Following a 4.8% decline in total race days during the month of September, total wagering on U.S. racing fell 2.09% during the month but the daily average handle increased 2.8%.
The Equibase Company's Thoroughbred racing economic indicators released Oct. 4 show that all-sources wagering on U.S. racing totaled $777,628,625 last month, down from $794,252,045 a year ago. The number of race days fell to 476 from 500, resulting in average race day handle of $1,633,674, compared with a $1,588,504 average in September 2013.
Despite the overall handle decline, purses for the month rose 2.87% to $110,958,980.
For the first three quarters of 2013, total U.S. handle is down nominally, U.S. race days have declined 2.93% and purses are almost even with the same period a year ago.
| Thoroughbred Racing Economic Indicators For September 2013 | |||
|
September 2013 vs. September 2012
|
|||
Indicator |
September 2013 |
September 2012 |
% Change |
|
Wagering on U.S. Races* |
$777,628,625 |
$794,252,045 |
-2.09% |
|
U.S. Purses |
$110,958,980 |
$107,858,221 |
2.87% |
|
U.S. Race Days |
476 |
500 |
-4.80% |
|
YTD 2013 vs. YTD 2012
|
|||
Indicator |
YTD 2013 |
YTD 2012 |
% Change |
|
Wagering on U.S. Races* |
$8,464,689,384 |
$8,473,820,471 |
-0.11% |
|
U.S. Purses |
$857,863,655 |
$855,322,785 |
0.30% |
|
U.S. Race Days |
4,040 |
4,162 |
-2.93% |
| * Includes worldwide commingled wagering on U.S. races. | |||
