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

Posted on: January 9, 2022, 03:19h. 

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

The US horse racing field in 2021 loved its most effective calendar year in much more than a decade, in accordance to details released by Equibase on Wednesday.

Love on the Rocks
Like on the Rocks gallops to a gain in a maiden race at Turfway Park in Florence, Ky., on Dec. 30. Horse racing savored a potent 2021, as betting deal with surpassed $12 billion for the first time in a dozen a long time. (Image: Coady Pictures/Turfway Park/Twitter)

Additional than $12.2 billion was wagered on races across the nation previous calendar year. Not only was that an 11.9 p.c increase from 2020’s whole tackle, it also marked the initially time in extra than a ten years that betting exceeded $12 billion in a year.

Horse racing returned to its normal agenda in 2021 after COVID-19 impacted the sport in 2020. The Triple Crown races were being operate on their typical dates and in their common buy.

Equally race days (4,072) and the range of races (33,567) greater by far more than 20 p.c from the former year. That was aided by the fact that numerous huge tracks ended up able to run comprehensive satisfies in 2021.

Tom Rooney, president and CEO of the National Thoroughbred Racing Affiliation (NTRA), mentioned in a assertion Wednesday that the market showed its resiliency last year.

We concluded the 12 months with significant advancement in purses and overall handle of additional than $12 billion, the highest because 2009,” Rooney mentioned. “We thank our customers for their ongoing assist as their wagering pounds continue to gasoline our market.”

Purses, as Rooney observed, rose substantially. Horsemen competed for $1.18 billion, up much more than $300 million or 35.8 percent from 2020.

Banner 2021 for Harness Racing, Far too

US harness racing appreciated even even larger yr-to-calendar year gains final yr.

The US Trotting Affiliation introduced Thursday that bettors wagered $1.62 billion on harness races previous calendar year. That was a 39.5 % jump from 2020.

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

When as opposed to 2019, there were being 151 fewer race days throughout the place. Even now, the cope with improved by approximately $200 million, or 13.9 percent.

Adjustments in Keep for Horse Racing in 2022

Massive modifications are in retail store for thoroughbred racing this calendar year. A federal legislation that nationalizes drug and safety specifications will take result.

“As we switch the web page to 2022, we look ahead to the beginning of a new period for US Thoroughbred racing with the launch of the Horseracing Integrity and Protection Act (HISA), and an even increased focus on equine basic safety and welfare and the integrity of America’s oldest sport,” Rooney stated in his Wednesday assertion.

The new standards come as racing nonetheless will make headlines for horses dying and horsemen facing prison for doping.

Nonetheless, some proponents are worried if HISA will consist of all of the drug actions they sought.

Just prior to Christmas, months of discussions concerning the Horseracing Integrity and Security Authority and the US Anti-Doping Agency (USADA) broke down. The talks finished with out an settlement in put for USADA to oversee drug tests in the sport. The authority is a 9-member board that will be liable for applying the drug testing and observe safety measures.

“While we desperately tried out to achieve an agreement to put into action the software, without the need of compromising our values, we have always mentioned the passing of the laws and the finalization of uniform, strong guidelines are massive victories for the horses and the equine industry… While we are not sure what the upcoming holds for USADA – if any – in this effort, we have provided to support the Authority and some others in the industry to guarantee that the activity receives the method it requirements and that the horses are worthy of,” USADA CEO Travis T. Tygart reported in a assertion.

Very last week, Animal Wellness Action (AWA) wrote to both of those the authority and USADA imploring them to resume conversations. The group pointed out the federal legislation identified as for USADA’s involvement.

“It is important for the life of many horses and the potential of American horseracing that the HISA board secure a 5-year agreement with USADA and see that there is robust and efficient enforcement of the national anti-doping principles,” Pacelle explained in a assertion Tuesday.