U.S. Pari-Mutuel Wagering Up in 2015

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U.S. pari-mutuel wagering in 2015 increased 1.18% over 2014, according to figures released by Equibase Company in a statement Tuesday. It was the first year-over-year increase in U.S. wagering since 2012, and only the second annual increase since prior to “The Great Recession” in 2006.

“In addition to an overall increase in U.S. pari-mutuel wagering in 2015, Thoroughbred racing also realized healthy increases in wagering per race [+7.25%], purses per race [+4.27%] and starters per race [+1.8%],” commented Alex Waldrop, President and CEO of the National Thoroughbred Racing Association. “These are positive trends and a reflection of the fact that our sport continues to resonate with customers across North America and around the world when we present a competitive and compelling product.”

Wagering also saw a healthy 8.09% increase during the month of December when compared to 2014 figures. These gains come despite slight declines in purses and total race dates.

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