economic indicators

Economic Indicators: Total Wagering Drops In April, But Daily Average Up Over 175 Percent

Equibase, LLC released its monthly report on Economic Indicators in Thoroughbred Racing this Tuesday, May 5. While the year-to-date wagering numbers were not as substantially affected, down just 6.87 percent, the coronavirus pandemic has continued to make its presence felt through the month of April. With just a handful of tracks across the country hosting […]

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Economic Indicators: Pandemic Sparks Dramatic Wagering Plunge In March

Equibase, LLC released its first quarter report on Economic Indicators in Thoroughbred Racing this Friday. While the overall quarter numbers were not as substantially affected, the worldwide coronavirus pandemic has made its presence felt through the month of March. Most tracks across the country have stopped racing altogether in the wake of the pandemic, leaving […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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% […]

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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% […]

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