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Article: Horse racing wagering down; purses, race days jump in September

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Horse racing wagering down; purses, race days jump in September
http://fhiers.blogs.ocala.com/11221/horse-racing-wagering-down-purses-race-days-jump-in-september/

North American wagering on horse racing continued it downward cycle in September, but purses and racing days posted healthy increases, according to figured released Tuesday by the Equibase News Service.

Wagering dropped 6.30 percent from last September to $774,455,017 from $826,554,417.

But purses jumped by 6.82 percent to $94,537,675 from $88,504,666. The jump puts purses year-to-date in the positive range, up .60 percent from 2010.

Race days increased 3.35 percent with 493 days this September, compared to 477 last year.

Year-to-date, wagering is down 7.57 percent from $8,960,132,892 in 2010 to $8,281,890,973. Race days are also down a combined 5.24 percent from 4,315 race days in 2010 to 4,089 this year.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

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