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Home USA

First quarter racing economic indicators

9 April 2022
in USA
by Harnesslink
0

Columbus, OH — Total wagering on U.S. harness races during the first quarter of 2022 from Jan. 1 through March 31 decreased by 9.99 percent from $390,607,850 last year to $351,575,572.

Average wagering per race and per betting interest also decreased by 10.55 percent from $64,308 to $57,522 and 6.57 percent from $7,818 to $7,304, respectively, during the first quarter of this year.

However, purses distributed during the first three months of 2022 increased by nearly $16 million to $66,607,300 compared to $50,751,275 a year ago, an increase of 31.24 percent.

In addition, there were more race days this year with 535 compared to 502 in 2021, a 6.57 percent increase.

ECONOMIC INDICATORS ON U.S. RACES – January – March – 2022 vs. 2021

 2022 vs 2021 – First Quarter – Jan. 1 through March 31

2022 2021 % Change
Total Wagered $351,575,572 $390,607,850 -9.99%
Per Race avg. $57,522 $64,308 -10.55%
Per Betting Interest $7,304 $7,818 -6.57%
Purses $66,607,300 $50,751,275 +31.24%
Race Days 535 502 +6.57%

Please note:  The information above includes U.S. and Canadian common and separate pool wagers on races contested in the U.S.

From the USTA Communications Department

Tags: United States Harness RacingUnited States Trotting Association
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