US Horse Racing 2021 Deal with Surpasses $12B, Highest in 12 Years

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Posted on: January 9, 2022, 03:19h. 

Final up to date on: January 9, 2022, 04:37h.

The US horse racing trade in 2021 loved its finest yr in additional than a decade, based on knowledge launched by Equibase on Wednesday.

Love on the Rocks
Love on the Rocks gallops to a win in a maiden race at Turfway Park in Florence, Ky., on Dec. 30. Horse racing loved a powerful 2021, as betting deal with surpassed $12 billion for the primary time in a dozen years. (Picture: Coady Pictures/Turfway Park/Twitter)

Greater than $12.2 billion was wagered on races throughout the nation final yr. Not solely was that an 11.9 p.c enhance from 2020’s whole deal with, it additionally marked the primary time in additional than a decade that betting exceeded $12 billion in a yr.

Horse racing returned to its regular schedule in 2021 after COVID-19 impacted the game in 2020. The Triple Crown races have been run on their ordinary dates and of their conventional order.

Each race days (4,072) and the variety of races (33,567) elevated by greater than 20 p.c from the earlier yr. That was aided by the truth that many massive tracks have been in a position to run full meets in 2021.

Tom Rooney, president and CEO of the Nationwide Thoroughbred Racing Affiliation (NTRA), mentioned in an announcement Wednesday that the trade confirmed its resiliency final yr.

We concluded the yr with vital development in purses and whole deal with of greater than $12 billion, the best since 2009,” Rooney mentioned. “We thank our prospects for his or her ongoing help as their wagering {dollars} proceed to gas our trade.”

Purses, as Rooney famous, rose considerably. Horsemen competed for $1.18 billion, up greater than $300 million or 35.8 p.c from 2020.

Banner 2021 for Harness Racing, Too

US harness racing loved even greater year-to-year good points final yr.

The US Trotting Affiliation introduced Thursday that bettors wagered $1.62 billion on harness races final yr. That was a 39.5 p.c soar from 2020.

Purses rose 44 p.c to $437.9 million, with race days up 38.8 p.c to three,273.

When in comparison with 2019, there have been 151 fewer race days throughout the nation. Nonetheless, the deal with elevated by almost $200 million, or 13.9 p.c.

Modifications in Retailer for Horse Racing in 2022

Huge adjustments are in retailer for thoroughbred racing this yr. A federal regulation that nationalizes drug and security requirements will take impact.

“As we flip the web page to 2022, we look ahead to the start of a brand new period for US Thoroughbred racing with the launch of the Horseracing Integrity and Security Act (HISA), and a fair larger deal with equine security and welfare and the integrity of America’s oldest sport,” Rooney mentioned in his Wednesday assertion.

The brand new requirements come as racing nonetheless makes headlines for horses dying and horsemen going through jail for doping.

Nonetheless, some proponents are involved if HISA will embrace all the drug measures they sought.

Simply earlier than Christmas, months of discussions between the Horseracing Integrity and Security Authority and the US Anti-Doping Company (USADA) broke down. The talks ended with out an settlement in place for USADA to supervise drug testing within the sport. The authority is a nine-member board that shall be chargeable for implementing the drug testing and observe security measures.

“Whereas we desperately tried to succeed in an settlement to implement this system, with out compromising our values, we’ve got at all times mentioned the passing of the laws and the finalization of uniform, strong guidelines are large victories for the horses and the equine trade… Although we’re not sure what the longer term holds for USADA – if any – on this effort, we’ve got supplied to help the Authority and others within the trade to make sure that the game will get this system it wants and that the horses deserve,” USADA CEO Travis T. Tygart mentioned in an announcement.

Final week, Animal Wellness Motion (AWA) wrote to each the authority and USADA imploring them to renew discussions. The group famous the federal regulation referred to as for USADA’s involvement.

“It’s important for the lives of numerous horses and the way forward for American horseracing that the HISA board safe a five-year contract with USADA and see that there’s strong and efficient enforcement of the nationwide anti-doping guidelines,” Pacelle mentioned in an announcement Tuesday.



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