U.S. Handle Rises 11.6 Percent in August; Race Days Increase 9.3 Percent
Wagering on U.S. races during the month of August increased 11.6 percent compared to wagering during August of last year, according to figures released Wednesday by Equibase, but the jump was tempered by a nearly equivalent rise in race days.
While betting on U.S. races during the month rose from $982 million to $1.096 billion, the number of race days increased from 527 in August of last year to 576 in August 2012, a rise of 9.3 percent. On average, handle per race day in August of this year was $1.90 million, compared to $1.86 million last year, a difference of 2.1 percent.
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