Commingled pari-mutuel handle on United States races in February was up 6.43% from the same month in 2015, according to the Thoroughbred Racing Economic Indicators released by Equibase March 4.
The increase came despite a 4.69% reduction in race days to 264. The number of races was down 2.31% from 2,341 in February 2015 to 2,287.
Handle totaled $812,868,874 in February versus $763,762,376 for the same month last year. Average handle per race increased 4.72% to $272,241.
Total purses of $62,301,741 represented a 2.38% increase from last February.
For the first two months of 2016, wagering on U.S. races totaled $1,643,395,765, up 4.26% from $1,576,225,722 for the same period last year. Purses were down 1.24% to $125,312,229 and race days down 6.52% to 545.
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Thoroughbred Racing Economic Indicators |
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|
February 2016 vs. February 2015 |
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|
Indicator |
February 2016 |
February 2015 |
% Change |
|
Wagering on U.S. Races* |
$812,868,874 |
$763,762,376 |
+6.43% |
|
U.S. Purses |
$62,301,741 |
$60,855,500 |
+2.38% |
|
U.S. Race Days |
264 |
277 |
-4.69% |
|
U.S. Races |
2,287 |
2,341 |
-2.31% |
|
U.S. Starts |
18,852 |
18,972 |
-0.63% |
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YTD 2016 vs. YTD 2015 |
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|
Indicator |
YTD 2016 |
YTD 2015 |
% Change |
|
Wagering on U.S. Races* |
$1,643,395,765 |
$1,576,225,722 |
+4.26% |
|
U.S. Purses |
$125,312,229 |
$126,882,244 |
-1.24% |
|
U.S. Race Days |
545 |
583 |
-6.52% |
|
U.S. Races |
4,679 |
4,888 |
-4.28% |
|
U.S. Starts |
39,108 |
40,144 |
-2.58% |
| * Includes worldwide commingled wagering on U.S. races. | |||
