U.S. racing

Racing a Pursuit of Passion For Chan

Racehorse owner Marc Chan saw his silks in the spotlight not once, but twice last week at Glorious Goodwood when Angel Bleu (Fr) (Dark Angel {Ire}) and Kinross (GB) (Kingman {GB}) supplied a significant Tuesday double in the G2 Vintage S. and G2 Lennox S. And while the rise of Chan--an owner in Britain for just a year--to the pinnacle of the sport seems to have happened suddenly, it is in fact the apex of a lifelong passion that was sparked when Chan started going to the races with his...

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Racing Economic Indicators: U.S. Wagering Down Marginally in November

Despite the rise in the COVID-19 infection rate in many states around the country, wagering on U.S. races managed to remain relatively stable, with only a slight dip from 2019 figures. A total of $895,325,220 was wagered last month, down 6.33% from November of 2019. Year-to-date figures decreased only 1.48% from $10,326,096,182 bet in 2019. Both figures include worldwide commingled wagering on U.S. races. In November, average wagering per race day jumped by 35.49% up to $3,996,998, while the year-to-date figure showed a similar pattern, rising by 33.78% to $3,310,512....

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Economic Indicators Down in May from 2019

The Thoroughbred Racing Economic indicators for the month of May released by Equibase Thursday reflected the effects of the coronavirus pandemic, which halted racing in March. Including worldwide commingled wagering on U.S. races, wagering was down 30.16% ($908,504,654) from May of 2019 (1,300,923,869). Other figures that showed marked decreases in 2020: • U.S. Purses - $31,971.002 (-72.39%) • U.S. Race days - 123 (-450) • U.S. Races - 1,059 (-70.99%) • U.S. Starts - 9,145 (-64.77%) Figures which showed increases over the corresponding period in 2019 included: Average Field Size,...

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