According to the United States Trotting Association, both purses and wagering at U.S. Standardbred tracks saw increases in 2013 from the previous year's totals.
The total wagering on harness racing at U.S. tracks in 2013 surpassed $1.6 billion and represented more than a six percent increase from 2012 while nearly $422 million was paid out in purses during the past 12 months, four percent more than the previous year, the USTA reported today.
Total handle on U.S. harness racing in 2013 was $1,604,039,996, an increase of $91,847,989 (6.07 percent) from the $1,512,192,077 wagered in 2012. With 12 additional race days in 2013, 3,880 versus 3,868 a year ago, the average total handle per race day was $413,412 compared to $390,949, an increase of 5.75 percent.
On those 3,880 race days last year, $421,890,322 was distributed in purses compared to the 2012 total of $405,657,174, an increase of $16,233,148 or 4.00 percent.
Following are the comparative economic indicators for U.S. harness racing from 2013 and 2012.
ECONOMIC INDICATORS ON U.S. HARNESS RACES
2013 2012 % Change
Total Wagered $1,604,039,996 $1,512,192,007 +6.07%
Per Race avg. $38,469 $37,337 +3.03%
Purses $421,890,322 $405,657,174 +4.00%
Race Days 3,880 3,868 +0.31%
Please note: Includes U.S. and Canadian common and separate pool wagers on races contested in the U.S. Data source: United Tote.
(USTA)