Anne M. Eberhardt

Wagering Continues Declining Trends

Wagering on United States Thoroughbred racing in the first four months of the year.

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.