Wagering Down Slightly in June from 2020

Coady

Wagering on U.S. races has dipped slightly from $998,331,984 in 2020 to $993,147,243 this season, according to the Thoroughbred Racing Economic Indicators released by Equibase Tuesday. The drop represents a 0.52% change over a year ago. Conversely, wagering rose 0.22% from pre-COVID-19 figures in 2019 when $990,923,384 was wagering during the month of June. In 2021, purses rose 49.17% to $103,624,634 from last year as did race days which increased to 437 from 300 in 2020. Purse figures for the comparable time frame in 2019 were $115,194,83, with 499 race days conducted in June of that year. Also up over last year, 3,413 races were contested in the U.S. (+37.34%) as was number of starts, rising 18.49% to 23,870. Average purse size fell 13.73% to 6.99 last month, while average wagering per race day tumbled 31.71% to $2,272,648. Average purses per race day increased by 2.4% to $237,127.

Generally speaking, the year-to-date figures showed increases, including U.S. wagering rising 24.20% to $6,277, 894,486 and U.S. purses rising 58.85% to $514,950,882. Also showing big gains from 2020 to 2021, U.S. race days rose 44.58% to 1,881 and U.S. race days increasing to 15,792 from 10,906 in 2020. Average field size fell to 7.43 from 8.08, while average wagering per race day also dipped to $3,337,530 from $3,885,109.

Not a subscriber? Click here to sign up for the daily PDF or alerts.

Copy Article Link

Liked this article? Read more like this.

  1. Equibase And Stable Analytics Partner To Transform Thoroughbred Wearable Technology
  2. Different Slicing of Takeout Pie Could Equate to a Way for Tracks to 'Have Your Cake and Eat It Too'
  3. November Economic Indicators, Wagering And Purses Rise
  4. Fewer Races Lead To Lower Numbers In October Economic Indicators
  5. Future Stars Friday Posts Second-Highest Friday Handle Ever For Breeders' Cup
X

Never miss another story from the TDN

Click Here to sign up for a free subscription.