US Horse Racing 2021 Take care of Surpasses $12B, Highest in 12 A long time

Posted on: January 9, 2022, 03:19h. 

Final updated on: January 9, 2022, 04:37h.

The US horse racing field in 2021 loved its most effective year in additional than a ten years, according to data introduced by Equibase on Wednesday.

Love on the Rocks
Like on the Rocks gallops to a win in a maiden race at Turfway Park in Florence, Ky., on Dec. 30. Horse racing enjoyed a robust 2021, as betting cope with surpassed $12 billion for the to start with time in a dozen several years. (Impression: Coady Images/Turfway Park/Twitter)

A lot more than $12.2 billion was wagered on races across the country previous calendar year. Not only was that an 11.9 per cent boost from 2020’s full deal with, it also marked the 1st time in much more than a 10 years that betting exceeded $12 billion in a 12 months.

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

Both race days (4,072) and the amount of races (33,567) enhanced by much more than 20 percent from the prior 12 months. That was aided by the reality that numerous significant tracks had been ready to operate full satisfies in 2021.

Tom Rooney, president and CEO of the Nationwide Thoroughbred Racing Association (NTRA), explained in a statement Wednesday that the market showed its resiliency previous yr.

We concluded the 12 months with sizeable expansion in purses and total cope with of extra than $12 billion, the greatest given that 2009,” Rooney explained. “We thank our consumers for their ongoing guidance as their wagering dollars keep on to gasoline our industry.”

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

Banner 2021 for Harness Racing, Too

US harness racing loved even greater calendar year-to-year gains past year.

The US Trotting Association announced Thursday that bettors wagered $1.62 billion on harness races final year. That was a 39.5 per cent jump from 2020.

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

When compared to 2019, there were being 151 less race times across the country. However, the manage amplified by practically $200 million, or 13.9 percent.

Alterations in Retail store for Horse Racing in 2022

Big variations are in retailer for thoroughbred racing this yr. A federal law that nationalizes drug and safety criteria will just take outcome.

“As we transform the web page to 2022, we glimpse forward to the commencing of a new era for US Thoroughbred racing with the start of the Horseracing Integrity and Security Act (HISA), and an even higher concentration on equine protection and welfare and the integrity of America’s oldest activity,” Rooney explained in his Wednesday assertion.

The new benchmarks occur as racing nevertheless makes headlines for horses dying and horsemen facing prison for doping.

On the other hand, some proponents are anxious if HISA will include all of the drug steps they sought.

Just in advance of Christmas, months of discussions involving the Horseracing Integrity and Security Authority and the US Anti-Doping Agency (USADA) broke down. The talks ended without having an agreement in place for USADA to oversee drug screening in the activity. The authority is a 9-member board that will be responsible for utilizing the drug testing and keep track of basic safety actions.

“While we desperately tried to reach an settlement to put into practice the application, without the need of compromising our values, we have constantly stated the passing of the laws and the finalization of uniform, sturdy principles are massive victories for the horses and the equine industry… Although we are unsure what the long run holds for USADA – if any – in this hard work, we have made available to help the Authority and other folks in the marketplace to make sure that the sport receives the plan it demands and that the horses deserve,” USADA CEO Travis T. Tygart claimed in a statement.

Past 7 days, Animal Wellness Motion (AWA) wrote to the two the authority and USADA imploring them to resume discussions. The group observed the federal law termed for USADA’s involvement.

“It is significant for the lives of innumerable horses and the upcoming of American horseracing that the HISA board safe a 5-yr deal with USADA and see that there is robust and helpful enforcement of the national anti-doping principles,” Pacelle stated in a assertion Tuesday.