• January 10, 2022

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

Posted on: January 9, 2022, 03:19h. 

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

The US horse racing marketplace in 2021 relished its greatest 12 months in much more than a ten years, in accordance to info produced by Equibase on Wednesday.

Love on the Rocks
Appreciate on the Rocks gallops to a acquire in a maiden race at Turfway Park in Florence, Ky., on Dec. 30. Horse racing liked a sturdy 2021, as betting take care of surpassed $12 billion for the to start with time in a dozen decades. (Impression: Coady Photography/Turfway Park/Twitter)

A lot more than $12.2 billion was wagered on races across the nation very last calendar year. Not only was that an 11.9 per cent increase from 2020’s whole deal with, it also marked the initially time in additional than a ten years that betting exceeded $12 billion in a calendar year.

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

Both equally race days (4,072) and the number of races (33,567) improved by extra than 20 per cent from the earlier 12 months. That was aided by the fact that lots of large tracks have been in a position to operate comprehensive meets in 2021.

Tom Rooney, president and CEO of the Nationwide Thoroughbred Racing Affiliation (NTRA), reported in a assertion Wednesday that the industry showed its resiliency past 12 months.

We concluded the calendar year with considerable development in purses and overall tackle of a lot more than $12 billion, the optimum considering that 2009,” Rooney claimed. “We thank our clients for their ongoing aid as their wagering bucks carry on to gasoline our business.”

Purses, as Rooney pointed out, rose substantially. Horsemen competed for $1.18 billion, up more than $300 million or 35.8 p.c from 2020.

Banner 2021 for Harness Racing, Far too

US harness racing savored even greater calendar year-to-yr gains past yr.

The US Trotting Association announced Thursday that bettors wagered $1.62 billion on harness races past year. That was a 39.5 per cent bounce from 2020.

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

When in contrast to 2019, there were being 151 less race days across the state. Nonetheless, the deal with greater by virtually $200 million, or 13.9 per cent.

Variations in Retail store for Horse Racing in 2022

Massive improvements are in shop for thoroughbred racing this calendar year. A federal legislation that nationalizes drug and basic safety standards will take outcome.

“As we change the webpage to 2022, we search forward to the beginning of a new era for US Thoroughbred racing with the start of the Horseracing Integrity and Security Act (HISA), and an even higher emphasis on equine basic safety and welfare and the integrity of America’s oldest activity,” Rooney mentioned in his Wednesday statement.

The new criteria arrive as racing nevertheless makes headlines for horses dying and horsemen going through prison for doping.

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

Just in advance of Christmas, months of conversations among the Horseracing Integrity and Safety Authority and the US Anti-Doping Company (USADA) broke down. The talks ended without an settlement in area for USADA to oversee drug screening in the activity. The authority is a nine-member board that will be dependable for utilizing the drug screening and monitor protection steps.

“While we desperately tried using to get to an settlement to apply the system, without compromising our values, we have constantly reported the passing of the legislation and the finalization of uniform, strong regulations are large victories for the horses and the equine industry… However we are unsure what the future retains for USADA – if any – in this hard work, we have provided to assist the Authority and others in the business to assure that the activity will get the application it requirements and that the horses have earned,” USADA CEO Travis T. Tygart claimed in a assertion.

Previous week, Animal Wellness Action (AWA) wrote to both of those the authority and USADA imploring them to resume discussions. The team famous the federal legislation known as for USADA’s involvement.

“It is important for the life of numerous horses and the foreseeable future of American horseracing that the HISA board safe a five-yr deal with USADA and see that there is strong and successful enforcement of the nationwide anti-doping regulations,” Pacelle reported in a statement Tuesday.