Thoroughbred Racing Economic Indicators for August Announced

[Wandering Eyes]

Editor’s Note: As a service to the industry and in consideration of the economic changes due to the COVID-19 outbreak, Equibase is currently providing monthly reporting of its Economic Indicators Advisories. The Advisory is typically disseminated on a quarterly basis to provide key metrics used to measure racing’s performance throughout the year.

* Includes worldwide commingled wagering on U.S. races.

August 2020 vs. August 2019

Indicator                                              August 2020         August 2019             % Change

Wagering on U.S. Races*                  $1,154,522,663     $1,177,165,980          -1.92%

U.S. Purses                                        $104,515,752        $128,293,370             -18.53%

U.S. Race Days                                  445                       515                             -13.59%

U.S. Races                                         3,607                    4,026                           -10.41%

U.S. Starts                                         26,964                  28,895                         -6.68%

Average Field Size                            7.48                      7.18                             +4.16%

Average Wagering Per Race Day    $2,594,433         $2,285,759                    +13.50%

Average Purses Per Race Day        $234,867            $249,113                        -5.72%

 

YTD 2020 vs. YTD 2019

Indicator                                                 YTD 2020                   YTD 2019           % Change

Wagering on U.S. Races*                      $7,308,988,910        $7,792,183,885      -6.20%

U.S. Purses                                             $518,901,054           $775,638,076         -33.10%

U.S. Race Days                                       2,144                        3,103                      -30.91%

U.S. Races                                              17,793                      25,225                    -29.46%

U.S. Starts                                              140,022                    185,746                   -24.62%

Average Field Size                                 7.87                          7.36                         +6.87%

Average Wagering Per Race Day         $3,409,043               $2,511,178               +35.75%

Average Purses Per Race Day             $242,025                  $249,964                  -3.18%

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