite Increased Racing Days

The inaugural G1 Pegasus World Cup in January helped boost purses almost eight percent in the first three months of 2017. According to the Thoroughbred Racing Economic Indicators released Wednesday by Equibase, purses increased 7.76% to $212,670,977 in the first quarter of 2017, compared to the same three months of 2016. The number of racing days also increased, up 3.78% […]

Continue reading
Economic Indicators: U.S. Wagering Increased In 2016, Despite Fewer Races, Race Days

Equibase, LLC released its year-end report on economic indicators in Thoroughbred racing. From 2015 to 2016, wagering on U.S. races increased, up by 0.58%, while purses declined by 0.91%. The number of race days in the U.S. fell to 4,669 in 2016, a drop of 1.79%. Equibase’s economic indicators show similar results in December 2016 from […]

Continue reading
Economic Indicators: Comparative Figures Show Declines In Wagering, Purses

A November Breeders’ Cup in 2016 has made pari-mutuel handle and purse comparisons difficult, as Breeders’ Cup was held in October last year. By combining the pari-mutuel handle and purse dollars for both October and November, the comparative numbers paint a much clearer picture. Over the course of October and November, wagering on U.S. races […]

Continue reading
Twitter Twitter
Paulick Report on Instagram