Racing Economic Numbers Down Overall

August 6, 2025

The start of the Whitney that generated record handle at Saratoga. (Chelsea Durand)

Equibase Release/Edited

With purses down almost 5% overall, the Thoroughbred Racing Economic Indicators for July look a bit bleak.

Race days dropped over 3% with races down over 4% and starts dropping over 6%.

All numbers were down with the exception of Average Wagering Per Race Day that increased over 2% from $2,514,789 to $2,571,489 a difference of $56,700. 

These statistics are on par with the year-to-date numbers that are also down with the exception of field size and Average Available Purses Per Race Day.

Thoroughbred Racing Economic Indicators For July 2025 

July 2025 vs. July 2024
IndicatorJuly 2025July 2024% Change
Wagering on U.S. Races*$951,450,828$963,164,058-1.22%
U.S. Purses (Available)$104,626,073$110,082,589-4.96%
U.S. Purses (Paid)$100,967,210$106,015,727-4.76%
U.S. Race Days370383-3.39%
U.S. Races2,9033,042-4.57%
U.S. Starts20,27621,651-6.35%
Average Field Size6.987.12-1.87%
Average Wagering Per Race Day$2,571,489$2,514,789+2.25%
Average Available Purses Per Race Day$282,773$287,422-1.62%
YTD 2025 vs. YTD 2024
IndicatorYTD 2025YTD 2024% Change
Wagering on U.S. Races*$6,737,934,638$6,914,682,270-2.56%
U.S. Purses (Available)$694,069,693$718,796,197-3.44%
U.S. Purses (Paid)$663,102,481$688,187,941-3.65%
U.S. Race Days2,0822,173-4.19%
U.S. Races17,07817,862-4.39%
U.S. Starts127,192131,853-3.53%
Average Field Size7.457.38+0.89%
Average Wagering Per Race Day$3,236,280$3,182,090+1.70%
Average Available Purses Per Race Day$333,367$330,785+0.78%

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

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