U.S. harness racing economic indicators for 2023 third quarter

Columbus, OH — Total wagering on U.S. harness races during the third quarter of 2023 from July 1 through Sept. 30 increased by $6,086,410 (1.53 percent) with $402,675,941 bet this year compared to $396,589,531 during the same three months in 2022.

Purses during the third quarter showed an increase of 3.51 percent. From July through September, $194,866,907 was distributed in purses compared to $188,262,300 last year, an increase of $6,604,607.

Average wagering per race decreased by 1.00 percent from $38,218 to $38,114 (-$104). Wagering per betting interest was down slightly during the third quarter by 1.57 percent at $5,078 compared to $5,159 in 2022.

The number of race days decreased by 31 (-2.60 percent) with 1,163 this year compared to 1,194 last year.

ECONOMIC INDICATORS ON U.S. RACES – July 1 through Sept. 30 – 2023 vs. 2022

2023 vs 2022 – Third Quarter – July 1 through Sept. 30

2023 2022 % Change
Total Wagered $402,675,941 $396,589,531 + 1.53%
Per Race avg. $38,114 $38,218 – 1.00%
Per Betting Interest $5,078 $5,159 – 1.57%
Purses $194,866,907 $188,262,300 + 3.51%
Race Days 1,163 1,194 – 2.60%

 

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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