racing’s economic indicators

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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Wagering On US Races Drops Four Percent In May

While this year’s numbers are still up two percent over the first five months in 2015, wagering just in the month of May was down four percent, according to recent figures released by Equibase. Wagering in May added up to $1,219,536,873, as compared to the 2015 figure of $1,269,632,905, a decline of 3.95 percent; this […]

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Economic Indicators For July Show Across-The-Board Increases

Racing showed an increase in wagering, purses, and race days during the month of July as compared with July 2014, according to the racing economic indicators released by Wednesday by Equibase. Year-to-date figures were down, however. Wagering in the U.S. was up 1.41% in 2015 as compared with the same month last year. Year-to-date figures […]

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Economic Indicators Show Declines For February

Several categories showed declines during the month of February in the racing economic indicators. As compared with February 2014, four of the categories, including wagering, attendance, and race dates fell. An increase was only shown in the number of starts. Wagering in the U.S. was down 3.66% in 2015 as compared with the same month […]

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Harness Wagering, Purses Saw Increases in 2013

Days after the Thoroughbred industry announced another flat year for wagering and purses in 2013, the United States Trotting Association announced that Standardbred racing has seen an increase in both areas in the last year. The total wagering on harness racing at U.S. tracks in 2013 surpassed $1.6 billion and represented more than a six […]

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Economic Indicators Show Little Change in July

Thoroughbred Racing Economic Indicators released on Sunday noted relatively little change in wagering, purses, and race days between June and July of this year, or between July 2012 and July 2013. The number of race days took the biggest percentage dip from June to July, dropping 2.87 percent, while wagering was up .2 percent. Between […]

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Racing Economic Indicators Steady in April, Down for 2013

Although wagering on U.S. races was relatively steady (up .39 percent) for the month of April, Equibase reports that the year-to-date indicators are down slightly for the same period in 2012. Wagering on U.S. races is down 2.04 percent, while both purses and race days are down about 3 and 4 percent respectively. Purses for […]

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Indicators for June show increases in wagering, purses year-to-date over 2011

There were increases across the board during the month of June in all categories of racing economic indicators. Wagering in the U.S. was up 6.99% in 2012 as compared with the same month in 2011. Year-to-date wagering numbers also increased by 2.38%. Purses for June 2012 were up 13.10% as compared with June 2011, while […]

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US handle per race day up in January 2012 compared to 2011

Wagering on US races in January declined 1.1% compared to January of last year according to the following figures released by Equibase. Race days for the month declined 4.55% over last year’s figure, indicating that handle per race day rose compared to the same period last year.EQUIBASE MEDIA ADVISORY THOROUGHBRED RACING ECONOMIC INDICATORS For January […]

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U.S. purses rise, but wagering declines in November

(The following information was provided by Equibase) THOROUGHBRED RACING ECONOMIC INDICATORSFOR NOVEMBER 2011 November 2011 vs. November 2010 Indicator Nov-11 Nov-10 % Change Wagering on U.S. Races* $874,386,107 $905,848,904 -3.47% U.S. Purses $101,876,670 $95,522,074 6.65% U.S. Race Days 392 375 4.53% YTD 2011 vs. YTD 2010 Indicator YTD 2011 YTD 2010 % Change Wagering on […]

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