The Chosen Vron (#4) battling for the victory in the Grade 1 Bing Crosby at Del Mar. (Ernie Belmonte/Past The Wire)
Wagering on U.S. Races was down almost seven percent comparing July 2022 and July 2023. Handle was down over three and a half percent year-to-date.
Field size remains steady at an average of seven entries. However, the number of starts is down almost five percent compared to July 2022 and just under two percent year-to-date.
Thoroughbred Racing Economic Indicators
For July 2023
|July 2023 vs. July 2022|
|Indicator||July 2023||July 2022||% Change|
|Wagering on U.S. Races*||$1,067,688,807||$1,144,093,082||-6.68%|
|U.S. Purses (Available)||$123,332,940||$124,707,637||-1.10%|
|U.S. Purses (Paid)||$117,565,157||$120,554,125||-2.48%|
|U.S. Race Days||423||453||-6.62%|
|Average Field Size||7.05||6.94||+1.60%|
|Average Wagering Per Race Day||$2,524,087||$2,525,592||-0.06%|
|Average Available Purses Per Race Day||$291,567||$266,124||+9.56%|
|YTD 2023 vs. YTD 2022|
|Indicator||YTD 2023||YTD 2022||% Change|
|Wagering on U.S. Races*||$7,142,167,324||$7,406,712,307||-3.57%|
|U.S. Purses (Available)||$722,130,308||$713,435,900||+1.22%|
|U.S. Purses (Paid)||$693,924,397||$687,611,733||+0.92%|
|U.S. Race Days||2,284||2,382||-4.11%|
|Average Field Size||7.32||7.19||+1.85%|
|Average Wagering Per Race Day||$3,127,043||$3,109,451||+0.57%|
|Average Available Purses Per Race Day||$316,169||$288,670||+9.53%|
* Includes worldwide commingled wagering on U.S. races.