Wagering Continues Declining Trends

Wagering Continues Declining Trends
Photo: Anne M. Eberhardt

Wagering on United States Thoroughbred racing in the first four months of the year declined 9.5%, according to Equibase’s “Thoroughbred Racing Economic Indicators” released May 4.

Total world-wide commingled handle on U.S. racing through April 30 was $4,135,186,454 as compared to $4,570,734,497 of the same period a year ago. Wagering in April alone declined 10.1% to $1,027,885,851.

U.S. purses also fell 5.1% to $298,239,972 in the first four months of the year, including a 9.2% decline in April to $82,285,129.

April 2009 vs. April 2008

Indicator

April 2009

April 2008

% Change

Wagering on U.S. Races*

$1,027,885,851

$1,143,003,738

-10.07%

U.S. Purses

$82,285,129

$90,659,342

-9.24%

U.S. Race Days

442

448

-1.34%

 YTD 2009 vs. YTD 2008

Indicator

YTD 2009

YTD 2008

% Change

Wagering on U.S. Races*

$4,135,186,454

$4,570,734,497

-9.53%

U.S. Purses

$298,239,972

$314,315,150

-5.11%

U.S. Race Days

1,596

1,587

0.57%

* Includes world-wide commingled wagering on U.S. races.

 

 

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