Thoroughbred Racing Economic Indicators: For May 2020
Editor’s Note: As a service to the industry and in consideration of the rapid 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.
May 2020 vs. May 2019 | |||
Indicator | May 2020 | May 2019 | % Change |
Wagering on U.S. Races* | $908,504,654 | $1,300,923,869 | -30.16% |
U.S. Purses | $31,971,002 | $115,776,828 | -72.39% |
U.S. Race Days | 123 | 450 | -72.67% |
U.S. Races | 1,059 | 3,650 | -70.99% |
U.S. Starts | 9,145 | 25,955 | -64.77% |
Average Field Size | 8.64 | 7.11 | +21.44% |
Average Wagering Per Race Day | $7,386,217 | $2,890,942 | +155.50% |
Average Purses Per Race Day | $259,927 | $257,282 | +1.03% |
YTD 2020 vs. YTD 2019 | |||
Indicator | YTD 2020 | YTD 2019 | % Change |
Wagering on U.S. Races* | $4,057,074,219 | $4,681,850,887 | -13.34% |
U.S. Purses | $254,693,053 | $428,807,298 | -40.60% |
U.S. Race Days | 1,001 | 1,605 | -37.63% |
U.S. Races | 8,421 | 13,552 | -37.86% |
U.S. Starts | 67,928 | 102,513 | -33.74% |
Average Field Size | 8.07 | 7.56 | +6.64% |
Average Wagering Per Race Day | $4,053,021 | $2,917,041 | +38.94% |
Average Purses Per Race Day | $254,439 | $267,170 | -4.77% |
* Includes worldwide commingled wagering on U.S. races.
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