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Arcangelo winning the $1.5 million Belmont Stakes June 6, 2023. (Annise Montplaisir)
Thoroughbred Racing Economic Indicators For June and Second Quarter 2023
Equibase Information Release
Economic Indicators now include an additional metric for purse information. Aggregate purse information, which has historically been reported, includes all monies available to be paid out and is now denoted as “Purses (Available).” The additional metric represents the value of the race, the actual sum of all earnings paid out and is denoted as “Purses (Paid).”
| June 2023 vs. June 2022 | |||||
| Indicator | June 2023 | June 2022 | % Change | ||
| Wagering on U.S. Races* | $934,855,612 | $974,337,208 | -4.05% | ||
| U.S. Purses (Available) | $110,957,092 | $115,387,638 | -3.84% | ||
| U.S. Purses (Paid) | $107,230,717 | $110,913,314 | -3.32% | ||
| U.S. Race Days | 388 | 428 | -9.35% | ||
| U.S. Races | 3,061 | 3,355 | -8.76% | ||
| U.S. Starts | 21,521 | 23,258 | -7.47% | ||
| Average Field Size | 7.03 | 6.93 | +1.42% | ||
| Average Wagering Per Race Day | $2,409,422 | $2,276,489 | +5.84% | ||
| Average Available Purses Per Race Day | $285,972 | $259,143 | +10.35% | ||
| 2nd QTR 2023 vs. 2nd QTR 2022 | |||||
| Indicator | 2nd QTR 2023 | 2nd QTR 2022 | % Change | ||
| Wagering on U.S. Races* | $3,374,251,997 | $3,467,438,817 | -2.69% | ||
| U.S. Purses (Available) | $332,698,719 | $343,975,925 | -3.28% | ||
| U.S. Purses (Paid) | $320,777,855 | $331,096,968 | -3.12% | ||
| U.S. Race Days | 1,039 | 1,122 | -7.40% | ||
| U.S. Races | 8,437 | 9,102 | -7.31% | ||
| U.S. Starts | 60,826 | 63,868 | -4.76% | ||
| Average Field Size | 7.21 | 7.02 | +2.74% | ||
| Average Wagering Per Race Day | $3,247,596 | $3,090,409 | +5.09% | ||
| Average Available Purses Per Race Day | $320,211 | $295,095 | +8.51% | ||
| YTD 2023 vs. YTD 2022 | |||
| Indicator | YTD 2023 | YTD 2022 | % Change |
| Wagering on U.S. Races* | $6,074,478,517 | $6,262,619,225 | -3.00% |
| U.S. Purses (Available) | $598,797,368 | $588,728,263 | +1.71% |
| U.S. Purses (Paid) | $576,368,032 | $567,057,608 | +1.64% |
| U.S. Race Days | 1,861 | 1,929 | -3.53% |
| U.S. Races | 15,414 | 15,870 | -2.87% |
| U.S. Starts | 113,805 | 115,014 | -1.05% |
| Average Field Size | 7.38 | 7.25 | +1.88% |
| Average Wagering Per Race Day | $3,264,094 | $3,246,563 | +0.54% |
| Average Available Purses Per Race Day | $321,761 | $293,965 | +9.46% |
* Includes worldwide commingled wagering on U.S. races.
