ECONOMIC INDICATORS FOR JANUARY SHOW DROP IN WAGERING; PURSES UP

(Press Release) There were mixed signals during the month of January in the racing economic indicators. As compared with January 2013, both purses and racing dates increased. However, wagered showed a drop over the previous year.

Wagering in the U.S. was down 0.23% in 2014 as compared with the same month last year.

Purses for January 2014 showed an increase, up 1.35% as compared with 2013.

Even with inclement weather causing havoc along the east coast, racing days for the month were actually up, 4.45% as compared with January 2013.

Indicator

January 2014

January 2013

% Change

Wagering on U.S. Races*

$800,510,443

$802,318,825

-0.23%

U.S. Purses

$67,002,589

$66,107,076

+1.35%

U.S. Race Days

                          305

292

+4.45%

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

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