By Newswriter — Taking a look at business in the new year, the trend is not favorable. Check out these 2023 trends and riddle me this: What’s wrong with this picture?
January 2023 vs. January 2022
Indicator January 2023 January 2022 % Change
Wagering on U.S. Races* $874,180,855 $941,934,680 -7.19%
U.S. Purses $90,069,945 $82,102,162 +9.70%
U.S. Race Days 265 259 +2.32%
U.S. Races 2,280 2,186 +4.30%
U.S. Starts 17,619 16,949 +3.95%
Average Field Size 7.73 7.75 -0.33%
Average Wagering Per Race Day $3,298,796 $3,636,813 -9.29%
Average Purses Per Race Day $339,887 $316,997 +7.22%
* Includes worldwide commingled wagering on U.S. races.
FIGURES COURTESY OF EQUIBASE