Handle Through November Comparable to 2014
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Photo: Reed Palmer Photography, Churchill Downs
With one more month remaining in 2015, pari-mutuel wagering on U.S. races is up less than a percentage point compared with the first 11 months of 2014 and in that same time period purses are down 1.68%, according to Thoroughbred Racing Economic Indicators released Dec. 4 by Equibase.
Also released were economic indicators for November but they're not very useful because this year's Breeders' Cup World Championships Saturday was contested in October this year as opposed to November last year.
Looking at figures for the first 11 months of 2015, wagering on U.S. races is up 0.74% to $9,982,781,802 while purses have declined 1.68% to $1,035,760,058. Both of those figures have been impacted by reduced racing in the U.S. this year as race days are down 4.55% to 4,473, races are off 5.85% to 36,577, and starts are down 4.11% to 285,368.
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Thoroughbred Racing Economic Indicators
For November 2015 |
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November 2015 vs. November 2014 |
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Indicator |
November 2015 |
November 2014 |
% Change |
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Wagering on U.S. Races* |
$708,552,407 |
$851,787,578 |
-16.82% |
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U.S. Purses |
$81,045,927 |
$102,250,365 |
-20.74% |
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U.S. Race Days |
315 |
358 |
-12.01% |
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U.S. Races |
2,668 |
3,010 |
-11.36% |
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U.S. Starts |
22,503 |
24,712 |
-8.94% |
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YTD 2015 vs. YTD 2014 |
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Indicator |
YTD 2015 |
YTD 2014 |
% Change |
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Wagering on U.S. Races* |
$9,982,781,802 |
$9,909,010,013 |
+0.74% |
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U.S. Purses |
$1,035,760,058 |
$1,053,455,775 |
-1.68% |
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U.S. Race Days |
4,473 |
4,686 |
-4.55% |
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U.S. Races |
36,577 |
38,849 |
-5.85% |
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U.S. Starts |
285,368 |
297,608 |
-4.11% |
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* Includes worldwide commingled wagering on U.S. races.
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