U.S. harness racing economic indicators for 2022 second quarter

Columbus, OH – Total wagering on U.S. harness races during the second quarter of 2022 from April 1 through June 30 decreased by 14.67% from $486,789,434 in 2021 to $415.387,374 this year.

However, purses during the second quarter showed a significant increase of 17.31%.  From April through June, $116,494,120 was distributed in purses compared to $99,304,965 last year, an increase of $17,189,155.

Average wagering per race decreased by 36.95% from $69,412 to $43,762.  Wagering per betting interest was also down during the second quarter by 11.19% at $5,716 compared to $6,436 in 2021.

The number of race days was essentially the same with one less (851) than the 852 last year and field size was down by 2.66% from 7.88 in 2021 to 7.67 this year.

ECONOMIC INDICATORS ON U.S. RACES – April 1 through June 30 – 2022 vs. 2021

2022 vs 2021 – Second Quarter – April 1 through June 30

2022 2021 % Change
Total Wagered $415,387,374 $486,789,434 -14.67%
Per Race avg. $43,762 $50,766 -13.80%
Per Betting Interest $5,716 $6,436 -11.19%
Purses $116,494,120 $99,304,965 +17.31%
Race Days 851 852 -0.12%
Field Size 7.67 7.88 -2.66%

 

Please note:  The information above includes U.S. and Canadian common and separate pool wagers on races contested in the U.S.

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