Easter Indy wins the 2016 Downthedustyroad Breeders' Stakes.

Easter Indy wins the 2016 Downthedustyroad Breeders' Stakes.

Coady Photography

Total Handle, Purses Up in February

For first two months of 2016, wagering up 4.26% from same period last year.

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.

Thoroughbred Racing Economic Indicators
for February 2016

February 2016 vs. February 2015

 

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%

 

YTD 2016 vs. YTD 2015

 

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.