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

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

Posted on: January 9, 2022, 03:19h. 

Very last updated on: January 9, 2022, 04:37h.

The US horse racing sector in 2021 enjoyed its best calendar year in additional than a ten years, according to data unveiled by Equibase on Wednesday.

Love on the Rocks
Appreciate on the Rocks gallops to a win in a maiden race at Turfway Park in Florence, Ky., on Dec. 30. Horse racing relished a powerful 2021, as betting handle surpassed $12 billion for the initially time in a dozen a long time. (Graphic: Coady Pictures/Turfway Park/Twitter)

A lot more than $12.2 billion was wagered on races across the nation past 12 months. Not only was that an 11.9 percent boost from 2020’s overall take care of, it also marked the first time in extra than a decade that betting exceeded $12 billion in a year.

Horse racing returned to its usual plan in 2021 soon after COVID-19 impacted the sport in 2020. The Triple Crown races ended up operate on their typical dates and in their common get.

Equally race times (4,072) and the selection of races (33,567) improved by more than 20 per cent from the prior 12 months. That was aided by the point that numerous significant tracks ended up ready to operate whole fulfills in 2021.

Tom Rooney, president and CEO of the Nationwide Thoroughbred Racing Affiliation (NTRA), mentioned in a assertion Wednesday that the field showed its resiliency final calendar year.

We concluded the 12 months with considerable advancement in purses and total take care of of far more than $12 billion, the greatest considering the fact that 2009,” Rooney mentioned. “We thank our buyers for their ongoing assistance as their wagering dollars carry on to gasoline our market.”

Purses, as Rooney famous, rose considerably. Horsemen competed for $1.18 billion, up much more than $300 million or 35.8 per cent from 2020.

Banner 2021 for Harness Racing, Far too

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

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

Purses rose 44 per cent to $437.9 million, with race days up 38.8 % to 3,273.

When when compared to 2019, there ended up 151 much less race times throughout the place. Still, the handle increased by almost $200 million, or 13.9 %.

Modifications in Store for Horse Racing in 2022

Huge variations are in keep for thoroughbred racing this calendar year. A federal legislation that nationalizes drug and basic safety criteria will take result.

“As we switch the website page to 2022, we appear forward to the beginning of a new era for US Thoroughbred racing with the start of the Horseracing Integrity and Protection Act (HISA), and an even higher concentrate on equine protection and welfare and the integrity of America’s oldest activity,” Rooney reported in his Wednesday assertion.

The new benchmarks appear as racing nonetheless makes headlines for horses dying and horsemen facing jail for doping.

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

Just before Christmas, months of discussions between the Horseracing Integrity and Security Authority and the US Anti-Doping Agency (USADA) broke down. The talks finished without having an settlement in position for USADA to oversee drug screening in the sport. The authority is a nine-member board that will be responsible for utilizing the drug screening and monitor protection actions.

“While we desperately tried to attain an agreement to put into practice the plan, without having compromising our values, we have constantly explained the passing of the laws and the finalization of uniform, sturdy rules are big victories for the horses and the equine industry… Though we are uncertain what the long run retains for USADA – if any – in this hard work, we have supplied to aid the Authority and others in the industry to be certain that the sport will get the application it wants and that the horses ought to have,” USADA CEO Travis T. Tygart claimed in a statement.

Very last 7 days, Animal Wellness Motion (AWA) wrote to both of those 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 numerous horses and the upcoming of American horseracing that the HISA board protected a five-year contract with USADA and see that there is strong and efficient enforcement of the national anti-doping policies,” Pacelle said in a assertion Tuesday.

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