By Bill Finley
According to figures released Wednesday by Equibase, $12,218,407,637 was wagered on horse racing in the U.S. in 2021. The figure marks the first time betting has topped $12 billion since 2009 when $12.315 billion was bet.
“Against an extraordinarily difficult backdrop, the resiliency of Thoroughbred racing was on full display in 2021, as we concluded the year with significant growth in purses and total handle of more than $12 billion, the highest since 2009,” NTRA President and Chief Executive Officer Tom Rooney said in a statement. “We thank our customers for their ongoing support, as their wagering dollars continue to fuel our industry. As we turn the page to 2022, we look forward to the beginning of a new era for U.S. Thoroughbred racing with the launch of the Horseracing Integrity and Safety Act (HISA) and an even greater focus on equine safety and welfare and the integrity of America’s oldest sport.”
Wagering peaked in 2003 when $15.18 billion was bet.