U.S. Purses up over 3% First Quarter ‘23

April 7, 2023

Photo by Ernie Belmonte/Past The Wire, Collage by Past The Wire

Thoroughbred Racing Economic Indicators

For March and First Quarter 2023

March 2023 vs. March 2022
IndicatorMarch 2023March 2022% Change
Wagering on U.S. Races*$962,703,949$942,491,814+2.14%
U.S. Purses$94,783,996$86,833,249+9.16%
U.S. Race Days294291+1.03%
U.S. Races2,4692,423+1.90%
U.S. Starts18,46617,833+3.55%
Average Field Size7.487.36+1.62%
Average Wagering Per Race Day$3,274,503$3,238,803+1.10%
Average Purses Per Race Day$322,395$298,396+8.04%
1st QTR 2023 vs. 1st QTR 2022
Indicator1st QTR 20231st QTR 2022% Change
Wagering on U.S. Races*$2,700,226,520$2,795,180,408-3.40%
U.S. Purses$266,034,135$244,752,338+8.70%
U.S. Race Days822807+1.86%
U.S. Races6,9776,768+3.09%
U.S. Starts52,97951,146+3.58%
Average Field Size7.597.56+0.48%
Average Wagering Per Race Day$3,284,947$3,463,668-5.16%
Average Purses Per Race Day$323,643$303,287+6.71%

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

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