Buoyed by an 11% increase in total commingled pari-mutuel handle for the Breeders' Cup World Championships, wagering on United States races improved 4.37% in November compared with the same month last year.
Total wagering improved to $905,786,453 despite a 2.11% decline in race days—individual race programs by track—to 371. November 2013 did benefit from five Saturdays in the month this year compared with four last year.
The improved November handle numbers follow a strong October in which wagering improved 8.3% compared with October 2012.
For the year, pari-mutuel handle on U.S. races is up 0.89% to $10,174,191,155. Last year handle improved 1% compared with 2011, ending a five-year run in which handle decreased each year.
For the month of November, purses improved 1.58% to $106,111,542 compared with November 2012. For the year, purses are up 0.43% to $1,057,264,192.
Thoroughbred Racing Economic Indicators For November 2013
November 2013 vs. November 2012
|Indicator||November 2013||November 2012||% Change|
|Wagering on U.S. Races*||$905,786,453||$867,892,112||4.37%|
|U.S. Race Days||371||379||-2.11%|
YTD 2013 vs. YTD 2012
|Indicator||YTD 2013||YTD 2012||% Change|
|Wagering on U.S. Races*||$10,174,191,155||$10,084,384,297||0.89%|
|U.S. Race Days||4,820||4,975||-3.12%|