Published:
June 7, 2011 07:28 pm EDT
Betting on thoroughbred racing in the United States was down in May for the 18th consecutive month, according to statistics released by Equibase
, the official industry record keeper.
The wagering in May fell 7.8 percent to $1.16 billion. Purses fell 4.35 percent to nearly $96 million, while the 509 racing days were down 9.59 percent.
For the year to date, wagering is down 8.12 percent at $4.64 billion. Purses are up 2.33 percent at $385.5 million and the number of race days is down 5.19 percent at 1,938.
The last monthly increase was November 2009.
(Courier-journal.com)
Pari mutuel is falling in
Pari mutuel is falling in America but not in country like France.
look, my Quebec, no more racing industry.
Video poker since 1980, no more fans, no more dynamic, no more horse lovers.
Keep listening to commercial operator and soon, no more breeders, no more owners.
It is time to learn.
If you think that this is
If you think that this is bad news just wait 20 years and see where the wager is as our generation continues to age and no young people are taking our place. No matter how bleak things look the race game continues to learn no lessons. They can't deal with issues such as illegal drugs and continue to use outdated takeout rates that can't compete for business with other forms of gambling. If there is anybody left who believes that things aren't going to get a whole lot worse i will borrow a phrase from the great canadian rock group bto, you ain't seen nothing yet.