Thoroughbred Racing Economic Indicators

From the Jockey Club – For May 2021

Editor’s Note: As a service to the industry and in consideration of the economic changes due to the COVID-19 pandemic, Equibase is continuing to provide 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 2021 vs. May 2020
Indicator May 2021 May 2020 % Change
Wagering on U.S. Races* $1,415,509,171 $908,333,874 +55.84%
U.S. Purses $106,723,865 $31,971,002 +233.81%
U.S. Race Days 398 123 +223.58%
U.S. Races 3,249 1,059 +206.80%
U.S. Starts 23,161 9,145 +153.26%
Average Field Size 7.13 8.64 -17.45%
Average Wagering Per Race Day $3,556,556 $7,384,828 -51.84%
Average Purses Per Race Day $268,150 $259,927 +3.16%

 

YTD 2021 vs. YTD 2020
Indicator

YTD 2021

YTD 2020 % Change
Wagering on U.S. Races* $5,284,716,622 $4,056,194,923 +30.29%
U.S. Purses $411,282,722 $254,699,053 +61.48%
U.S. Race Days 1,443 1,001 +44.16%
U.S. Races 12,376 8,421 +46.97%
U.S. Starts 93,411 67,928 +37.51%
Average Field Size 7.55 8.07 -6.43%
Average Wagering Per Race Day $3,662,312 $4,052,143 -9.62%
Average Purses Per Race Day $285,019 $254,445 +12.02%

 

2019 Comparisons:

May 2021 vs. May 2019
Indicator May 2021 May 2019 % Change
Wagering on U.S. Races* $1,415,509,171 $1,300,923,869 +8.81%
U.S. Purses $106,723,865 $115,776,828 -7.82%
U.S. Race Days 398 450 -11.56%
U.S. Races 3,249 3,650 -10.99%
U.S. Starts 23,161 25,955 -10.76%
Average Field Size 7.13 7.11 +0.25%
Average Wagering Per Race Day $3,556,556 $2,890,942 +23.02%
Average Purses Per Race Day $268,150 $257,282 +4.22%

 

YTD 2021 vs. YTD 2019

Indicator YTD 2021 YTD 2019 % Change
Wagering on U.S. Races* $5,284,716,622 $4,681,850,887 +12.88%
U.S. Purses $411,282,722 $428,807,298 -4.09%
U.S. Race Days 1,443 1,605 -10.09%
U.S. Races 12,376 13,552 -8.68%
U.S. Starts 93,411 102,513 -8.88%
Average Field Size 7.55 7.56 -0.22%
Average Wagering Per Race Day $3,662,312 $2,917,041 +25.55%
Average Purses Per Race Day $285,019 $267,170 +6.68%

 

  • Includes worldwide commingled wagering on U.S. races.
Visits: 178

No comments yet... Be the first to leave a reply!

Leave a Reply

%d bloggers like this: