US Horse Racing 2021 Take care of Surpasses $12B, Highest in 12 Years

Posted on: January 9, 2022, 03:19h. 

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

The US horse racing market in 2021 enjoyed its finest year in more than a decade, in accordance to info unveiled 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 enjoyed a solid 2021, as betting manage surpassed $12 billion for the initially time in a dozen several years. (Impression: Coady Pictures/Turfway Park/Twitter)

Extra than $12.2 billion was wagered on races throughout the nation very last calendar year. Not only was that an 11.9 p.c maximize from 2020’s complete tackle, it also marked the initially time in extra than a 10 years that betting exceeded $12 billion in a year.

Horse racing returned to its normal routine in 2021 following COVID-19 impacted the sport in 2020. The Triple Crown races have been operate on their normal dates and in their regular get.

Both race times (4,072) and the number of races (33,567) greater by more than 20 p.c from the prior year. That was aided by the reality that many massive tracks were capable to run entire satisfies in 2021.

Tom Rooney, president and CEO of the Countrywide Thoroughbred Racing Association (NTRA), stated in a assertion Wednesday that the field confirmed its resiliency very last year.

We concluded the yr with important advancement in purses and full cope with of a lot more than $12 billion, the greatest since 2009,” Rooney reported. “We thank our prospects for their ongoing assistance as their wagering dollars continue to gas our industry.”

Purses, as Rooney pointed out, rose significantly. Horsemen competed for $1.18 billion, up additional than $300 million or 35.8 percent from 2020.

Banner 2021 for Harness Racing, Far too

US harness racing relished even even larger calendar year-to-12 months gains last year.

The US Trotting Affiliation introduced Thursday that bettors wagered $1.62 billion on harness races past 12 months. That was a 39.5 per cent bounce from 2020.

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

When compared to 2019, there have been 151 fewer race days throughout the country. Nevertheless, the cope with amplified by almost $200 million, or 13.9 p.c.

Modifications in Retail outlet for Horse Racing in 2022

Major changes are in retail outlet for thoroughbred racing this yr. A federal regulation that nationalizes drug and protection requirements will acquire result.

“As we convert the site to 2022, we appear forward to the commencing of a new period for US Thoroughbred racing with the start of the Horseracing Integrity and Protection Act (HISA), and an even higher focus on equine safety and welfare and the integrity of America’s oldest activity,” Rooney stated in his Wednesday statement.

The new specifications arrive as racing however helps make headlines for horses dying and horsemen struggling with jail for doping.

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

Just ahead of Xmas, months of conversations in between the Horseracing Integrity and Basic safety Authority and the US Anti-Doping Agency (USADA) broke down. The talks finished devoid of an arrangement in spot for USADA to oversee drug screening in the sport. The authority is a 9-member board that will be accountable for employing the drug tests and keep track of basic safety measures.

“While we desperately tried out to reach an arrangement to apply the application, devoid of compromising our values, we have usually stated the passing of the legislation and the finalization of uniform, robust guidelines are substantial victories for the horses and the equine industry… Although we are doubtful what the foreseeable future retains for USADA – if any – in this exertion, we have supplied to support the Authority and many others in the marketplace to guarantee that the activity receives the program it desires and that the horses should have,” USADA CEO Travis T. Tygart mentioned in a assertion.

Last week, Animal Wellness Action (AWA) wrote to both the authority and USADA imploring them to resume conversations. The group observed the federal law known as for USADA’s involvement.

“It is vital for the lives of countless horses and the upcoming of American horseracing that the HISA board secure a 5-12 months agreement with USADA and see that there is strong and successful enforcement of the nationwide anti-doping guidelines,” Pacelle claimed in a assertion Tuesday.