A good sign for racing…
Decline in U.S. handle slows in July
The slide in wagering on horse races held at U.S. racetracks decelerated significantly during the month of July, falling only 2.9 percent compared with wagering in July of last year, according to figures released by Equibase on Thursday.The slight decline in wagering was accompanied by a 6.7 percent decline in race dates, meaning that handle per racing day actually increased in July compared with the same month last year, a welcome sign for an industry that has been weathering month-to-month betting declines for three years. For July, average handle per race day was $1,699,391, a 4.1 percent increase over average handle per race day of $1,632,793.
Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology
Posted on August 5, 2011 in Uncategorized Comments are off