Equibase Thoroughbred Racing Economic Indicators For May 2020

June 19, 2020


Editor’s Note: As a service to the horse racing 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

IndicatorMay 2020May 2019% Change
Wagering on U.S. Thoroughbred Races*$908,504,654$1,300,923,869-30.16%
U.S. Purses$31,971,002$115,776,828-72.39%
U.S. Race Days123450-72.67%
U.S. Races1,0593,650-70.99%
U.S. Starts9,14525,955-64.77%
Average Field Size8.647.11+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

IndicatorYTD 2020YTD 2019% Change
Wagering on U.S. Thoroughbred 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 Days1,0011,605-37.63%
U.S. Races8,42113,552-37.86%
U.S. Starts67,928102,513-33.74%
Average Field Size8.077.56+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%


Notes:

* Includes worldwide commingled wagering on U.S. horse racing.

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@jonathanstettin great read as always!

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