US Horse Racing 2021 Cope with Surpasses $12B, Maximum in 12 Decades

Monday January 10, 2022 |
US Horse Racing 2021 Cope with Surpasses $12B, Maximum in 12 Decades

Posted on: January 9, 2022, 03:19h. 

Previous current on: January 9, 2022, 04:37h.

The US horse racing sector in 2021 relished its very best year in more than a 10 years, according to facts unveiled by Equibase on Wednesday.

Love on the Rocks
Really like on the Rocks gallops to a get in a maiden race at Turfway Park in Florence, Ky., on Dec. 30. Horse racing liked a potent 2021, as betting manage surpassed $12 billion for the very first time in a dozen a long time. (Image: Coady Images/Turfway Park/Twitter)

Much more than $12.2 billion was wagered on races across the nation previous 12 months. Not only was that an 11.9 % maximize from 2020’s full deal with, it also marked the very first time in much more than a decade that betting exceeded $12 billion in a 12 months.

Horse racing returned to its normal program in 2021 right after COVID-19 impacted the activity in 2020. The Triple Crown races have been run on their common dates and in their common order.

Both of those race times (4,072) and the amount of races (33,567) increased by a lot more than 20 percent from the previous calendar year. That was aided by the simple fact that several big tracks have been capable to operate comprehensive satisfies in 2021.

Tom Rooney, president and CEO of the Nationwide Thoroughbred Racing Affiliation (NTRA), claimed in a statement Wednesday that the sector showed its resiliency final 12 months.

We concluded the year with considerable expansion in purses and whole cope with of a lot more than $12 billion, the best because 2009,” Rooney mentioned. “We thank our prospects for their ongoing guidance as their wagering pounds carry on to fuel our sector.”

Purses, as Rooney pointed out, rose significantly. Horsemen competed for $1.18 billion, up far more than $300 million or 35.8 per cent from 2020.

Banner 2021 for Harness Racing, As well

US harness racing enjoyed even greater 12 months-to-12 months gains last year.

The US Trotting Association announced Thursday that bettors wagered $1.62 billion on harness races final calendar year. That was a 39.5 percent soar from 2020.

Purses rose 44 percent to $437.9 million, with race days up 38.8 p.c to 3,273.

When in comparison to 2019, there were being 151 fewer race times throughout the state. Nevertheless, the handle improved by nearly $200 million, or 13.9 per cent.

Variations in Retail store for Horse Racing in 2022

Significant alterations are in retailer for thoroughbred racing this calendar year. A federal regulation that nationalizes drug and safety expectations will get effect.

“As we flip the site to 2022, we glance forward to the starting of a new period for US Thoroughbred racing with the launch of the Horseracing Integrity and Safety Act (HISA), and an even higher concentrate on equine safety and welfare and the integrity of America’s oldest sport,” Rooney stated in his Wednesday statement.

The new standards appear as racing still can make headlines for horses dying and horsemen dealing with prison for doping.

Having said that, some proponents are involved if HISA will contain all of the drug steps they sought.

Just before Christmas, months of discussions amongst the Horseracing Integrity and Safety Authority and the US Anti-Doping Agency (USADA) broke down. The talks ended without the need of an agreement in spot for USADA to oversee drug screening in the sport. The authority is a nine-member board that will be responsible for employing the drug screening and keep track of safety steps.

“While we desperately tried out to reach an settlement to put into practice the system, without compromising our values, we have usually explained the passing of the legislation and the finalization of uniform, robust principles are massive victories for the horses and the equine industry… Although we are unsure what the upcoming holds for USADA – if any – in this energy, we have presented to help the Authority and other individuals in the business to ensure that the sport gets the application it requirements and that the horses ought to have,” USADA CEO Travis T. Tygart claimed in a assertion.

Last 7 days, Animal Wellness Motion (AWA) wrote to both the authority and USADA imploring them to resume discussions. The group famous the federal law termed for USADA’s involvement.

“It is critical for the lives of a great number of horses and the long run of American horseracing that the HISA board protected a five-year contract with USADA and see that there is robust and productive enforcement of the countrywide anti-doping guidelines,” Pacelle reported in a assertion Tuesday.