US horse racing wagers down just 1 percent in 2020

5 January 2021

(PRESS RELEASE) -- Despite the COVID-19 pandemic that caused shutdowns to most racetracks in the spring of 2020 and overall economic conditions largely not seen since the Great Depression, wagering on U.S. Thoroughbred races was essentially flat in 2020, while wagering per race day showed a large spike.

A total of $10,925,226,444 was bet in 2020, down just 0.98% from the sum of $11,033,824,363 wagered in 2019. The number of race days dropped 25.38% to 3,302 from 4,425 in 2019, meaning average handle per race day was up an eye-popping 32.69%, from $2,493,520 to $3,308,669 in 2020. A total of 27,700 races were conducted, down 23.50% from 36,207 in 2019.

Field size also rose in 2020, from 7.53 starters per race to 7.94, a significant uptick of 5.51%. Purses dropped all the way from from $1,167,920,667 in 2019 to $869,774,080 in 2020, a 25.53% decrease, however average purses per race day were essentially flat, going from $263,937 in 2019 to $263,408 in 2020.

Related Links
Ranked Online Sportsbooks
American Online Gambling
Equibase Company Gaming Vendor Information

Featured Vendors
Oklahoma Indian Gaming Association (OIGA) Conference
Sunkist Graphics, Inc.
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: August 12-14, 2024 Oklahoma City
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
AmericanChecked
Players Pal
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Players Pal
Revolutionize the way you connect with your casino players with the Players Pal mobile app
Regulatory Management Counselors, PC
Top One Tech Limited
Regulatory Management Counselors, PC
Over 45 years of experience serving the legal and regulatory needs of casino industry clients
Top One Tech Limited
Global Touch solution partner of choice, 10+ years OEM manufacturing, 100,000+ units application
Betson Imperial Parts & Service
Dable Advisory & Consulting Services
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Dable Advisory & Consulting Services
Advisory & consulting services services for Indigenous entrepreneurs, businesses & organizations
Rymax Marketing Services, Inc.
TribalHub
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
TribalHub
25th Annual TribalNet Conference Sept 16-19, 2024 Westgate Las Vegas
Talisman Group Creators of EZ Baccarat
Casino Schedule Ease
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
Casino Schedule Ease
Full Featured & customizable for the complex scheduling needs of table games & other casino depts
Casino City Press
Imagine This
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
Shenzhen ZhengYuanTai Technology Co., Ltd.
Texas Slots & Gaming
Shenzhen ZhengYuanTai Technology Co., Ltd.
14 years experienced gaming display manufacturer: open frame, curved, and halo monitors
Texas Slots & Gaming
Wholesale gaming reimagined. Texas Slots & Gaming is your sustainable gaming partner.
Slot Machines Unlimited
Casino Network
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands


Your Guide to 14,943 Gaming Industry Suppliers