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Fewer Race Days In July Drop Economic Indicators

Racing fan with betting ticket at Saratoga race Course, NY 7.17.2021

July 2024 saw declines across the board compared to the same month last year with only average field size (+0.98%) and average available purses per race day (+3.42%) seeing gains for the month. With race days down to 383 from 423 last year (-9.46%), wagering, available purses, races and starts all saw declines.

Race days are down year-to-date (2,173 vs. 2,284) leading to declines in wagering (-3.20%), races (-4.63%) and starts (-3.87%). Available wagering per race day (+1.74%) and average available purses per race day (+8.88 %) both showed gains as did average field size (+0.79%).