Equibase

Wagering and Purses Up Despite Fewer Races in October 2021

Equibase has released the economic indicators for the month of October and year-to-date, as well as the same statistics for October of 2020 and January through October of 2020 for comparison. THOROUGHBRED RACING ECONOMIC INDICATORS FOR OCTOBER 2021 Indicator                           Oct. 2021            Oct. 2020            % Change Wagering/U.S. Races             $950,624,087     $929,063,211           +2.32% U.S. Purses                       $107,844,038      $90,904,717            +18.63% U.S. Race Days                328                        340                           -3.53% U.S. Races                        2,748                    2,852                        -3.65% U.S. Starts                         20,750                  22,410                       -7.41% Avg. Field Size                 7.55                       7.86                           -3.90% Avg. Wagering/Day       $2,898,244          $2,732,539               +6.06% Avg. Purses/Day            $328,793              $267,367                  +22.97%   YTD 2021...

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Free Equibase Past Performances for 1/ST Tracks for Remainder of Year

Equibase Premium Past Performances for all racing cards at Santa Anita Park, Gulfstream Park, Laurel Park and Golden Gate Fields will be available through the end of the year for free effective immediately, 1/ST Racing announced Monday. The fan-friendly initiative provides the ability to unlock the data for all 1/ST races without a signup or membership fee. The free Equibase Premium Past Performances will be available online at XBTV.com. "This is an important innovation for Thoroughbred racing since most sports make their statistical information available for free," said Aidan Butler,...

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Equibase Adds GPS Data to Charts

Equibase Company will add data generated from global positioning satellite (GPS) systems to result charts. During a race, the GPS system collects a comprehensive data set every half second for every horse in the race. Found next to the traditional result charts for each track utilizing the automated tracking technology, the GPS-enabled charts will show this data at the traditional points of call, as well as at one-sixteenth-mile intervals. Data such as each horse's sectional and cumulative time, average speed, number of strides, average stride length, and average strides per...

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Wagering in 2021 Remains Robust

According to figures released Tuesday by Equibase, through the first three-quarters of 2021 wagering on U.S. horse racing is up 13.8% over 2020 totals. At the end of September, $9,498,141,414 had been wagered on the sport, a sizeable increase over the comparable figure of 2020 when $8,346,543,422 had been bet. With a strong final quarter, the amount bet on U.S. racing for the year could top $12 billion. That would be the most bet during a year since $11.4 billion was wagered in 2010. The record for most wagered in...

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Wagering Figures Up from 2020

Wagering on U.S. races through the first eight months of the year is up 17.51% over the same period in 2020, with $8,585,662,502 wagered on races in the country through August compared to $7,306,542,949 in 2020, according to figures released Sunday by Equibase. Purses rose 44.77%, from $518,929,044 in 2020 to $751,230,068 this year, while race dates increased from 2,144 to 2,781 and number of races increased from 17,794 to 22,862. During the month of August, a total of $1,206,119,197 was wagered on 455 race days and 3,539 races in...

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Wagering Down Slightly in June from 2020

Wagering on U.S. races has dipped slightly from $998,331,984 in 2020 to $993,147,243 this season, according to the Thoroughbred Racing Economic Indicators released by Equibase Tuesday. The drop represents a 0.52% change over a year ago. Conversely, wagering rose 0.22% from pre-COVID-19 figures in 2019 when $990,923,384 was wagering during the month of June. In 2021, purses rose 49.17% to $103,624,634 from last year as did race days which increased to 437 from 300 in 2020. Purse figures for the comparable time frame in 2019 were $115,194,83, with 499 race...

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Sinatra Named Equibase President

Sal Sinatra has been named the next president of Equibase Company LLC by the Equibase Management Committee, effective June 21. Sinatra succeeds Jason Wilson, who departed Equibase to join The Stronach Group this past April. Sinatra, who completed a double major in Mathematics and Statistics from Rutgers, was an assistant clerk at the Daily Racing Form and in 1985, he became a racing official at Monmouth Park and the Meadowlands. He was also the assistant racing secretary at Beulah Park in Ohio. Between 1990 and 1999, Sinatra was president and...

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Wagering, Purses Up Significantly in Q1 2021

According to statistics released Monday by Equibase, daily average wagering and average purses per race day each saw significant increases in the period from Jan. 31-Mar. 31, 2021 when compared to the same time frame in 2020. Total wagering in the three-month period was reported at $2.776 billion, an increase of 10.27% over last year, with daily average wagering at $3,611,092, which represented a 14.15% improvement from 12 months ago. Nearly $215 million in purses were disbursed from January through March, some 4.6% better than last year, with several tracks...

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Jason Wilson Appointed COO of 1/ST CONTENT

1/ST CONTENT, the operating group for all of 1/ST's media and content companies, announced the appointment of Jason Wilson as Chief Operating Officer. Wilson will work directly with Aidan Butler, President, 1/ST CONTENT, to further develop and align the company's North American and international content businesses. He will focus on innovating Thoroughbred racing content programs and building competitive customer platforms. "I am thrilled to have Jason, a well-known and knowledgeable industry executive who shares our vision for the future of our sport, as part of the 1/ST team," said Butler....

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U.S. Handle Declines 6.8% in February

Wagering on U.S. races totaled $840,059,258 in February, a decrease of 6.79% from the $901,272,610 wagered in February 2020, according to figures released Thursday by Equibase. Race days declined from 296 in February 2020 to 219 last month and number of races fell from 2,477 to 1,928 from 2,477. Average wagering per day rose 25.98% from $3,044,840 a year ago to $3,835,887. U.S. purses fell 19.70% to $62,100,791 during the month, while average purses per day rose 8.53% from $261,272 to $283,565. During the first two months of the year,...

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U.S. Handle Up 9.5% in January

With $959,602,269 wagered, total all-sources handle for the sport rose by 9.57% in January, according to figures released Thursday by Equibase. The January numbers reflected a fairly seamless comparison between January 2021 and January 2020 because the racing schedules for both months were not impacted by the coronavirus. There were 2,211 races run this year, only a slight drop from the 2020 number of 2,352. Based on the amount wagered per race day, the industry saw an increase of 21.6 %. Comparing figures during most of 2020 was particularly difficult...

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Problems Persist with Gmax Timing System

Despite a press release in late August from Equibase in which the company announced it would be conducting an "extensive analysis" of its Gmax timing system, the technology has continued to produce a number of inaccurate times at the racetracks it services. The TDN has found recent examples from Del Mar, Tampa Bay Downs and Penn National that show there were problems with the Gmax timing of the races. Gmax, which is operated in the U.S. by Equibase, relies on Global Positioning System (GPS) to record times, as well as...

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